Lateef Fund Class C (LIMCX)

13.35
Net Asset Value
+0.68%
1 Day
-1.98%
Year-to-Date
Overall Morningstar Rating
Large growth
Style or Category
No Load
Sales Expenses
2.19%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks to provide principal preservation and long-term capital appreciation. The fund normally invests in the common stocks of approximately 15 to 25 mid- and large-cap companies (market capitalizations greater than $2 billion) with, in the Adviser's opinion, a sustainable competitive advantage. The Adviser uses an intensive fundamental due diligence research process to attempt to identify companies with owner-oriented management teams that, in the view of the Adviser, generate consistent and sustainable high returns on capital. It is non-diversified.

Performance

1 month-2.34% 3 years+13.40%
3 months-1.40% 5 years+17.05%
1 year+21.05% Since inception+6.27%
Data through --

Peer Comparisonvs. Large growth

 LIMCXCategory
Performance 5-yr return+17.05%+20.22%
Expense ratio2.19%1.24%
Risk 5 year sharpe ratio1.241.26
Net assets$865.6M$2.5B
Average market cap$16.0B$67.2B
Average P/E23.024.1
Portfolio turnover28%28%

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Fund Management and Purchase Info

Fund familyLateef Investment Management, L.p.
Fund manager & tenureQuoc Tran / 6 Years
Minimal initial investment$5,000.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock95.15%
International stock4.10%
Cash0.75%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 31.63%
Business service 17.30%
Hardware 13.88%
Telecommunication 8.11%
Energy 7.91%
Top 10 Holdings
Portfolio weighting
AME Ametek, Inc.6.88%
WYNN Wynn Resorts Ltd5.37%
HSP Hospira, Inc.5.21%
TYC Tyco International Ltd5.16%
TRMB Trimble Navigation Ltd.5.01%
SWK Stanley Black & Decker Inc4.90%
SNI Scripps Networks Interactive Inc4.89%
WAB Westinghouse Air Brake Technologies Corp4.88%
ACN Accenture PLC Class A4.87%
HOT Starwood Hotels & Resorts Worldwide Inc4.65%

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