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Lateef Fund Class C (LIMCX)

14.02
Net Asset Value
+0.65%
1 Day
+7.02%
Year-to-Date
Overall Morningstar Rating
Large growth
Style or Category
No Load
Sales Expenses
2.16%
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+5.26% 3 years+15.74%
3 months+6.94% 5 years+14.79%
1 year+10.44% Since inception+6.12%
Data through --

Peer Comparisonvs. Large growth

 LIMCXCategory
Performance 5-yr return+14.79%+16.96%
Expense ratio2.16%1.20%
Risk 5 year sharpe ratio1.081.23
Net assets$740.6M$2.7B
Average market cap$19.2B$76.4B
Average P/E22.621.4
Portfolio turnover29%29%

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Fund Management and Purchase Info

Fund familyLateef Investment Management, L.p.
Fund manager & tenureQuoc Tran / 7 Years
Minimal initial investment$5,000.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock95.37%
Cash4.63%
International stock0.00%
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 Inc6.89%
TW Towers Watson & Co6.63%
CELG Celgene5.90%
WAB Westinghouse Air Brake Technologies Corp5.28%
NLSN Nielsen NV4.89%
FB Facebook4.85%
AON Aon PLC4.80%
DHR Danaher Corp4.72%
JLL Jones Lang LaSalle Inc4.46%
SWK Stanley Black & Decker Inc4.43%