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Lateef Fund Class I (LIMIX)

Net Asset Value
1 Day
Overall Morningstar Rating
Large growth
Style or Category
No Load
Sales Expenses
Expense Ratio
Above 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.


1 month-0.87% 3 years+5.83%
3 months+2.51% 5 years+13.26%
1 year+5.11% Since inception+6.24%
Data through --

Peer Comparisonvs. Large growth

Performance 5-yr return+13.26%+9.98%
Expense ratio1.16%1.17%
Risk 5 year sharpe ratio0.850.97
Net assets$392.8M$2.8B
Average market cap$31.4B$88.0B
Average P/E28.426.7
Portfolio turnover65%65%

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Fund Management and Purchase Info

Fund familyLateef Investment Management LP
Fund manager & tenureQuoc Tran / 8 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment$2,500.00


U.S. stock88.89%
International stock10.58%
Fixed income0.00%
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
FB Facebook7.14%
GOOGL Google7.02%
DG Dollar General6.14%
SRCL Stericycle Inc5.67%
IMS IMS Health Holdings Inc5.48%
HOLX Hologic Inc5.42%
DLPH Delphi Automotive PLC5.37%
WYNN Wynn Resorts5.37%
UPS UPS5.32%
NLSN Nielsen Holdings PLC5.20%