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Lateef Fund Class I (LIMIX)

10.19
Net Asset Value
+0.49%
1 Day
+11.73%
Year-to-Date
Overall Morningstar Rating
Large growth
Style or Category
No Load
Sales Expenses
1.16%
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.

Performance

1 month+2.31% 3 years+5.32%
3 months+6.81% 5 years+12.09%
1 year+17.14% Since inception+6.93%
Data through --

Peer Comparisonvs. Large growth

 LIMIXCategory
Performance 5-yr return+12.09%+11.55%
Expense ratio1.16%1.14%
Risk 5 year sharpe ratio0.951.28
Net assets$110.1M$3.1B
Average market cap$40.9B$108.1B
Average P/E28.125.9
Portfolio turnover65%65%

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Fund Management and Purchase Info

Fund familyLateef Investment Management LP
Fund manager & tenureQuoc Tran / 9 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock95.09%
International stock4.31%
Cash0.61%
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
V Visa7.10%
FB Facebook6.81%
GOOGL Google6.57%
DHR Danaher Corp5.63%
ADSK Autodesk Inc5.58%
NWL Newell Brands Inc5.57%
NTRS Northern Trust5.44%
AAP Advance Auto Parts Inc5.19%
Q Quintiles IMS Holdings Inc5.02%
SIVB SVB Financial Group4.80%