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Lateef Fund Class I (LIMIX)

8.63
Net Asset Value
+1.17%
1 Day
-5.37%
Year-to-Date
Overall Morningstar Rating
Large growth
Style or Category
No Load
Sales Expenses
1.17%
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+2.69% 3 years+8.63%
3 months+6.80% 5 years+11.61%
1 year+17.08% Since inception+7.46%
Data through --

Peer Comparisonvs. Large growth

 LIMIXCategory
Performance 5-yr return+11.61%+13.70%
Expense ratio1.17%1.12%
Risk 5 year sharpe ratio0.951.35
Net assets$100.3M$3.5B
Average market cap$44.4B$125.0B
Average P/E25.227.2
Portfolio turnover42%42%

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Fund Management and Purchase Info

Fund familyLateef
Fund manager & tenureQuoc Tran / 10 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock94.26%
International stock4.66%
Cash1.08%
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 Visa9.47%
GOOGL Google7.00%
DHR Danaher Corp6.36%
FB Facebook6.09%
APTV Aptiv PLC5.85%
ADSK Autodesk Inc5.73%
XPO XPO Logistics Inc5.43%
-- 4.66%
KEYS Keysight Technologies Inc4.66%
SIVB SVB Financial Group4.25%