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Lateef Fund Class I (LIMIX)

9.67
Net Asset Value
+0.10%
1 Day
+6.03%
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+3.64% 3 years+4.79%
3 months+4.78% 5 years+10.23%
1 year+14.71% Since inception+6.44%
Data through --

Peer Comparisonvs. Large growth

 LIMIXCategory
Performance 5-yr return+10.23%+12.94%
Expense ratio1.16%1.15%
Risk 5 year sharpe ratio0.821.06
Net assets$141.3M$2.8B
Average market cap$42.0B$95.5B
Average P/E28.126.9
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. stock96.93%
International stock3.43%
Fixed income0.00%
Cash0.00%
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
GOOGL Google7.91%
FB Facebook7.04%
CELG Celgene6.66%
ADSK Autodesk Inc6.50%
V Visa6.47%
NWL Newell Brands Inc5.79%
Q Quintiles IMS Holdings Inc5.70%
SLB Schlumberger5.47%
DG Dollar General5.42%
DHR Danaher Corp5.13%