Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Lateef Fund Class I (LIMIX)

Net Asset Value
1 Day
Overall Morningstar Rating
Large growth
Style or Category
No Load
Sales Expenses
Expense Ratio
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+3.22% 3 years+9.81%
3 months+1.93% 5 years+11.08%
1 year+17.77% Since inception+7.11%
Data through --

Peer Comparisonvs. Large growth

Performance 5-yr return+11.08%+13.70%
Expense ratio1.17%1.12%
Risk 5 year sharpe ratio0.861.22
Net assets$101.8M$3.3B
Average market cap$41.8B$118.6B
Average P/E26.626.8
Portfolio turnover42%42%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

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


U.S. stock95.18%
International stock4.36%
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
V Visa8.25%
GOOGL Google7.00%
DHR Danaher Corp6.12%
FB Facebook5.71%
AGN Allergan5.12%
DLPH Delphi Automotive PLC5.10%
XPO XPO Logistics Inc5.07%
ADSK Autodesk Inc5.04%
Q Quintiles IMS Holdings Inc4.79%
-- 4.36%