Lateef Fund Class I (LIMIX)

9.11
Net Asset Value
-0.87%
1 Day
+4.83%
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+2.34% 3 years+8.33%
3 months+2.22% 5 years+10.32%
1 year+16.34% Since inception+7.53%
Data through --

Peer Comparisonvs. Large growth

 LIMIXCategory
Performance 5-yr return+10.32%+13.81%
Expense ratio1.17%1.10%
Risk 5 year sharpe ratio0.841.16
Net assets$77.8M$3.5B
Average market cap$27.5B$149.9B
Average P/E22.526.0
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. stock93.49%
International stock3.79%
Cash2.72%
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
XPO XPO Logistics Inc10.51%
KEYS Keysight Technologies Inc7.54%
ADSK Autodesk Inc7.23%
ANTM WellPoint5.43%
V Visa5.22%
APTV Aptiv PLC5.22%
DXC DXC Technology Co5.16%
GOOGL Google4.91%
PGR Progressive Corp4.35%
SYF Synchrony Financial4.29%