Lateef Fund Class I (LIMIX)

13.90
Net Asset Value
+0.94%
1 Day
-1.84%
Year-to-Date
Overall Morningstar Rating
Large growth
Style or Category
No Load
Sales Expenses
1.16%
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-3.54% 3 years+15.01%
3 months+2.47% 5 years+14.36%
1 year+8.06% Since inception+7.42%
Data through --

Peer Comparisonvs. Large growth

 LIMIXCategory
Performance 5-yr return+14.36%+14.09%
Expense ratio1.16%1.23%
Risk 5 year sharpe ratio0.990.98
Net assets$834.8M$2.7B
Average market cap$16.1B$70.2B
Average P/E23.122.3
Portfolio turnover41%41%

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Fund Management and Purchase Info

Fund familyLateef Investment Management, L.p.
Fund manager & tenureQuoc Tran / 7 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock95.61%
Cash4.39%
International stock0.00%
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
WYNN Wynn Resorts Ltd6.81%
AME Ametek Inc6.45%
SWK Stanley Black & Decker Inc5.30%
WAB Westinghouse Air Brake Technologies Corp5.23%
RHI Robert Half International Inc5.09%
TYC Tyco International Ltd4.94%
SNI Scripps Networks Interactive Inc4.76%
HSP Hospira Inc4.71%
DHR Danaher Corp4.69%
FOXA Twenty-First Century Fox Inc Class A4.66%

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