Munder Micro Cap Equity Fund Class R (MMERX)

34.31
Net Asset Value
+1.99%
1 Day
-6.13%
Year-to-Date
Overall Morningstar Rating
Small blend
Style or Category
No Load
Sales Expenses
2.33%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. The fund normally invests at least 80% of the fund's assets in equity securities (i.e., common stocks, preferred stocks, convertible securities and rights and warrants) of micro-capitalization companies. Micro-capitalization companies means those companies with market capitalizations lower than the largest company in the bottom 75% (based on index weightings) of the Russell 2000  Index. Although the fund will primarily be invested in domestic securities, up to 25% of the fund's assets may be invested in foreign securities.

Performance

1 month-3.80% 3 years+20.17%
3 months-6.03% 5 years+15.49%
1 year-2.13% Since inception+6.81%
Data through --

Peer Comparisonvs. Small blend

 MMERXCategory
Performance 5-yr return+15.49%+14.18%
Expense ratio2.33%1.30%
Risk 5 year sharpe ratio0.950.84
Net assets$104.0M$862.9M
Average market cap$492.9M$2.5B
Average P/E18.819.2
Portfolio turnover62%62%

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Fund Management and Purchase Info

Fund familyMunder
Fund manager & tenureAdam Friedman / 3 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

U.S. stock96.47%
Cash2.47%
Fixed income0.53%
International stock0.52%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 25.84%
Industrial materials 18.05%
Business service 10.40%
Consumer service 9.69%
Energy 8.59%
Top 10 Holdings
Portfolio weighting
XBI SPDR S&P Biotech ETF4.64%
CKEC Carmike Cinemas Inc1.62%
LSCC Lattice Semiconductor Corp1.21%
MCS Marcus Corp1.16%
MGAM Multimedia Games Holding Co Inc1.15%
CPE Callon Petroleum Co1.14%
PKOH Park-Ohio Holdings Corp1.09%
FSS Federal Signal Corp1.07%
XCRA Xcerra Corp1.07%
BNCN BNC Bancorp1.06%

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