AMG Renaissance Large Cap Growth Fund Class Z (MRLIX)

14.03
Net Asset Value
-0.78%
1 Day
+0.21%
Year-to-Date
Overall Morningstar Rating
Large growth
Style or Category
No Load
Sales Expenses
0.86%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks to provide investors with long-term capital appreciation. The fund invests at least 80% of its net assets- plus the amount of any borrowings for investment purposes- in securities of large-capitalization companies. The subadvisor considers the term "large-capitalization" companies to generally refer to companies that- at the time of purchase- have a minimum market capitalization of approximately $3 billion. It invests primarily in common stocks of U.S. large-capitalization companies. The fund normally holds 50-60 common stocks- but this number may fluctuate depending on market conditions.

Performance

1 month-2.42% 3 years+9.74%
3 months-4.85% 5 years+15.03%
1 year+16.61% Since inception+14.29%
Data through --

Peer Comparisonvs. Large growth

 MRLIXCategory
Performance 5-yr return+15.03%+13.81%
Expense ratio0.86%1.10%
Risk 5 year sharpe ratio1.221.18
Net assets$152.3M$3.6B
Average market cap$51.8B$149.6B
Average P/E21.827.1
Portfolio turnover33%33%

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Fund Management and Purchase Info

Fund familyAMG Funds
Fund manager & tenureMichael Schroer / 8 Years
Minimal initial investment$5,000,000.00
Minimum IRA investment$50,000.00

Holdings

U.S. stock98.46%
Cash1.54%
International stock0.00%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Hardware 28.53%
Consumer service 16.27%
Healthcare 12.33%
Industrial materials 9.49%
Consumer goods 9.42%
Top 10 Holdings
Portfolio weighting
CTXS Citrix Systems Inc1.96%
VAR Varian Medical Systems Inc1.95%
CSCO Cisco1.94%
FIS Fidelity National Information Services Inc1.93%
MA MasterCard1.91%
IBM IBM1.89%
BA Boeing1.88%
ROST Ross Stores Inc1.87%
TSS Total System Services Inc1.87%
NTAP NetApp Inc1.87%