Global IPO Fund (IPOSX)

Net Asset Value
1 Day
Overall Morningstar Rating
Mid-cap growth
Style or Category
No Load
Sales Expenses
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. The fund pursues its objective by investing, under normal circumstances, at least 80% of its net assets, plus any borrowings for investment purposes, in a diversified portfolio of the common stocks, American Depositary Receipts ("ADRs"), real estate investment trusts ("REITS") and master limited partnerships ("MLPs ") (together "securities "), without regard to their market capitalization, of newly listed initial public offerings of domestic and foreign companies ("IPOs") that trade on a U.S. exchange.


1 month+2.20% 3 years+12.24%
3 months+4.37% 5 years+7.71%
1 year+9.55% Since inception+1.75%
Data through --

Peer Comparisonvs. Mid-cap growth

Performance 5-yr return+7.71%+14.76%
Expense ratio2.84%1.33%
Risk 5 year sharpe ratio0.561.01
Net assets$9.5M$1.3B
Average market cap$9.3B$9.8B
Average P/E30.924.3
Portfolio turnover198%198%

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Fund Management and Purchase Info

Fund familyRenaissance Capital
Fund manager & tenureLinda Killian / 17 Years
Minimal initial investment$5,000.00
Minimum IRA investment$2,500.00


U.S. stock87.20%
International stock9.83%
Fixed income1.57%
Top 5 Sectors
Portfolio weighting
Consumer service 20.23%
Hardware 16.89%
Business service 15.36%
Energy 9.38%
Industrial materials 9.29%
Top 10 Holdings
Portfolio weighting
FB Facebook8.90%
BABA Alibaba Group Holding Ltd6.46%
PANW Palo Alto Networks Inc6.35%
DPLO Diplomat Pharmacy Inc5.11%
EVHC Envision Healthcare Holdings Inc4.67%
VOYA Voya Financial Inc4.61%
WWAV WhiteWave Foods Co4.35%
Q Quintiles Transnational Holdings Inc4.27%
ZTS Zoetis Inc4.01%
SHLX Shell Midstream Partners LP3.82%

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