Leland Thomson Reuters Venture Capital Index Fund Class A (LDVAX)

19.25
Net Asset Value
-0.57%
1 Day
+32.76%
Year-to-Date
Overall Morningstar Rating
Large growth
Style or Category
5.75
Sales Expenses
2.00%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks to provide investment results that- before fees and expenses- correspond generally to the price performance of a specific benchmark designed to track the aggregate performance of U.S. venture capital-backed companies. The fund seeks to provide investment results that- before fees and expenses- correspond generally to the price performance of the Thomson Reuters Venture Capital Index (the "underlying index"). The underlying index seeks to replicate the aggregate gross performance of U.S. venture capital-backed companies. However- the fund does not invest directly in venture capital funds or start-up companies. The fund is non-diversified.

Performance

1 month+4.11% 3 years+30.31%
3 months+1.96% 5 years--
1 year+43.25% Since inception+26.92%
Data through --

Peer Comparisonvs. Large growth

 LDVAXCategory
Performance 5-yr return--+14.37%
Expense ratio2.00%1.10%
Risk 5 year sharpe ratio--1.28
Net assets$99.7M$3.9B
Average market cap$92.5B$179.4B
Average P/E30.427.7
Portfolio turnover88%88%

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Fund Management and Purchase Info

Fund familyLeland Funds
Fund manager & tenureDavid Armstrong / 2 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock98.92%
Cash2.17%
International stock0.77%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
GOOGL Google3.24%
MSFT Microsoft3.20%
IBM IBM3.13%
ORCL Oracle3.12%
ADP Automatic Data Processing Inc2.96%
CRM Salesforce.com2.91%
ACN Accenture2.91%
V Visa2.91%
MA MasterCard2.87%
PYPL PayPal Holdings Inc2.86%