Focused Growth Fund
Daily price w/o sales charge as of 09/28/2023
$21.03
$0.26
YTD Returns w/o sales charge as of 09/28/2023
16.70%
Summary
Summary
Fund Basicsas of 08/31/2023
- Total Net Assets
- $35.29 M
- Inception Date
- 02/01/2019
- Dividend Frequency
- Monthly (Daily Accrual)
- Fund Gross Expense Ratio
- 1.54%
- Fund Net Expense Ratio
- 1.05%
- Number of Holdings
- 29
- Minimum Initial Investment
- $1,500+
TEN LARGEST HOLDINGS as of 08/31/2023View Portfolio
Holding | Assets |
---|---|
NVIDIA Corp | 11.4% |
Apple Inc | 7.7% |
Microsoft Corp | 6.8% |
Amazon.com Inc | 5.4% |
Shopify Inc | 4.8% |
Alphabet Inc | 4.6% |
Eli Lilly & Co | 4.4% |
Netflix Inc | 3.8% |
Meta Platforms Inc | 3.4% |
Arista Networks Inc | 3.3% |
Aggregate holdings are updated monthly, 30 days after month end. Aggregate holdings are presented to illustrate examples of the securities that the Fund has bought and the diversity of the areas in which the Fund may invest, and may not be representative of the Fund's current or future investments. The figures presented are as of the date shown and may change at any time.
Sector Allocationas of 08/31/2023View Portfolio
Sector | Weighting |
---|
Sector | Weighting |
---|---|
Communication Services | |
Real Estate | |
Utilities | |
Consumer Discretionary | |
Consumer Staples | |
Energy | |
Financials | |
Health Care | |
Industrials | |
Information Technology | |
Materials |
INVESTMENT TEAM



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Performance
Performance
Fund Expense Ratio :
Gross 1.54%
Net 1.05%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 01/31/2019 |
---|
w/o sales charge | 26.53% | 9.46% | 0.20% | - | - | 14.70% |
Lipper Category Avg. Large-Cap Growth Funds | 30.15% | 20.34% | 4.81% | - | - | - |
Russell 1000® Growth Index | 32.17% | 21.94% | 8.25% | - | - | 17.23% |
w/ sales charge | 19.25% | 3.17% | -1.76% | - | - | 13.22% |
Fund Expense Ratio :
Gross 1.54%
Net 1.05%
Fund Expense Ratio :
Gross 1.54%
Net 1.05%
YTD | 1-YR | 3-YR | 5-YR | 10-YR | Since Inception 01/31/2019 |
---|
w/o sales charge | 23.64% | 14.73% | 6.32% | - | - | 14.71% |
Lipper Category Avg. Large-Cap Growth Funds | 27.69% | 25.09% | 9.74% | - | - | - |
Russell 1000® Growth Index | 29.02% | 27.11% | 13.73% | - | - | 17.30% |
w/ sales charge | 16.53% | 8.16% | 4.25% | - | - | 13.17% |
Fund Expense Ratio :
Gross 1.54%
Net 1.05%
Returns with sales charges reflect a maximum sales charge of 5.75%.
The performance quoted represents past performance, which is no indication of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost. Therefore, there can be no assurance for future results.
The Fund changed its investment strategy on 01/31/2019. Performance is calculated from this date.
Year | Fund Returns | Russell 1000® Growth Index |
---|
2022 | -39.06% | -29.14% |
2021 | 12.94% | 27.60% |
2020 | 86.10% | 38.49% |
2019 | 15.67% | 36.39% |
Year | Q1 | Q2 | Q3 | Q4 | Yearly Returns |
---|
2023 | 11.43% | 10.96% | - | - | 16.70% |
2022 | -13.02% | -24.49% | -1.91% | -5.41% | -39.06% |
2021 | -2.35% | 9.65% | -0.06% | 5.55% | 12.94% |
2020 | -7.20% | 41.99% | 21.17% | 16.56% | 86.10% |
2019 | - | 4.43% | -8.30% | 13.03% | 15.67% |
Performance is shown for each quarter and each calendar year. Past performance is no guarantee of future results.
Growth of $10,000 as of 08/31/2023
The chart begins on the Fund's inception date of 01/31/2019.
Based on a hypothetical Class A share investment of $10,000 on 01/31/2019 without sales charge and includes the reinvestment of all distributions.
NAV HISTORICAL PRICES
Date | Net Asset Value |
---|
Portfolio
Portfolio
Holding | Sector | Assets |
---|
NVIDIA Corp | Information Technology | 11.4% |
Apple Inc | Information Technology | 7.7% |
Microsoft Corp | Information Technology | 6.8% |
Amazon.com Inc | Consumer Discretionary | 5.4% |
Shopify Inc | Information Technology | 4.8% |
Alphabet Inc | Communication Services | 4.6% |
Eli Lilly & Co | Health Care | 4.4% |
Netflix Inc | Communication Services | 3.8% |
Meta Platforms Inc | Communication Services | 3.4% |
Arista Networks Inc | Information Technology | 3.3% |
Aggregate holdings are updated monthly, 30 days after month end. Aggregate holdings are presented to illustrate examples of the securities that the Fund has bought and the diversity of the areas in which the Fund may invest, and may not be representative of the Fund's current or future investments. The figures presented are as of the date shown and may change at any time.
Holding | Sector | Assets |
---|
NVIDIA Corp | Information Technology | 10.5% |
Apple Inc | Information Technology | 7.9% |
Microsoft Corp | Information Technology | 6.8% |
Shopify Inc | Information Technology | 4.8% |
Amazon.com Inc | Consumer Discretionary | 4.5% |
Netflix Inc | Communication Services | 3.8% |
Meta Platforms Inc | Communication Services | 3.5% |
Alphabet Inc | Communication Services | 3.5% |
Adobe Inc | Information Technology | 3.1% |
Trade Desk Inc/The | Information Technology | 3.1% |
MongoDB Inc | Information Technology | 3.1% |
Lattice Semiconductor Corp | Information Technology | 2.9% |
HubSpot Inc | Information Technology | 2.9% |
Dexcom Inc | Health Care | 2.6% |
TransMedics Group Inc | Health Care | 2.5% |
Applied Materials Inc | Information Technology | 2.4% |
ServiceNow Inc | Information Technology | 2.4% |
Monolithic Power Systems Inc | Information Technology | 2.4% |
Arista Networks Inc | Information Technology | 2.4% |
Argenx SE | Health Care | 2.3% |
Advanced Micro Devices Inc | Information Technology | 2.3% |
Intuitive Surgical Inc | Health Care | 2.3% |
Uber Technologies Inc | Industrials | 2.0% |
Tesla Inc | Consumer Discretionary | 2.0% |
Cadence Design Systems Inc | Information Technology | 1.9% |
Eli Lilly & Co | Health Care | 1.9% |
Spotify Technology SA | Communication Services | 1.8% |
Mastercard Inc | Financials | 1.8% |
MercadoLibre Inc | Consumer Discretionary | 1.6% |
Lululemon Athletica Inc | Consumer Discretionary | 1.5% |
TransDigm Group Inc | Industrials | 1.5% |
Aggregate holdings are updated monthly, 30 days after month end. Aggregate holdings are presented to illustrate examples of the securities that the Fund has bought and the diversity of the areas in which the Fund may invest, and may not be representative of the Fund's current or future investments. The figures presented are as of the date shown and may change at any time.
Sector Allocationas of 08/31/2023
Sector | Weighting | Fund Change from Previous Quarter |
---|
Sector | Weighting | Fund Change from Previous Quarter |
---|---|---|
Communication Services |
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Real Estate | 0.0% | |
Utilities | 0.0% | |
Consumer Discretionary |
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|
Consumer Staples | 0.0% | |
Energy | 0.0% | |
Financials |
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|
Health Care |
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|
Industrials |
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|
Information Technology |
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|
Materials | 0.0% |
Fees & Expenses
Fees & Expenses
Sales Charge Schedule as of 09/28/2023
Sales Charge | Dealer's Concession | Prices at Breakpoint | |
---|---|---|---|
Less than $50,000 | 5.75% | 5.00% | $22.31 |
$50,000 to $99,999 | 4.75% | 4.00% | $22.08 |
$100,000 to $249,999 | 3.95% | 3.25% | $21.89 |
$250,000 to $499,999 | 2.75% | 2.25% | $21.62 |
$500,000 to $999,999 | 1.95% | 1.75% | $21.45 |
$1,000,000 to $5,000,000 | 0.00% | 1.00% | $21.03 |
Class A shares purchased without a sales charge (commissionable NAV) will be subject to a CDSC of 1% if they are redeemed before the first day of the month in which the one-year anniversary of the purchase falls.
EXPENSE RATIOas of 08/31/2023
Fund Gross Expense Ratio | Fund Net Expense Ratio | |
---|---|---|
1.54% | 1.05% |
Expense ratio details, Click here.
The net expense ratio takes into account contractual fee waivers/expense reimbursements that currently are scheduled to remain in place through 02/29/2024. For periods when fees and expenses were waived and/or reimbursed, the Fund benefited by not bearing such expenses. Without such fee waivers/reimbursements, performance would have been lower.
Fund Documents
Fund Documents
0Documents selected
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Portfolio Holdings 1Q
Publish Date:11/03/2015
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Portfolio Holdings 3Q
Publish Date:11/03/2015
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Summary Prospectus
Publish Date:11/03/2015
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Statutory Prospectus
Publish Date:11/03/2015
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SAI
Publish Date:11/03/2015
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Annual Report
Publish Date:11/03/2015
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Semi-Annual Report
Publish Date:11/03/2015
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Fact Sheet
Publish Date:11/03/2015
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Commentary
Publish Date:11/03/2015
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