Address And Details

One Franklin Pkwy , San Mateo, CA 94403
Fund Manager Grant Bowers
Manager Tenure 14 Years 6 Months

Strategy And Objective

Capital appreciation. Under normal market conditions, the Fund invests predominantly in equity securities of companies demonstrating accelerating growth, increasing profitability, or above-average growth or growth potential as compared with the overall economy. The Fund normally invests predominantly in equity securities, primarily to predominantly common stock. A portion to a significant amount of the Fund's investments may be in smaller and midsize companies. The Fund, from time to time, may have significant positions in particular sectors, such as information technology (including technology equipment and hardware, technology services, software and internet services) healthcare and consumer discretionary. The Fund may make private investments in companies whose securities are not publicly traded (including companies that have not yet issued securities publicly in an initial public offering ("IPO")), often in the form of private placements, which are exempt from registration under the federal securities laws and are only sold to certain investors meeting predefined criteria. The investment manager uses fundamental, "bottom-up" research to seek companies meeting its criteria of growth potential, quality and valuation. In seeking sustainable growth characteristics, the investment manager looks for companies that it believes can produce sustainable earnings and cash flow growth, evaluating the long term market opportunity and competitive structure of an industry to target leaders and emerging leaders. In assessing value, the investment manager considers whether security prices fully reflect the balance of the sustainable growth opportunities relative to business and financial risks.

Net Asset Value

as of 5:46 PM ET 09/17/2021

Performance

  • 1 Week
  • +0.08%
  • 1 Month
  • +3.28%
  • 3 Months
  • +8.81%
  • 1 Yr Return
  • +27.77%
  • 5 Yr Return
  • +93.85%

Equity Sector Breakdown

Technology 41.85%
RetailTrade 19.30%
Health 8.59%
Finance 8.54%
NonDurables 6.85%
Services 4.99%
IndustrialCyclical 4.83%
Utilities 1.46%
ConsumerDurables 0.97%
Energy n/a

Asset Allocation

Asset Type % Of Allocation
Stocks 95.16%
Preferred 4.00%
ForeignStocks 3.43%
Convertible 1.03%
Cash 0.00%
Bonds 0.00%
Other 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 40.40 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha 4.64 4.46 -0.02
Beta 1.04 1.02 1.08
R Squared 0.84 0.79 0.80
Std Deviation 21.17 17.30 16.23
Sharpe Ratio 1.19 1.37 n/a

Purchase Information

as of 5:58 PM ET 09/16/2021
Minimum Initial $1000
Minimum Additional $0
Minimum Initial IRA $250

Performance

Timeframe Average Annual Current Performance Monthly As Of 08/31/2021 Average Annual Current Performance Quarterly As Of 06/30/2021 Avg Annual Current Performance Monthly As Of 08/31/2021 Avg Annual Current Performance Quarterly As Of 06/30/2021
1 Year
  • +29.04%
  • +41.45%
+29.04% +41.45%
3 Year
  • +23.83%
  • +24.44%
+23.83% +24.44%
10 Year
  • +17.30%
  • +15.65%
+17.30% +15.65%
Life Of Fund
  • +10.86%
  • +10.66%
+10.86% +10.66%

Top 10 Holdings

Symbol Company Name % Of Assets
AMZN AMAZON COM INC 8.56%
MA MASTERCARD INC 4.23%
MSFT MICROSOFT CORP 4.10%
AAPL APPLE INC 3.72%
V VISA INC 3.20%
GOOGL ALPHABET INC CLASS A 2.74%
NOW SERVICENOW INC 2.45%
CSGP COSTAR GROUP INC 2.02%
PYPL PAYPAL HOLDINGS INC 2.01%
SBAC SBA COMMUNICATIONS CORP 1.97%

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