Address And Details

1295 State St , Springfield, MA 01111
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

This Fund seeks long-term capital appreciation. This Fund seeks to achieve its objective by investing primarily in equity securities of U.S. companies that the Funds subadvisors believe offer the potential furlong-term growth. Under normal market conditions, the Fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities. Equity securities may include common stocks, preferred stocks, securities convertible into common or preferred stock, rights, and warrants. The Fund typically invests most of its assets in mid- and large-capitalization equity securities of U.S. companies, but may invest up to 20% of its total assets in foreign securities and American Depositary Receipts (ADRs), including emerging market securities. The Fund may hold a portion of its assets in cash or cash equivalents. The Fund is non-diversified, which means that it may hold larger positions in a smaller number of stocks than diversified Fund. The Fund is managed by two subadvisors, Sands Capital Management, LLC (Sands Capital) and Jackson Square Partners, LLC (Jackson Square), each being responsible for a portion of the portfolio, but not necessarily equally weighted. Sands Capital seeks long-term capital appreciation by investing in stocks believed to have potential for dramatic wealth creation using bottom-up, fundamental research and focusing on six key investment criteria: sustainable, above average earnings growth, a leadership position in a promising business space, significant competitive advantages/unique business franchise, a clear mission and value-added focus, financial strength, and rational valuation relative to the market and business prospects. Sands Capital does not typically invest in companies with market capitalizations less than $1 billion. Jackson Square seeks to select securities that it believes are undervalued in relation to their intrinsic value, as indicated by multiple factors, including the return on capital above its cost of capital. Jackson Square will normally invest in common stocks of companies with market capitalizations of at least$3 billion at the time of purchase. Each subadvisor may sell securities for a variety of reasons, such as, if, in its judgment, the prospects for future growth diminish, a more attractive opportunity is identified, if fundamentals unexpectedly change, or if valuations are stretched past fair value.

Net Asset Value

as of 5:53 PM ET 09/27/2021

Performance

  • 1 Week
  • +2.28%
  • 1 Month
  • +0.41%
  • 3 Months
  • +4.67%
  • 1 Yr Return
  • -30.76%
  • 5 Yr Return
  • -33.38%

Equity Sector Breakdown

Technology 27.14%
RetailTrade 15.15%
Health 10.41%
Services 10.32%
NonDurables 9.51%
Finance 8.65%
IndustrialCyclical 7.00%
ConsumerDurables 2.03%
Energy 0.74%
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Stocks 99.28%
ForeignStocks 1.78%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
Other 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 13.22 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha 1.17 2.13 -1.12
Beta 1.02 1.01 1.02
R Squared 0.86 0.85 0.81
Std Deviation 20.39 16.45 15.18
Sharpe Ratio 1.01 1.26 n/a

Purchase Information

as of 5:25 PM ET 09/24/2021
Minimum Initial $0
Minimum Additional $0
Minimum Initial IRA $0

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
  • +30.48%
  • +35.98%
+30.48% +35.98%
3 Year
  • +19.38%
  • +20.62%
+19.38% +20.62%
10 Year
  • +16.44%
  • +15.52%
+16.44% +15.52%
Life Of Fund
  • +4.43%
  • +4.25%
+4.43% +4.25%

Top 10 Holdings

Symbol Company Name % Of Assets
SGEN SEAGEN INC 3.28%
TRU TRANSUNION 3.19%
LULU LULULEMON ATHLETICA INC 2.36%
ZI ZOOMINFO TECHNOLOGIES INC 2.36%
MTCH MATCH GROUP INC 2.36%
KLAC KLA CORP 2.28%
VRNS VARONIS SYSTEMS INC 2.27%
FBHS FORTUNE BRANDS HOME & SECURIT 2.26%
CDW CDW CORPORATION 2.08%
HLNE HAMILTON LANE INC 1.99%

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