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POLIX Polen Growth Institutional

  • Fund
  • POLIX
  • Price as of: Aug 08, 2016
  • $19.83
  • - $0.09
  • - 0.45%
  • Category
  • Large Cap Growth Equities

POLIX - Profile

Vitals

  • YTD Return 2.5%
  • 3 Yr Annualized Return 16.1%
  • 5 Yr Annualized Return 13.3%
  • Net Assets $1.19 B
  • Holdings in Top 10 57.8%

52 WEEK LOW AND HIGH

$19.83
$17.31
$20.82

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.17%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 9.13%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

STANDARD (TAXABLE)

$100,000

IRA

$100,000

Investment Themes

CATEGORY

Large Cap Growth Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Large Growth

Distributions

  • YTD Total Return 2.5%
  • 3 Yr Annualized Total Return 16.1%
  • 5 Yr Annualized Total Return 13.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.04%
DIVIDENDS
  • Dividend Yield N/A
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Polen Growth Fund
  • Fund Family Name Polen Capital
  • Inception Date Sep 15, 2010
  • Shares Outstanding N/A
  • Share Class Inst
  • Currency USD
  • Domiciled Country United States
  • Manager Daniel Davidowitz

POLIX - Performance

Return Ranking - Trailing

Period POLIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 2.5% -97.0% 17.4% 53.57% 3
1 Yr 4.3% -28.3% 24.3% 10.48% 1
3 Yr 16.1% * 0.2% 17.7% 0.42% 1
5 Yr 13.3% * 1.6% 16.2% 10.95% 1
10 Yr N/A * 0.4% 13.1% N/A N/A

* Annualized


Return Ranking - Calendar

Period POLIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 9.9% -38.0% 13.6% 0.42% 1
2014 N/A -0.7% 12.3% N/A N/A
2013 N/A 23.9% 43.4% N/A N/A
2012 N/A 10.8% 19.6% N/A N/A
2011 N/A -12.1% 12.5% N/A N/A

Total Return Ranking - Trailing

Period POLIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 2.5% -97.0% 13.2% 53.27% 3
1 Yr 4.3% -28.3% 22.0% 9.07% 1
3 Yr 16.1% * -1.0% 17.7% 0.35% 1
5 Yr 13.3% * 0.4% 16.2% 9.99% 1
10 Yr N/A * -0.1% 13.1% N/A N/A

* Annualized


Total Return Ranking - Calendar

Period POLIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 9.9% -38.0% 17.4% 0.69% 1
2014 N/A -0.7% 13.1% N/A N/A
2013 N/A 32.4% 62.9% N/A N/A
2012 N/A 15.7% 23.1% N/A N/A
2011 N/A -14.3% 13.3% N/A N/A

NAV & Total Return History

POLIX - Holdings

Filings data as of: Jun 30, 2016

Concentration Analysis

POLIX Category Low Category High POLIX % Rank Quintile
Net Assets 1.19 B 373 K 146 B 11.12% 3
Number of Holdings 23 1 2190 11.70% 5
Net Assets in Top 10 658 M 0 33.1 B 8.35% 2
Weighting of Top 10 57.8% 0.0% 150.9% 2.31% 1

Top 10 Holdings

  1. Visa Inc Class A 7.35%
  2. Nike Inc B 6.46%
  3. TJX Companies Inc 5.29%
  4. Starbucks Corp 6.12%
  5. The Priceline Group Inc 5.16%
  6. Alphabet Inc C 6.05%
  7. Accenture PLC A 5.14%
  8. Oracle Corp 4.97%
  9. Automatic Data Processing Inc 4.96%
  10. Facebook Inc A 6.32%

Asset Allocation

Weighting Category Low Category High POLIX % Rank Quintile
Stocks
97.11% 0.00% 109.00% 12.21% 4
Cash
2.89% -9.00% 100.00% 9.25% 2
Other
0.00% -1.32% 24.55% 6.88% 3
Convertible Bonds
0.00% 0.00% 2.81% 0.84% 2
Preferred Stocks
0.00% 0.00% 4.61% 2.31% 2
Bonds
0.00% 0.00% 76.29% 2.89% 2

Stock Sector Breakdown

Weighting Category Low Category High POLIX % Rank Quintile
Technology
38.27% -1.29% 52.19% 1.16% 1
Consumer Cyclical
27.20% -2.22% 41.71% 1.16% 1
Financial Services
9.17% -2.38% 40.17% 15.10% 3
Healthcare
9.05% -1.03% 98.63% 25.84% 5
Industrials
8.88% -0.37% 29.48% 17.67% 4
Consumer Defense
4.55% -1.43% 30.67% 21.34% 4
Utilities
0.00% -0.18% 16.29% 8.35% 3
Communication Services
0.00% 0.00% 12.93% 19.99% 5
Energy
0.00% -2.01% 16.80% 21.14% 5
Real Estate
0.00% 0.00% 11.43% 13.95% 4
Basic Materials
0.00% -1.18% 12.09% 20.05% 5

Stock Geographic Breakdown

Weighting Category Low Category High POLIX % Rank Quintile
US
92.56% 0.00% 109.00% 14.40% 3
Non US
4.55% -0.01% 91.03% 11.95% 2

POLIX - Expenses

Operational Fees

POLIX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.17% 0.00% 24.91% 11.25% 3
Management Fee 1.00% 0.00% 1.50% 0.77% 5
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.00% 1.00% N/A N/A

Sales Fees

POLIX Fees (% of AUM) Category Low Category High POLIX Rank Quintile
Front Load N/A 1.50% 8.50% N/A N/A
Deferred Load N/A 1.00% 5.50% N/A N/A

Trading Fees

POLIX Fees (% of AUM) Category Low Category High POLIX Rank Quintile
Max Redemption Fee 2.00% 0.05% 5.00% 1.31% 3

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

POLIX Fees (% of AUM) Category Low Category High POLIX Rank Quintile
Turnover 9.13% 0.00% 437.00% 13.76% 1

POLIX - Distributions

Dividend Yield Analysis

POLIX Category Low Category High POLIX % Rank Quintile
Dividend Yield N/A 0.00% 2.85% N/A N/A

Dividend Distribution Analysis

POLIX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

POLIX Category Low Category High POLIX % Rank Quintile
Net Income Ratio 0.04% -5.94% 3.70% 9.97% 3

Capital Gain Distribution Analysis

POLIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

POLIX - Managers

Daniel Davidowitz

Lead Manager

Start Date

Sep 15, 2010

Tenure

5.88

Tenure Rank

6.9%

Mr. Davidowitz joined Polen Capital in 2005. Mr. Davidowitz leads the investment team. Prior to joining Polen Capital, Mr. Davidowitz spent five years as Vice President and Research Analyst at Osprey Partners Investment Management. Before joining Osprey Partners, Mr. Davidowitz spent one year as a Research Analyst at Value Line, Inc. and five years in the health care sector holding various analytical positions at Memorial Sloan-Kettering Cancer Center. Mr. Davidowitz received his B.S. with high honors in Public Health from Rutgers University and a Masters in Business Administration.


Damon A. Ficklin

Manager

Start Date

Sep 15, 2010

Tenure

5.88

Tenure Rank

6.9%

Mr. Ficklin joined Polen Capital in 2003. Mr. Ficklin is responsible for leading the firm’s research process. Prior to joining Polen Capital, Mr. Ficklin spent one year working as an equity analyst with Morningstar and four years as a tax consultant to Fortune 500 companies with Price Waterhouse. Mr. Ficklin graduated Magna Cum Laude from the University of South Florida with a B.S. in Accounting, earned a M.S.A. from Appalachian State University, and earned an MBA with high honors from The University of Chicago Booth School of Business. Mr. Ficklin is also a Certified Public Accountant (CPA).


Tenure Analysis

Category Low

0.0

Category High

48.6

Category Average

7.08

Category Mode

1.6