Alta Quality Growth Institutional
- AQLGX
- Price as of: Mar 05, 2021
-
$15.44
N/A N/A
- Primary Theme
- U.S. Large-Cap Growth Equity
- Fund Company
- Alta Capital
- Share Class
AQLGX - Snapshot
Vitals
- YTD Return -0.8%
- 3 Yr Annualized Return N/A
- 5 Yr Annualized Return N/A
- Net Assets $45.1 M
- Holdings in Top 10 46.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.30%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 26.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $2,500
- IRA $2,500
Fund Classification
-
Primary Theme
U.S. Large-Cap Growth Equity
- Fund Type Open End Mutual Fund
- Investment Style Large Growth
AQLGX - Profile
Distributions
- YTD Total Return -0.8%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.14%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameAlta Quality Growth Fund
-
Fund Family NameAlta Capital Management LLC
-
Inception DateDec 19, 2018
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMelanie Peche
Fund Description
Under normal conditions the fund invests at least 80% of the fund's net assets (plus the amount of any borrowings for investment purposes) in equity securities of large-capitalization and mid-capitalization companies. It may invest up to 20% of the fund's assets in securities of foreign companies, primarily indirectly through American Depositary Receipts (ADRs).
AQLGX - Performance
Return Ranking - Trailing
| Period | AQLGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -0.8% | -8.8% | 34.1% | 44.26% |
| 1 Yr | 31.9% | -9.0% | 137.8% | 88.98% |
| 3 Yr | N/A* | 1.4% | 48.1% | N/A |
| 5 Yr | N/A* | 1.7% | 46.2% | N/A |
| 10 Yr | N/A* | 1.5% | 24.4% | N/A |
* Annualized
Return Ranking - Calendar
| Period | AQLGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 20.2% | -67.0% | 145.0% | 67.20% |
| 2019 | 30.3% | -28.8% | 76.0% | 17.15% |
| 2018 | N/A | -64.5% | 19.1% | N/A |
| 2017 | N/A | -68.7% | 64.3% | N/A |
| 2016 | N/A | -56.6% | 15.3% | N/A |
Total Return Ranking - Trailing
| Period | AQLGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -0.8% | -8.8% | 34.1% | 44.26% |
| 1 Yr | 31.9% | -9.0% | 137.8% | 84.06% |
| 3 Yr | N/A* | 0.1% | 48.1% | N/A |
| 5 Yr | N/A* | 0.5% | 46.2% | N/A |
| 10 Yr | N/A* | 0.9% | 24.4% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | AQLGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 20.2% | -67.0% | 145.0% | 67.20% |
| 2019 | 30.3% | -28.8% | 76.0% | 17.15% |
| 2018 | N/A | -64.5% | 29.5% | N/A |
| 2017 | N/A | -24.8% | 64.3% | N/A |
| 2016 | N/A | -56.6% | 17.1% | N/A |
NAV & Total Return History
AQLGX - Holdings
Concentration Analysis
| AQLGX | Category Low | Category High | AQLGX % Rank | |
|---|---|---|---|---|
| Net Assets | 45.1 M | 10.3 K | 257 B | 90.64% |
| Number of Holdings | 32 | 1 | 2573 | 89.97% |
| Net Assets in Top 10 | 20.3 M | 221 K | 96.2 B | 91.08% |
| Weighting of Top 10 | 46.76% | 11.1% | 100.0% | 34.01% |
Top 10 Holdings
- Apple Inc 7.08%
- Alphabet Inc A 6.24%
- Facebook Inc A 5.66%
- The Walt Disney Co 4.98%
- Booking Holdings Inc 4.78%
- Thermo Fisher Scientific Inc 3.76%
- The Home Depot Inc 3.75%
- Take-Two Interactive Software Inc 3.67%
- Fiserv Inc 3.57%
- Adobe Inc 3.44%
Asset Allocation
| Weighting | Return Low | Return High | AQLGX % Rank | |
|---|---|---|---|---|
| Stocks | 98.61% | 48.90% | 135.93% | 60.10% |
| Cash | 1.39% | -35.93% | 48.10% | 35.81% |
| Preferred Stocks | 0.00% | 0.00% | 6.63% | 20.28% |
| Other | 0.00% | -2.45% | 21.26% | 26.89% |
| Convertible Bonds | 0.00% | 0.00% | 15.24% | 13.22% |
| Bonds | 0.00% | -0.75% | 24.39% | 17.91% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | AQLGX % Rank | |
|---|---|---|---|---|
| Technology | 26.85% | 0.00% | 87.30% | 76.82% |
| Communication Services | 23.19% | 0.00% | 68.19% | 5.05% |
| Consumer Cyclical | 16.56% | 0.00% | 38.89% | 44.87% |
| Healthcare | 15.18% | 0.00% | 61.09% | 31.95% |
| Financial Services | 10.53% | 0.00% | 41.22% | 43.54% |
| Industrials | 3.99% | 0.00% | 30.46% | 71.40% |
| Consumer Defense | 1.91% | 0.00% | 19.07% | 73.63% |
| Basic Materials | 1.78% | 0.00% | 15.44% | 34.99% |
| Utilities | 0.00% | 0.00% | 10.98% | 40.94% |
| Real Estate | 0.00% | 0.00% | 22.68% | 77.64% |
| Energy | 0.00% | 0.00% | 9.24% | 42.50% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | AQLGX % Rank | |
|---|---|---|---|---|
| US | 98.61% | 11.18% | 133.53% | 15.30% |
| Non US | 0.00% | 0.00% | 82.96% | 90.34% |
AQLGX - Expenses
Operational Fees
| AQLGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.30% | 0.01% | 23.28% | 30.32% |
| Management Fee | 0.75% | 0.00% | 1.50% | 77.84% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 1.02% | N/A |
Sales Fees
| AQLGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.25% | 8.50% | N/A |
| Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
| AQLGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.50% | 5.00% | N/A |
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.
| AQLGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 26.00% | 0.00% | 358.00% | 25.66% |
AQLGX - Distributions
Dividend Yield Analysis
| AQLGX | Category Low | Category High | AQLGX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 1.76% | 14.19% |
Dividend Distribution Analysis
| AQLGX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Monthly | Annually |
Net Income Ratio Analysis
| AQLGX | Category Low | Category High | AQLGX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.14% | -56.00% | 1.99% | 36.48% |
Capital Gain Distribution Analysis
| AQLGX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Daily | Annually |
AQLGX - Fund Manager Analysis
Managers
Melanie Peche
Start Date
Tenure
Tenure Rank
Dec 19, 2018
2.2
2.2%
Melanie Peche is Principal and Portfolio Manager for Alta Capital, a member of Guardian Capital Group Limited. She joined Alta in 2004. Her career in the financial services industry began in June 1994 when she joined Goldman Sachs as an equity analyst. During her time with Goldman Sachs in London, as a sell-side equity analyst, Melanie had the opportunity to advise corporate managements and government officials on strategy, financing, privatization and equity market valuations. Prior to joining Alta, Melanie was Vice President of European Equities at Salomon Smith Barney in London.
Michael Tempest
Start Date
Tenure
Tenure Rank
Dec 19, 2018
2.2
2.2%
Michael Tempest is Managing Principal and Chief Investment Officer for Alta Capital, a member of Guardian Capital Group Limited. He joined Alta in 1996. His career in the financial services industry began in January 1991. Prior to joining Alta, Mike worked in the institutional equity departments of Bear Stearns and Morgan Stanley. Mike received a BS in international finance from Brigham Young University. He earned his MBA with a concentration in Finance from Columbia Business School in New York City. Mike serves as an adjunct professor at the University of Utah.
Casey Nelsen
Start Date
Tenure
Tenure Rank
Jan 28, 2020
1.09
1.1%
Casey Nelsen is Principal and Portfolio Manager for Alta Capital Management (Alta), a member of Guardian Capital Group Limited. His career in the investment management industry began with Alta in 2007. Casey graduated from Brigham Young University’s Marriott School of Management. As an undergraduate, Casey was a founding member of the Brigham Young University student investment fund. He continues to work with students managing the fund, making annual visits to share investment insights. He is a CFA® Charterholder and a member of the CFA Society of Salt Lake.
Tyler Partridge
Start Date
Tenure
Tenure Rank
Jan 31, 2020
1.08
1.1%
Tyler Partridge is Principal and Portfolio Manager for Alta Capital Management (Alta), a member of Guardian Capital Group Limited. He joined Alta in 2015. His career in the financial services industry began in 2001 when he joined PricewaterhouseCoopers as an associate in transactions services. Directly prior to joining Alta, Tyler spent nine years at Atlanta Capital Management, as a Vice President and Principal covering the healthcare, transportation, and commercial services sectors for the growth equity team.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 53.19 | 7.73 | 1.16 |