Chase Growth Fund
Fund
CHAIX
Price as of:
$12.40
- $0.00
- 0.00%
Primary Theme
fund company
Name
As of 09/29/2023Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
10.8%
1 yr return
15.9%
3 Yr Avg Return
14.1%
5 Yr Avg Return
10.9%
Net Assets
$67.4 M
Holdings in Top 10
39.3%
52 WEEK LOW AND HIGH
$12.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.17%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 94.19%
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$500,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 09/29/2023Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
CHAIX - Profile
Distributions
- YTD Total Return 10.8%
- 3 Yr Annualized Total Return 14.1%
- 5 Yr Annualized Total Return 10.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.09%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameChase Growth Fund
-
Fund Family NameChase
-
Inception DateDec 02, 1997
-
Shares Outstanding2587224
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerPeter Tuz
Fund Description
Under normal market conditions, the Fund invests primarily in common stocks of domestic companies of any size market capitalization. Stocks that the Adviser purchases for the Fund typically have earnings growth in excess of 10% per year on a historical basis, have demonstrated consistency of earnings growth over time and are believed by the Adviser to be of higher quality than other company stocks. The Fund may regularly have significant exposure to one or more economic sectors of the market. For example, as of September 30, 2022, 23.6% of the Fund’s total investments were invested in securities within the technology sector. In addition, the Fund may invest a portion of its assets in non-U.S. issuers that are either publicly traded in the U.S. or through the use of depositary receipts, such as American Depositary Receipts (“ADRs”). The Fund may also use money market funds or exchange-traded funds (“ETFs”) for its cash position.
In buying and selling portfolio securities, the Adviser first screens companies for 10% or greater earnings growth over the last five years, consistency of earnings, and liquidity. The Adviser then applies a proprietary filter to find stocks with certain characteristics such as earnings momentum and relative price performance, as well as a number of other fundamental and technical factors. The Adviser then conducts traditional fundamental security analysis to identify the key drivers of growth for each candidate, assess the risks to the company, and determine the most attractive buys for the Fund. The Adviser continuously reviews prices and adjusts its price targets in response to changes in stock characteristics. The existence of alternative securities that the Adviser considers to be more attractive is an added consideration in deciding whether to sell portfolio securities.
The Adviser expects that the Fund’s investment strategy may result in a portfolio turnover rate in excess of 100% on an annual basis.
CHAIX - Performance
Return Ranking - Trailing
| Period | CHAIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 10.8% | -72.2% | 44.2% | 87.24% |
| 1 Yr | 15.9% | -85.9% | 53.2% | 90.58% |
| 3 Yr | 14.1%* | -50.5% | 11.5% | 17.97% |
| 5 Yr | 10.9%* | -33.6% | 19.6% | 64.81% |
| 10 Yr | 12.6%* | -16.2% | 17.8% | 63.11% |
* Annualized
Return Ranking - Calendar
| Period | CHAIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2022 | -24.0% | -85.9% | 4.7% | 10.92% |
| 2021 | 2.8% | -68.3% | 60.5% | 67.55% |
| 2020 | 10.1% | -34.3% | 145.0% | 94.82% |
| 2019 | 13.2% | -21.8% | 49.4% | 91.92% |
| 2018 | -14.0% | -57.9% | 10.6% | 67.57% |
Total Return Ranking - Trailing
| Period | CHAIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 10.8% | -72.2% | 44.2% | 87.24% |
| 1 Yr | 15.9% | -73.8% | 56.7% | 90.58% |
| 3 Yr | 14.1%* | -36.2% | 25.6% | 17.97% |
| 5 Yr | 10.9%* | -20.0% | 23.1% | 64.81% |
| 10 Yr | 12.6%* | -3.0% | 19.6% | 63.11% |
* Annualized
Total Return Ranking - Calendar
| Period | CHAIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2022 | -20.3% | -66.1% | 5.6% | 16.34% |
| 2021 | 41.5% | -68.3% | 118.1% | 15.15% |
| 2020 | 26.6% | 2.8% | 151.8% | 86.33% |
| 2019 | 25.8% | -5.2% | 49.4% | 95.39% |
| 2018 | -3.9% | -21.9% | 17.0% | 70.09% |
NAV & Total Return History
CHAIX - Holdings
Concentration Analysis
| CHAIX | Category Low | Category High | CHAIX % Rank | |
|---|---|---|---|---|
| Net Assets | 67.4 M | 207 K | 139 B | 88.99% |
| Number of Holdings | 43 | 2 | 3509 | 75.12% |
| Net Assets in Top 10 | 26.1 M | -1.37 M | 104 B | 90.92% |
| Weighting of Top 10 | 39.29% | 11.4% | 100.0% | 82.12% |
Top 10 Holdings
- NVIDIA Corp 6.15%
- Microsoft Corp 5.41%
- WW Grainger Inc 4.11%
- Apple Inc 4.01%
- Visa Inc 3.83%
- Invesco Treasury Portfolio 3.52%
- Amazon.com Inc 3.15%
- Salesforce Inc 3.11%
- Alphabet Inc 3.06%
- America Movil SAB de CV 2.96%
Asset Allocation
| Weighting | Return Low | Return High | CHAIX % Rank | |
|---|---|---|---|---|
| Stocks | 96.58% | 50.26% | 104.50% | 82.82% |
| Cash | 3.52% | -10.83% | 49.73% | 17.76% |
| Preferred Stocks | 0.00% | 0.00% | 4.41% | 36.66% |
| Other | 0.00% | -2.66% | 17.15% | 43.94% |
| Convertible Bonds | 0.00% | 0.00% | 1.94% | 26.23% |
| Bonds | 0.00% | -1.84% | 25.77% | 30.28% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | CHAIX % Rank | |
|---|---|---|---|---|
| Technology | 21.21% | 0.00% | 65.70% | 92.79% |
| Industrials | 18.73% | 0.00% | 30.65% | 2.38% |
| Healthcare | 15.42% | 0.00% | 39.76% | 25.33% |
| Financial Services | 13.60% | 0.00% | 43.06% | 18.20% |
| Consumer Cyclical | 7.98% | 0.00% | 62.57% | 92.54% |
| Energy | 7.93% | 0.00% | 41.09% | 4.51% |
| Communication Services | 4.62% | 0.00% | 66.40% | 90.82% |
| Basic Materials | 4.56% | 0.00% | 18.91% | 9.59% |
| Consumer Defense | 4.39% | 0.00% | 25.50% | 40.49% |
| Real Estate | 1.56% | 0.00% | 16.05% | 39.59% |
| Utilities | 0.00% | 0.00% | 16.07% | 46.89% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | CHAIX % Rank | |
|---|---|---|---|---|
| US | 96.58% | 34.69% | 100.00% | 67.02% |
| Non US | 0.00% | 0.00% | 54.22% | 49.75% |
CHAIX - Expenses
Operational Fees
| CHAIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.17% | 0.01% | 20.29% | 33.61% |
| Management Fee | 0.75% | 0.00% | 1.50% | 78.06% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | 3.83% |
| Administrative Fee | N/A | 0.00% | 1.02% | N/A |
Sales Fees
| CHAIX 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% | 5.00% | N/A |
Trading Fees
| CHAIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | 2.00% | 1.00% | 2.00% | 12.24% |
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.
| CHAIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 94.19% | 0.00% | 316.74% | 88.80% |
CHAIX - Distributions
Dividend Yield Analysis
| CHAIX | Category Low | Category High | CHAIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 5.52% | 32.63% |
Dividend Distribution Analysis
| CHAIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| CHAIX | Category Low | Category High | CHAIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.09% | -6.13% | 1.75% | 31.97% |
Capital Gain Distribution Analysis
| CHAIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 17, 2012 | $0.067 | OrdinaryDividend |
| Dec 18, 2008 | $0.081 | OrdinaryDividend |
| Dec 20, 2007 | $0.089 | OrdinaryDividend |
CHAIX - Fund Manager Analysis
Managers
Peter Tuz
Start Date
Tenure
Tenure Rank
Jan 28, 2011
11.35
11.4%
Mr. Tuz earned his BA from Ripon College, an MA from the University of Missouri, and an MBA from Tulane University. Peter is a CFA charter holder and a CFP® professional. Before joining us in 1997 he had 10 years experience as a senior analyst and officer with two NYSE member firms. He is a trustee for Ripon College and a member of its investment committee and is a member of the Board of Governors of the Investment Adviser's Association. Peter is a member of CFA Virginia, CFA Society of Washington, D.C., the Washington Association of Money Managers and serves on the Investment Company Institute's small funds committee. He has been an occasional guest on CNBC and The Street and served on the board of the ICFA Virginia. He has been quoted in Barron's, the Wall Street Journal, the New York Times and other publications.
Robert Klintworth
Start Date
Tenure
Tenure Rank
Jan 28, 2012
10.35
10.4%
Mr. Klintworth received his BS in Mathematics from Westmont College. Buck serves as a portfolio manager and technical analyst. Buck is a CMT® charter holder. Prior to joining us in 2004, he worked primarily in accounting. He has been quoted in Barron’s.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 54.45 | 8.16 | 2.92 |