Jackson Square International Gr IS
Name
As of 08/09/2022Price
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
-29.2%
1 yr return
-34.7%
3 Yr Avg Return
4.4%
5 Yr Avg Return
7.5%
Net Assets
$6.72 M
Holdings in Top 10
44.0%
52 WEEK LOW AND HIGH
$15.9
$13.52
$38.05
Expenses
OPERATING FEES
Expense Ratio 0.99%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 80.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
$1,000,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 08/09/2022Price
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
JSSSX - Profile
Distributions
- YTD Total Return -29.2%
- 3 Yr Annualized Total Return 4.4%
- 5 Yr Annualized Total Return 7.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.66%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameJackson Square International Growth Fund
-
Fund Family NameJackson Square
-
Inception DateSep 19, 2016
-
Shares Outstanding432479
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerBrian Tolles
Fund Description
The Fund is non-diversified and invests primarily in common stocks of growth-oriented companies in the market capitalization range of the MSCI ACWI ex U.S. Index that the Adviser believes have long-term capital appreciation potential and may grow faster than the global economy. The Fund will typically hold a portfolio of 25-45 securities.
Using a bottom-up approach in selecting securities for the Fund, the Adviser seeks to select securities of companies that it believes are beneficiaries of fundamental change, have strong competitive positions, attractive unit economics capable of generating strong and consistent cash flows as the business scales, shareholder-aligned management teams and the opportunity to generate consistent, long-term growth of intrinsic value. The Adviser typically considers a company’s operational efficiency and management’s plans for capital allocation.Through the Adviser’s investment research process, it seeks to identify the companies that it believes will exceed the market’s expectations for: 1) key financial metrics, and 2) sustainable competitive advantage.The Adviser purchases these securities for the Fund when it believes the market has not already reflected these expectations in the current stock price.Additionally, the Adviser typically invests for a 3-5 year time horizon, allowing it to take advantage of discrepancies between short-term price movements and long-term fundamental prospects.From time to time, the Fund may focus its investments in securities of companies in the same economic sector, including the Information Technology sector.
The Fund will invest at least 80% of its net assets in securities of non-U.S. issuers, which may include American, European, Canadian and Global Depositary Receipts (“ADRs”, “EDRs”, “CDRs”, and “GDRs”, respectively). ADRs are receipts that represent interests in foreign securities held on deposit by U.S. banks. EDRs, CDRs and GDRs have the same qualities as ADRs except that they may be traded in several international trading markets. The Fund's investments in non-U.S. securities may also include investments in emerging markets and frontier markets securities.The Fund determines that a market is an emerging market if it is included in the MSCI Emerging Markets Index; the Fund determines that a market is a frontier market if it is included in the MSCI Frontier Markets Index.To the extent the Fund invests in securities denominated in a particular currency, it may invest in forward foreign currency exchange contracts to hedge currency risks associated with the investment.
In addition, the Fund may invest in real estate investment trusts (“REITs”).REITs are corporations or trusts that invest primarily in fee or leasehold ownership of real estate, mortgages or shares issued by other REITs, and that receive favorable tax treatment provided they meet certain conditions, including the requirement that they distribute at least 90% of their taxable income.
Holdings are typically sold to make room in the portfolio for more attractive stocks, or where the holding reaches the Adviser’s estimate for intrinsic value, or in response to an unexpected, negative fundamental change, including a change in management’s strategic direction.
JSSSX - Performance
Return Ranking - Trailing
| Period | JSSSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -29.2% | -37.8% | 15.1% | 92.44% |
| 1 Yr | -34.7% | -57.2% | 1.6% | 92.69% |
| 3 Yr | 4.4%* | -4.0% | 16.9% | 83.82% |
| 5 Yr | 7.5%* | -0.4% | 11.1% | 10.69% |
| 10 Yr | N/A* | 3.3% | 11.0% | N/A |
* Annualized
Return Ranking - Calendar
| Period | JSSSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -32.7% | -42.8% | 42.4% | 99.53% |
| 2022 | 45.1% | -4.9% | 85.0% | 7.39% |
| 2021 | 22.5% | -4.0% | 45.1% | 77.51% |
| 2020 | -12.8% | -32.2% | 68.4% | 20.40% |
| 2019 | 21.6% | -7.3% | 50.9% | 89.59% |
Total Return Ranking - Trailing
| Period | JSSSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -29.2% | -42.7% | 15.1% | 91.33% |
| 1 Yr | -34.7% | -57.2% | 1.6% | 92.69% |
| 3 Yr | 4.4%* | -4.0% | 16.9% | 81.16% |
| 5 Yr | 7.5%* | -0.8% | 11.1% | 10.18% |
| 10 Yr | N/A* | 2.7% | 11.0% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | JSSSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -32.7% | -42.8% | 42.4% | 99.53% |
| 2022 | 45.1% | -4.9% | 85.0% | 7.39% |
| 2021 | 22.5% | -4.0% | 45.1% | 77.78% |
| 2020 | -2.1% | -32.2% | 68.4% | 1.42% |
| 2019 | 21.8% | -7.3% | 53.4% | 96.53% |
NAV & Total Return History
JSSSX - Holdings
Concentration Analysis
| JSSSX | Category Low | Category High | JSSSX % Rank | |
|---|---|---|---|---|
| Net Assets | 6.72 M | 10 | 150 B | 94.71% |
| Number of Holdings | 33 | 5 | 516 | 94.51% |
| Net Assets in Top 10 | 3.08 M | 2.1 K | 33.4 B | 95.16% |
| Weighting of Top 10 | 43.99% | 10.3% | 99.1% | 19.56% |
Top 10 Holdings
- Microsoft Corp 8.22%
- Lonza Group Ltd 5.33%
- Lonza Group Ltd 5.33%
- Lonza Group Ltd 5.33%
- Lonza Group Ltd 5.33%
- Lonza Group Ltd 5.33%
- Lonza Group Ltd 5.33%
- Lonza Group Ltd 5.33%
- Lonza Group Ltd 5.33%
- Lonza Group Ltd 5.33%
Asset Allocation
| Weighting | Return Low | Return High | JSSSX % Rank | |
|---|---|---|---|---|
| Stocks | 98.29% | 88.72% | 101.51% | 33.33% |
| Cash | 1.71% | -1.51% | 11.28% | 65.05% |
| Preferred Stocks | 0.00% | 0.00% | 0.40% | 37.80% |
| Other | 0.00% | -0.02% | 9.92% | 46.81% |
| Convertible Bonds | 0.00% | 0.00% | 2.45% | 30.33% |
| Bonds | 0.00% | 0.00% | 0.11% | 32.46% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | JSSSX % Rank | |
|---|---|---|---|---|
| Industrials | 30.80% | 0.68% | 31.28% | 1.32% |
| Technology | 21.95% | 1.51% | 38.96% | 23.08% |
| Consumer Cyclical | 20.29% | 0.00% | 70.95% | 12.31% |
| Healthcare | 13.28% | 1.36% | 29.58% | 66.15% |
| Consumer Defense | 5.72% | 0.00% | 28.66% | 75.82% |
| Communication Services | 4.29% | 0.00% | 41.13% | 49.23% |
| Financial Services | 3.67% | 0.00% | 38.62% | 94.95% |
| Utilities | 0.00% | 0.00% | 19.97% | 61.76% |
| Real Estate | 0.00% | 0.00% | 10.92% | 65.49% |
| Energy | 0.00% | 0.00% | 24.97% | 73.63% |
| Basic Materials | 0.00% | 0.00% | 23.15% | 94.07% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | JSSSX % Rank | |
|---|---|---|---|---|
| Non US | 80.35% | 70.50% | 101.51% | 90.33% |
| US | 17.94% | 0.00% | 25.68% | 5.71% |
JSSSX - Expenses
Operational Fees
| JSSSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.99% | 0.01% | 2.91% | 46.81% |
| Management Fee | 0.80% | 0.00% | 1.50% | 63.88% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 3.77% |
| Administrative Fee | N/A | 0.03% | 0.80% | N/A |
Sales Fees
| JSSSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| JSSSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 2.00% | 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.
| JSSSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 80.00% | 7.00% | 149.00% | 88.66% |
JSSSX - Distributions
Dividend Yield Analysis
| JSSSX | Category Low | Category High | JSSSX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 5.08% | 39.96% |
Dividend Distribution Analysis
| JSSSX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Quarterly | Quarterly |
Net Income Ratio Analysis
| JSSSX | Category Low | Category High | JSSSX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.66% | -1.69% | 3.16% | 90.79% |
Capital Gain Distribution Analysis
| JSSSX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 18, 2019 | $0.916 | OrdinaryDividend |
| Dec 27, 2018 | $0.005 | OrdinaryDividend |
| Dec 28, 2016 | $0.007 | OrdinaryDividend |
JSSSX - Fund Manager Analysis
Managers
Brian Tolles
Start Date
Tenure
Tenure Rank
Jan 07, 2019
3.4
3.4%
Brian Tolles joined Jackson Square in February 2016. Prior to joining Jackson Square, he was an investment banking analyst at Qatalyst Partners from June 2014 to January 2016, focusing on technology companies. He received a bachelor’s degree from the Wharton School of the University of Pennsylvania.
Greg Chory
Start Date
Tenure
Tenure Rank
Jan 07, 2019
3.4
3.4%
Gregory L. Chory joined Jackson Square in September 2014. Prior to joining Jackson Square, he was an associate from July 2011 to August 2014 at Technology Crossover Ventures, a venture capital firm, focusing on the software and services industries. Before that, Mr. Chory spent three years as an investment banking analyst for BMO Capital Markets in the business services and media group. He received a bachelor’s degree from Emory University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 26.94 | 7.34 | 2.4 |