LIMIX: Lateef Focused Sustainable Growth Fund - MutualFunds.com
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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$10.75

-

-

$0.00

0.85%

Vitals

YTD Return

22.3%

1 yr return

43.7%

3 Yr Avg Return

22.1%

5 Yr Avg Return

20.2%

Net Assets

$65.3 M

Holdings in Top 10

49.6%

52 WEEK LOW AND HIGH

$10.85
$8.10
$10.92

Expenses

OPERATING FEES

Expense Ratio 0.85%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 66.00%

Redemption Fee 2.00%


Min Investment

Standard (Taxable)

$100,000

IRA

$2,500


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Large Growth


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$10.75

-

-

$0.00

0.85%

LIMIX - Profile

Distributions

  • YTD Total Return 22.3%
  • 3 Yr Annualized Total Return 22.1%
  • 5 Yr Annualized Total Return 20.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.31%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Lateef Focused Sustainable Growth Fund
  • Fund Family Name
    Lateef
  • Inception Date
    Sep 06, 2007
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Quoc Tran

Fund Description

The fund normally invests in the common stocks of approximately 15 to 25 mid- and large-cap companies with market capitalizations greater than $2 billion that have, in the Adviser’s opinion, a sustainable competitive advantage. The Adviser uses an intensive fundamental due diligence research process to attempt to identify companies with owner-oriented management teams that, in the view of the Adviser, generate consistent and sustainable high returns on capital. It is non-diversified.


LIMIX - Performance

Return Ranking - Trailing

Period LIMIX Return Category Return Low Category Return High Rank in Category (%)
YTD 22.3% -88.6% 125.7% 8.73%
1 Yr 43.7% -9.0% 63.8% 1.88%
3 Yr 22.1%* 4.7% 46.3% 54.14%
5 Yr 20.2%* 11.1% 42.2% 73.10%
10 Yr 16.0%* 10.6% 25.9% 80.90%

* Annualized

Return Ranking - Calendar

Period LIMIX Return Category Return Low Category Return High Rank in Category (%)
2020 13.7% -67.0% 145.0% 87.92%
2019 22.1% -28.8% 76.0% 64.59%
2018 -27.2% -57.9% 10.6% 96.86%
2017 -4.7% -68.7% 64.3% 98.27%
2016 -19.6% -47.1% 53.3% 97.68%

Total Return Ranking - Trailing

Period LIMIX Return Category Return Low Category Return High Rank in Category (%)
YTD 22.3% -88.3% 125.7% 8.87%
1 Yr 43.7% -9.0% 63.8% 3.27%
3 Yr 22.1%* 3.4% 46.3% 47.25%
5 Yr 20.2%* 10.7% 42.2% 66.43%
10 Yr 16.0%* 10.6% 25.9% 79.26%

* Annualized

Total Return Ranking - Calendar

Period LIMIX Return Category Return Low Category Return High Rank in Category (%)
2020 13.7% -67.0% 145.0% 87.92%
2019 22.1% -28.8% 76.0% 64.77%
2018 -27.2% -57.9% 16.5% 98.12%
2017 21.1% -24.8% 64.3% 76.63%
2016 1.6% -43.3% 53.3% 54.44%

NAV & Total Return History


LIMIX - Holdings

Concentration Analysis

LIMIX Category Low Category High LIMIX % Rank
Net Assets 65.3 M 229 K 289 B 89.79%
Number of Holdings 27 2 3254 92.60%
Net Assets in Top 10 30.9 M -35.5 M 103 B 79.71%
Weighting of Top 10 49.61% 10.7% 100.0% 23.92%

Top 10 Holdings

  1. Danaher Corp 7.45%
  2. Alphabet Inc Class A 5.61%
  3. PTC Inc 5.41%
  4. Microsoft Corp 5.31%
  5. Ball Corp 5.24%
  6. Wells Fargo & Co 5.21%
  7. Aptiv PLC 5.19%
  8. Martin Marietta Materials Inc 5.11%
  9. PayPal Holdings Inc 5.02%
  10. Palo Alto Networks Inc 4.97%

Asset Allocation

Weighting Return Low Return High LIMIX % Rank
Stocks
99.28% 0.00% 140.21% 47.29%
Cash
0.72% -40.21% 64.36% 47.91%
Preferred Stocks
0.00% -0.01% 3.02% 27.28%
Other
0.00% -0.52% 18.57% 38.04%
Convertible Bonds
0.00% 0.00% 0.37% 22.41%
Bonds
0.00% -0.78% 99.83% 23.85%

Stock Sector Breakdown

Weighting Return Low Return High LIMIX % Rank
Technology
23.69% 0.00% 64.42% 84.64%
Healthcare
17.60% 0.00% 40.74% 13.92%
Financial Services
16.81% 0.00% 44.03% 8.23%
Consumer Cyclical
16.58% 0.00% 52.66% 37.17%
Communication Services
10.89% 0.00% 66.36% 75.38%
Industrials
7.56% 0.00% 39.00% 38.13%
Basic Materials
6.87% 0.00% 22.40% 3.09%
Utilities
0.00% 0.00% 7.82% 43.83%
Real Estate
0.00% 0.00% 27.24% 73.87%
Energy
0.00% 0.00% 13.60% 50.82%
Consumer Defense
0.00% 0.00% 23.31% 93.00%

Stock Geographic Breakdown

Weighting Return Low Return High LIMIX % Rank
US
99.28% 0.00% 138.69% 13.16%
Non US
0.00% 0.00% 85.93% 89.24%

LIMIX - Expenses

Operational Fees

LIMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.85% 0.01% 13.41% 48.31%
Management Fee 0.85% 0.00% 1.50% 91.03%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 1.02% N/A

Sales Fees

LIMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 8.50% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

LIMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 5.00% 9.84%

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.

LIMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 66.00% 0.00% 414.00% 74.70%

LIMIX - Distributions

Dividend Yield Analysis

LIMIX Category Low Category High LIMIX % Rank
Dividend Yield 0.00% 0.00% 5.52% 22.70%

Dividend Distribution Analysis

LIMIX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Semi-Annually Quarterly Quarterly

Net Income Ratio Analysis

LIMIX Category Low Category High LIMIX % Rank
Net Income Ratio -0.31% -56.00% 2.90% 60.79%

Capital Gain Distribution Analysis

LIMIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually

Dividend Payout History

View More +

LIMIX - Fund Manager Analysis

Managers

Quoc Tran


Start Date

Tenure

Tenure Rank

Sep 06, 2007

13.99

14.0%

Quoc Tran, MBA — Chief Investment Officer, Portfolio Manager and Managing Partner, joined Lateef Investment Management LP in 2005 and led a management buyout of the firm in 2017. In 2002, Quoc joined Wallace R. Weitz & Co. and held various positions in portfolio management and research. Prior to that, he spent five years at Goldman Sachs and Co. as an institutional sales professional, and left the company as Vice President and Director in the Equities Division. Mr. Tran is a member of the Board of Trustees of Bates College and serves on various committees, including the Bates College Investment Committee where he is Chair of Equities. Mr. Tran received a B.A. degree with high honors in Rhetoric from Bates College and his MBA in Finance and Competitive Strategy at the University of Chicago where he was also a Business Fellow.

Michael Im


Start Date

Tenure

Tenure Rank

Sep 01, 2020

1.0

1.0%

Michael Im, CFA, MBA, Vice President, Associate Portfolio Manager and Senior Research Analyst, joined Lateef in 2013. Prior to Lateef, Mike was an Analyst at Kiitos Capital Management and was an Equity Research Associate at Dodge & Cox. Mike received a B.S. degree, with high honors, in Business Administration from the University of California, Berkeley (Phi Beta Kappa) and an MBA, with honors, from the University of Chicago, Booth School of Business. Mike is a CFA Charterholder and a member of the CFA Society of San Francisco.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 53.7 7.52 1.67