Wedgewood Institutional
- RWGIX
- Price as of: Jan 25, 2021
-
$4.95
N/A N/A
- Primary Theme
- U.S. Large-Cap Growth Equity
- Fund Company
- RiverPark Funds
- Share Class
RWGIX - Snapshot
Vitals
- YTD Return 2.1%
- 3 Yr Annualized Return 18.5%
- 5 Yr Annualized Return 15.8%
- Net Assets $40.8 M
- Holdings in Top 10 65.9%
52 WEEK LOW AND HIGH
$4.95
$4.67
$9.05
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.86%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 75.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $50,000
- IRA N/A
Fund Classification
-
Primary Theme
U.S. Large-Cap Growth Equity
- Fund Type Open End Mutual Fund
- Investment Style Large Growth
RWGIX - Profile
Distributions
- YTD Total Return 2.1%
- 3 Yr Annualized Total Return 18.5%
- 5 Yr Annualized Total Return 15.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.23%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameWedgewood Fund
-
Fund Family NameRiverPark Funds
-
Inception DateSep 30, 2010
-
Shares Outstanding6370132
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerDavid Rolfe
Fund Description
The fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of large capitalization companies that the sub-adviser believes have above-average growth prospects. It invests primarily in common stocks. The adviser considers companies with market capitalizations in excess of $5 billion to be large capitalization companies. The fund is non-diversified.
RWGIX - Performance
Return Ranking - Trailing
| Period | RWGIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.1% | -2.4% | 18.1% | 70.07% |
| 1 Yr | 31.4% | -9.0% | 145.0% | 60.19% |
| 3 Yr | 18.5%* | -6.6% | 51.8% | 65.52% |
| 5 Yr | 15.8%* | -6.8% | 39.6% | 76.99% |
| 10 Yr | 13.5%* | 6.9% | 23.9% | 79.04% |
* Annualized
Return Ranking - Calendar
| Period | RWGIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | -31.5% | -67.0% | 145.0% | 99.77% |
| 2019 | -5.7% | -28.8% | 76.0% | 98.72% |
| 2018 | -57.3% | -64.5% | 19.1% | 99.83% |
| 2017 | 2.7% | -68.7% | 64.3% | 95.37% |
| 2016 | 4.4% | -56.6% | 15.3% | 24.18% |
Total Return Ranking - Trailing
| Period | RWGIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.1% | -2.4% | 18.1% | 70.14% |
| 1 Yr | 31.4% | -9.0% | 145.0% | 56.21% |
| 3 Yr | 18.5%* | -8.4% | 51.8% | 63.02% |
| 5 Yr | 15.8%* | -7.9% | 39.6% | 75.41% |
| 10 Yr | 13.5%* | 6.9% | 23.9% | 78.27% |
* Annualized
Total Return Ranking - Calendar
| Period | RWGIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | -31.5% | -67.0% | 145.0% | 99.77% |
| 2019 | -5.7% | -28.8% | 76.0% | 98.72% |
| 2018 | -57.3% | -64.5% | 29.5% | 99.83% |
| 2017 | 2.7% | -24.8% | 64.3% | 98.84% |
| 2016 | 4.4% | -56.6% | 17.1% | 37.16% |
NAV & Total Return History
RWGIX - Holdings
Concentration Analysis
| RWGIX | Category Low | Category High | RWGIX % Rank | |
|---|---|---|---|---|
| Net Assets | 40.8 M | 10.3 K | 256 B | 91.61% |
| Number of Holdings | 21 | 1 | 2373 | 96.81% |
| Net Assets in Top 10 | 26.9 M | 378 K | 96.2 B | 89.76% |
| Weighting of Top 10 | 65.86% | 10.8% | 100.0% | 1.66% |
Top 10 Holdings
- Alphabet Inc A 8.01%
- Edwards Lifesciences Corp 7.92%
- Facebook Inc A 7.65%
- Apple Inc 7.53%
- PayPal Holdings Inc 7.35%
- Visa Inc Class A 6.26%
- Motorola Solutions Inc 6.15%
- Tractor Supply Co 5.03%
- Electronic Arts Inc 5.01%
- Keysight Technologies Inc 5.01%
Asset Allocation
| Weighting | Return Low | Return High | RWGIX % Rank | |
|---|---|---|---|---|
| Stocks | 99.39% | 51.75% | 123.35% | 36.22% |
| Cash | 0.61% | -23.35% | 48.25% | 58.61% |
| Preferred Stocks | 0.00% | 0.00% | 2.61% | 21.59% |
| Other | 0.00% | -5.20% | 20.97% | 27.82% |
| Convertible Bonds | 0.00% | 0.00% | 7.90% | 13.87% |
| Bonds | 0.00% | -0.73% | 20.94% | 18.33% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | RWGIX % Rank | |
|---|---|---|---|---|
| Technology | 28.47% | 0.00% | 88.51% | 67.88% |
| Financial Services | 21.53% | 0.00% | 41.22% | 3.26% |
| Communication Services | 20.61% | 0.00% | 68.14% | 7.05% |
| Healthcare | 14.88% | 0.00% | 61.09% | 31.97% |
| Consumer Cyclical | 9.71% | 0.00% | 37.58% | 92.51% |
| Industrials | 4.80% | 0.00% | 29.82% | 56.82% |
| Utilities | 0.00% | 0.00% | 11.81% | 41.47% |
| Real Estate | 0.00% | 0.00% | 22.68% | 77.82% |
| Energy | 0.00% | 0.00% | 8.49% | 42.51% |
| Consumer Defense | 0.00% | 0.00% | 19.49% | 89.61% |
| Basic Materials | 0.00% | 0.00% | 19.40% | 75.45% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | RWGIX % Rank | |
|---|---|---|---|---|
| US | 96.61% | 11.31% | 121.24% | 32.12% |
| Non US | 2.78% | 0.00% | 80.40% | 62.39% |
RWGIX - Expenses
Operational Fees
| RWGIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.86% | 0.01% | 23.28% | 62.20% |
| Management Fee | 0.65% | 0.00% | 1.50% | 53.04% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.13% | 0.01% | 1.02% | 63.44% |
Sales Fees
| RWGIX 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
| RWGIX 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.
| RWGIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 75.00% | 0.00% | 358.00% | 77.52% |
RWGIX - Distributions
Dividend Yield Analysis
| RWGIX | Category Low | Category High | RWGIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 5.91% | 15.14% |
Dividend Distribution Analysis
| RWGIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| RWGIX | Category Low | Category High | RWGIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.23% | -56.00% | 1.99% | 64.08% |
Capital Gain Distribution Analysis
| RWGIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Dec 18, 2017 | $2.931 |
| Dec 30, 2016 | $0.029 |
| Dec 31, 2015 | $0.085 |
| Dec 31, 2014 | $0.009 |
| Dec 31, 2010 | $0.017 |
RWGIX - Fund Manager Analysis
Managers
David Rolfe
Start Date
Tenure
Tenure Rank
Sep 30, 2010
10.26
10.3%
David A. Rolfe, CFA, is the portfolio manager of RiverPark/Wedgewood. Mr. Rolfe is the Chief Investment Officer of Wedgewood. He has been responsible for Wedgewood’s strategy since its inception in 1992. Prior to that, he was an Investment Officer at Boatmen’s Trust Company in St. Louis. He holds a BSBA in Finance from the University of Missouri 1985.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 53.03 | 7.61 | 1.0 |