JAG Large Cap Growth Fund
About the Fund
JAG’s Large Cap Growth Fund is designed for investors seeking long-term capital appreciation. The fund invests primarily in common stocks of U.S. companies with large market capitalizations that JAG believes possess strong earnings and revenue growth potential. The portfolio typically consists of 30-40 securities, and the portfolio performance benchmark is the Russell 1000 Growth Index.
Strategy Overview
- Best ideas portfolio with large cap growth style consistency
- Research-driven, contrarian insights lead to a differentiated perspective of risk and reward potential
- High active share portfolio vs. Russell 1000 Growth Index
- A disciplined and repeatable process
- Experienced, entrepreneurial PM team
- Highly-competitive track record
- Strategy offered in SMA, UMA and Mutual Fund vehicles
Symbols
| Class | Ticker | Cusip |
|---|---|---|
| A | JLGAX | 62827L377 |
| I | JLGIX | 62827L351 |
Returns
Total Returns for periods ending September 30, 2019
| SHARE CLASS | 3Q 2019 | YTD | 1 Year | 5 Years | 10 Years | Since Inception |
|---|---|---|---|---|---|---|
| Class A (without sales charge) | -3.49% | 13.86% | -5.74% | 11.90% | n/a | 13.90% |
| Class I (without sales charge) | -3.45% | 14.05% | -5.51% | 12.17% | n/a | 14.18% |
| Class A (with sales charge) | -9.06% | 7.31% | -11.17% | 10.58% | n/a | 13.04% |
| Russell 1000 Growth | 1.49% | 23.30% | 3.71% | 13.39% | n/a | 15.78% |
| S&P 500 Total Return | 1.70% | 20.55% | 4.25% | 10.84% | n/a | 14.12% |
Top 10 Holdings
Data as of September 30, 2019
| Security | % of Portfolio |
|---|---|
| Microsoft Corp. | 5.9% |
| PayPal Holdings | 4.6% |
| Lululemon Athletica Inc | 4.4% |
| Applied Materials Inc | 4.3% |
| ServiceNow Inc | 3.9% |
| Amazon.com Inc | 3.8% |
| Estee Lauder Companies Inc Class A | 3.5% |
| Visa Inc. Class A | 3.5% |
| CoStar Group Inc | 3.5% |
| Adobe Inc | 3.3% |
Characteristics
Portfolio Characteristics as of September 30, 2019
| JAG Large Cap Fund | Russell 1000 Growth | |
|---|---|---|
| Securities | 35 | 531 |
| P/E Ratio (forward) (median) | 27.93 | 20.29 |
| Forward EPS Growth (%) (median) | 25.40% | 8.31% |
| Forward EPS Revisions (%) | 0.21% | -1.11% |
| Market Cap (billion$) | 153.109 | 328.723 |
| Sharpe Ratio (3yr) | *0.84 | 1.05 |
| Active Share | 79.88 | 0 |
*Source: Morningstar
Minimum Investment
Initial investment: $2,500
($250,000 for Class I Shares)
Automatic Investment Plan: $100
Subsequent Investment Plan: $50
Maximum Sales Charge
For Class A Shares: 5.75%
For Class I Shares: None
Maximum Deferred Sales Charge
None except Class A share purchases > $1 million at NAV (see pg 43 in Statement of Additional Info)
Distribution Frequency
Dividends and taxable capital gains are automatically reinvested in the fund unless you request cash distributions on your application or through a written request to the fund.
Inception Date
December 22, 2011
See Fact Sheet for additional definitions and disclosures.
