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

ClassTickerCusip
AJLGAX62827L377
IJLGIX62827L351

Returns

Total Returns for periods ending September 30, 2019

SHARE CLASS3Q 2019YTD1 Year5 Years10 YearsSince Inception
Class A
(without sales charge)
-3.49%13.86%-5.74%11.90%n/a13.90%
Class I
(without sales charge)
-3.45%14.05%-5.51%12.17%n/a14.18%
Class A
(with sales charge)
-9.06%7.31%-11.17%10.58%n/a13.04%
Russell 1000 Growth1.49%23.30%3.71%13.39%n/a15.78%
S&P 500 Total Return1.70%20.55%4.25%10.84%n/a14.12%
The Fund’s maximum sales charge for Class “A” shares is 5.75%. Performance Data represents past performance; current performance may be lower or higher than the performance data quoted above. Past performance is no guarantee of future results. For performance information current to the most recent month-end, please call 855-552-4596.



Top 10 Holdings

Data as of September 30, 2019

Security% of Portfolio
Microsoft Corp.5.9%
PayPal Holdings4.6%
Lululemon Athletica Inc4.4%
Applied Materials Inc4.3%
ServiceNow Inc3.9%
Amazon.com Inc3.8%
Estee Lauder Companies Inc Class A3.5%
Visa Inc. Class A3.5%
CoStar Group Inc3.5%
Adobe Inc3.3%
Portfolio holdings are subject to change.

Characteristics

Portfolio Characteristics as of September 30, 2019

 JAG Large Cap FundRussell 1000 Growth
Securities35531
P/E Ratio (forward) (median)27.9320.29
Forward EPS Growth (%) (median)25.40%8.31%
Forward EPS Revisions (%)0.21%-1.11%
Market Cap (billion$)153.109328.723
Sharpe Ratio (3yr)*0.841.05
Active Share 79.880
See disclosure for further explanation and benefits.
*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.


There is no assurance that the Fund’s investment objective will be achieved. Investing in mutual funds involve risks. Past performance does not guarantee future results. Investment return and principal value will fluctuate with changing market conditions so that when redeemed, shares may be worth more or less than their original cost. Investors should consider the Fund’s investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information about the JAG Large Cap Growth Fund can be found in the Fund’s prospectus. To receive a copy of the Fund’s current prospectus, or to obtain the most recent month-end performance information please call your financial advisor or the Fund, toll free at 855.552.4596 (855.5JAGLYN). It can also be downloaded from our website: www.jagcapitalfunds.com. Please read the prospectus carefully before investing. Shares of the JAG Large Cap Growth Fund are distributed by Northern Lights Distributors, LLC, member FINRA/SIPC which is not affiliated with JAG Capital Management LLC.
The Funds are not registered in all states. Investing in the Fund involves risk. Equity securities are more volatile and carry more risk than other forms of investments. The portfolio manager’s judgments about the attractiveness, value and potential appreciation of particular stocks, options, or other securities in which the Fund invests or sells short may provide to be incorrect and there is no guarantee that the portfolio manager’s judgment will produce the desired results. Overall stock market risks may also affect the value of the Fund. Factors such as domestic economic growth and market conditions, interest rate levels and political events affect individual securities and the securities markets generally. Because a relatively high percentage of a non-diversified Fund’s assets may be invested in the securities of a limited number of companies that could be in the same or related economic sectors, the Fund’s portfolio may be more susceptible to any single economic, technological or regulatory occurrence than the portfolio of a diversified fund.
4320-NLD-3/28/2018