3 / 5 Stars
2 2 5 3 3
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#165 in Large Growth
U.S. News evaluated 463 Large Growth Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 23.62 percent over the past year, 15.61 percent over the past three years, and 15.17 percent over the past five years.
|Trailing Returns||Updated 10.31.2013|
|Year to date||20.0%|
|3 Years (Annualized)||15.6%|
|5 Years (Annualized)||15.2%|
|10 Years (Annualized)||N/A|
The investment seeks to provide principal preservation and long-term capital appreciation. The fund normally invests in the common stocks of approximately 15 to 25 mid- and large-cap companies (market capitalizations greater than $2 billion) with, 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.
Fees are Average compared to funds in the same category.
Lateef Fund has an expense ratio of 1.24 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.