Fact Sheet
Who is the Portfolio Manager?
Justin White
The fund comprises many sectors, name the top three.
Information Technology, Consumer Discretionary, Health Care
Spelled out in Spanish, what is the ticker symbol of the fund?
Pe, Ere, Doble-ve, A, Equis
(PRWAX)
Which company won the race to build the first electric pickup truck but unfortunately, was the largest relative detractor at -162bps?
Rivian Automotive Inc.
Which equity investment style(s) can this fund invest in?
Both Growth and Value
What is the inception date of the fund?
September 30, 1985
Relative to the fund's benchmark index, are we underweight or overweight Microsoft?
Overweight
Did the fund underperform or overperform its benchmark index during the three-month period ended March 31, 2022?
Underperform
Which company, who in the 90s used the jingle below, was one of the top 5 relative detractors (vs. the fund's index)?
"Do you love it, I love it, I got it at ____."
Ross Stores, Inc.
As recently as December 31, 2021, just the top five companies in the Russell 1000 Growth Index made up what percentage of the assets in the index?
38%
In what year did Justin White start managing the fund?
2016
Does the fund invest in Real Estate?
No
Which sector detracted the most from relative returns due to stock selection?
Consumer Discretionary
Which sector contributed the most to relative performance due to security selection?
Health Care
Justin seeks opportunities in undervalued companies across all market capitalizations and styles but currently which market capitalization does the fund skew more towards?
Large-Cap Growth
*Because of this, the fund will be measured against MStar Large Growth category but we benchmark it against the Russell 3000 Index - a core index.
What is the expense ratio?
0.77%
Which sector is the fund most overweight relative to its benchmark?
Consumer Discretionary
Of the 3-, 5-, 10- and 15-year time periods, how many times has the fund outperformed its benchmark?
Our total value added was lower than the benchmark this quarter. Was this mostly due to stock selection or group weight?
Group Weight
Which Morningstar 2021 award has Justin White been nominated for?
Investing Excellence - Rising Talent award.
("This nomination is in recognition of the independent thinking and stock-picking abilities that have driven the fund's strong performance for the last three years.")
What was the All-Cap Opportunities Fund formally known as prior to its name change?
New America Growth Fund (NAG)
Prior to changing to the Russell 3000 index, which index did the fund previously use as a benchmark?
Russell 1000 Growth Index
Which two companies are listed under both the Top 5 Relative Detractors (vs. its index) as well as the Top 10 Issuers lists?
Rivian Automotive Inc. and Amazon.com
Within our exposure in the energy sector, which company did we initiate a material overweight position, which we think will benefit from significant liquid natural gas capital expenditures as Europe seeks energy independence from Russia?
Baker Hughes
Since manager inception on April 1, 2016, how much excess return has the fund generated in all share classes relative to its benchmark?
750bps