Global IPO Plus Aftermarket
(IPOSX)
13.69
+0.11
+0.81%
+0.11
+0.81%
MORE ON IPOSX
DETAILS
| Symbol | Value ($) |
|---|---|
| Morningstar Rating | |
| Previous Close | 13.58 |
| Category | Mid-Cap Growth |
| Net Assets | 9.97 Mil |
| Yield | 0.00% |
| Morningstar Risk | Below Average |
| Morningstar Return | Low |
- Last NAV update 6/18/2013 11:30 PM ET
INVESTMENT OBJECTIVE
| NA |
|---|
| The investment seeks capital appreciation. The fund invests at least 80% of its net assets in a diversified portfolio of (i) the common stocks of domestic and foreign initial public offerings ("IPOs"), without limitation, ("IPOs") at the time of the offering and in aftermarket trading, and (ii) for the purpose of IPO arbitrage and hedging, securities issued by IPO-related entities, including a parent company spinning off an IPO. It may seek to arbitrage or hedge its IPO portfolio holdings exposure by using a number of investment techniques such as options, futures, indexes and short selling. |
CUMULATIVE PERFORMANCE OF $10,000
| 2009 | 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|---|
| Return | 16.01% | 12.84% | -22.68% | 9.11% | 25.60% |
| Value ($) | 11,600.81 | 13,090.17 | 10,121.58 | 11,043.57 | 13,870.32 |
- Year to date performance as of 6/18/2013 12:00 AM ET
MANAGEMENT & PURCHASE INFO
| Symbol | Value ($) |
|---|---|
| Fund Family | Renaissance Capital Greenwich Funds |
| Fund Manager | Linda Killian |
| Tenure (Years) | 15 |
| Fund Status | Open |
| Minimum Initial Purchase | 5,000.00 |
| Minimum IRA Investment | 2,500.00 |
| Front Load | 0.00 |
| Expense Ratio | 2.50% |
PERFORMANCE
| Symbol | Value ($) |
|---|---|
| 1 Month | 0.29% |
| 3 Months | 6.95% |
| 1 Year | 32.78% |
| 3 Years* | 6.83% |
| 5 Years* | 0.43% |
- * Annualized returns
- Performance as of 6/18/2013 12:00 AM ET
PEER COMPARISON
| IPOSX | Mid-Cap Growth | |
|---|---|---|
| 5-Yr Return | 0.43% | 5.64% |
| Sharpe Ratio | 0.40 | 2.75 |
| Net Assets | 9.97 Mil | 378.08 Mil |
| Avg Market Cap | 4.21 Bil | 7.09 Bil |
| Avg P/E | 19.85 | 19.00 |
| Portfolio Turnover | 128 | 67 |
HOLDINGS
| Symbol | Value ($) |
|---|---|
| Stocks | 94.35% |
| Cash | 5.65% |
| Fixed Income | 0.00% |
| Other | 0.00% |
TOP 10 HOLDINGS
| NAME | % NET ASSETS |
|---|---|
| LinkedIn Corp | 6.16% |
| Facebook Inc Class A | 4.63% |
| Zillow Inc | 4.13% |
| HCA Holdings Inc | 4.09% |
| SodaStream International Ltd. | 4.00% |
| Michael Kors Holdings Ltd | 3.72% |
| Delphi Automotive PLC | 3.58% |
| CVR Refining LP | 3.49% |
| First Republic Bank (San Francisco, CA) | 3.11% |
| Verisk Analytics, Inc. | 3.10% |
DATA PROVIDERS
Copyright © 2013 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
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