3.58 Down -0.08 -2.19%
DETAILS
Symbol Value ($)
Morningstar Rating
Previous Close 3.66
Category Miscellaneous Sector
Net Assets 626,537.00
Yield 8.19%
Morningstar Risk High
Morningstar Return Low
  • Last NAV update 7/31/2014 4:00 PM ET
INVESTMENT OBJECTIVE
NA
The investment seeks to achieve long-term capital appreciation. The fund intends to achieve its investment objective by investing, under normal circumstances, at least 80% of its total assets in equity securities of publicly listed companies that are primarily engaged in private equity. It invests in publicly listed financial institutions and investment vehicles whose primary business is private equity investing. The fund will invest primarily in private equity related companies of all capitalizations traded on stock exchanges in the United States and on foreign stock exchanges. It is non-diversified.
CUMULATIVE PERFORMANCE OF $10,000
  2010 2011 2012 2013 2014
Return 15.83% -28.01% 9.12% 25.91% -7.49%
Value ($) 11,583.05 8,338.68 9,098.75 11,456.23 10,597.75
  • Year to date performance as of 7/31/2014 12:00 AM ET
MANAGEMENT & PURCHASE INFO
Symbol Value ($)
Fund Family VRM Funds
Fund Manager Luke Aucoin
Tenure (Years) 7
Fund Status Open
Minimum Initial Purchase 2,500.00
Minimum IRA Investment 2,500.00
Front Load 0.00
Expense Ratio 2.99%
PERFORMANCE
Symbol Value ($)
1 Month -4.02%
3 Months -1.92%
1 Year -0.34%
3 Years* -1.24%
5 Years* 2.70%
  • * Annualized returns
  • Performance as of 7/31/2014 12:00 AM ET
PEER COMPARISON
  LPECX Miscellaneous Sector
5-Yr Return 2.70% 11.82%
Sharpe Ratio 0.02 1.92
Net Assets 626,537.00 57.10 Mil
Avg Market Cap 2.63 Bil 6.48 Bil
Avg P/E 12.25 17.29
Portfolio Turnover 658 267
HOLDINGS
Symbol Value ($)
Stocks 52.78%
Cash 17.69%
Fixed Income 0.17%
Other 29.68%
DATA PROVIDERS

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