Nasdaq - Delayed Quote USD

Independent Franchise Partners US Equity (IFPUX)

22.71 +0.07 (+0.31%)
At close: 8:01 PM EST

Fund Summary

The fund normally invests at least 80% of its assets (net assets plus borrowings for investment purposes) in equity securities of companies deriving a significant portion of their revenue from the U.S.; or with a primary listing on a U.S. stock exchange; or that have their principal place of business or operations in the U.S. It may invest up to 20% of the value of its net assets in non-U.S. equity securities, including equity securities in emerging markets. The fund is non-diversified.

Independent Franchise Partners US Equity

Columbus, OH 43214
4041 N. High Street, Suite 402
(614) 255-5550

Fund Overview

Category Large Blend
Fund Family Independent Franchise Partners
Net Assets 1.96B
YTD Return 19.15%
Yield 1.18%
Morningstar Rating
Inception Date Dec 20, 2011

Fund Operations

Last Dividend 0.27
Last Cap Gain 20.00
Holdings Turnover 21.75%
Average for Category --

Fees & Expenses

Expense IFPUX Category Average
Annual Report Expense Ratio (net) 0.65% 0.78%
Prospectus Net Expense Ratio 0.65% --
Prospectus Gross Expense Ratio 0.65% --
Max 12b1 Fee -- --
Max Front End Sales Load -- --
Max Deferred Sales Load -- --
3 Yr Expense Projection 0 --
5 Yr Expense Projection 0 --
10 Yr Expense Projection 0 --

Management Information

Prior to founding the Firm in June 2009, Jayson was Vice President and a portfolio manager/ research analyst for Global and American Franchise portfolios at Morgan Stanley Investment Management, which he joined in August 2003. Previously, Jayson worked at Goldman Sachs and Deloitte & Touche. Jayson received a BComm. and a post-graduate diploma in Accounting from the University of Natal. He is a CFA? Charterholder, a Qualified Chartered Accountant and a member of the South African Institute of Chartered Accountants (SAICA).

Morningstar Style Box

Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund. MORNING_STAR_STYLE_BOX

Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

Related Tickers