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Trending ETFs

Jackson Square Large-Cap Growth Fund

mutual fund
JSPIX
Payout Change
Suspended
Price as of:
$25.55 -0.23 -0.89%
primary theme
U.S. Large-Cap Growth Equity
share class
Instl (JSPIX) I (DPLGX) Investor (JSPJX)
JSPIX (Mutual Fund)

Jackson Square Large-Cap Growth Fund

Payout Change
Suspended
Price as of:
$25.55 -0.23 -0.89%
primary theme
U.S. Large-Cap Growth Equity
share class
Instl (JSPIX) I (DPLGX) Investor (JSPJX)
JSPIX (Mutual Fund)

Jackson Square Large-Cap Growth Fund

Payout Change
Suspended
Price as of:
$25.55 -0.23 -0.89%
primary theme
U.S. Large-Cap Growth Equity
share class
Instl (JSPIX) I (DPLGX) Investor (JSPJX)

Name

As of 12/13/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Jackson Square Large-Cap Growth Fund

JSPIX | Fund

$25.55

$205 M

0.00%

0.85%

Vitals

YTD Return

25.6%

1 yr return

27.4%

3 Yr Avg Return

5.9%

5 Yr Avg Return

29.8%

Net Assets

$205 M

Holdings in Top 10

60.6%

52 WEEK LOW AND HIGH

$25.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.85%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 28.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/13/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Jackson Square Large-Cap Growth Fund

JSPIX | Fund

$25.55

$205 M

0.00%

0.85%

JSPIX - Profile

Distributions

  • YTD Total Return 25.6%
  • 3 Yr Annualized Total Return 5.9%
  • 5 Yr Annualized Total Return 29.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.52%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Jackson Square Large-Cap Growth Fund
  • Fund Family Name
    Jackson Square
  • Inception Date
    Sep 19, 2016
  • Shares Outstanding
    8774707
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jeffrey Van Harte

Fund Description

The Fund is non-diversified and invests primarily in common stocks of growth-oriented, U.S. companies that the Adviser believes have capital appreciation potential and may grow faster than the U.S. economy. Under normal circumstances, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in securities issued by large-capitalization companies, which the Adviser defines as companies having a market capitalization, at the time of purchase, within the range of the market capitalization of companies constituting the Russell 1000® Growth Index. As of December 31, 2023, the capitalization range of the Russell 1000® Growth Index was between approximately $978 million and $3 trillion. This investment policy can be changed by the Fund upon 60 days’ prior written notice to shareholders. While the market capitalization range for the Russell 1000® Growth Index will change on a periodic basis, the Fund will normally invest in common stocks of companies with market capitalizations of at least $3 billion at the time of purchase. The Fund tends to hold a relatively focused portfolio of between 25 and 35 companies, although from time to time the Fund may hold fewer or more companies depending on the Adviser’s assessment of the investment opportunities available.From time to time, the Fund may focus its investments in securities of companies in the same economic sector, including the Information Technology sector.
Using a bottom-up approach in selecting securities for the Fund, the Adviser seeks to select securities of companies that it believes are beneficiaries of fundamental change, have strong competitive positions, attractive unit economics capable of generating strong and consistent cash flows as the business scales, shareholder-aligned management teams and the opportunity to generate consistent, long-term growth of intrinsic value. The Adviser typically considers a company’s operational efficiency and management’s plans for capital allocation. Through the Adviser’s investment research process, it seeks to identify the companies that it believes will exceed the market’s expectations for: 1) key financial metrics and 2) sustainable competitive advantage. The Adviser purchases these securities for the Fund when it believes the market has not already reflected these expectations in the current stock price. Additionally, the Adviser typically invests for a 3-5 year time horizon, allowing it to take advantage of discrepancies between short-term price movements and long-term fundamental prospects.
The Fund may invest up to 20% of its net assets in securities of foreign issuers, which may include global depositary receipts (“GDRs”) and, without limitation, sponsored and unsponsored American depositary receipts (“ADRs”) that are actively traded in the United States, including issuers located or operating in emerging markets and frontier markets. The Fund determines that a market is an emerging market if it is included in the MSCI Emerging Markets Index; the Fund determines that a market is a frontier market if it is included in the MSCI Frontier Markets Index. To the extent the Fund invests in securities denominated in a particular currency, it may invest in forward foreign currency exchange contracts to hedge currency risks associated with the investment.
In addition, the Fund may invest in real estate investment trusts (“REITs”). REITs are corporations or trusts that invest primarily in fee or leasehold ownership of real estate, mortgages or shares issued by other REITs, and that receive favorable tax treatment provided they meet certain conditions, including the requirement that they distribute at least 90% of their taxable income.
Holdings are typically sold to make room in the portfolio for more attractive stocks, or where the holding reaches the Adviser’s estimate for its intrinsic value, or in response to an unexpected, negative fundamental change, including a change in management’s strategic direction.
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JSPIX - Performance

Return Ranking - Trailing

Period JSPIX Return Category Return Low Category Return High Rank in Category (%)
YTD 25.6% -37.8% 56.1% 71.09%
1 Yr 27.4% -36.3% 134.4% 70.73%
3 Yr 5.9%* -21.2% 35.4% 72.70%
5 Yr 29.8%* -12.8% 32.8% 0.49%
10 Yr N/A* -3.9% 21.1% 8.53%

* Annualized

Return Ranking - Calendar

Period JSPIX Return Category Return Low Category Return High Rank in Category (%)
2023 51.8% -74.1% 72.4% 4.01%
2022 -38.8% -85.9% 4.7% 72.75%
2021 57.6% -52.4% 60.5% 0.19%
2020 36.8% -34.3% 145.0% 21.92%
2019 3.0% -6.9% 49.4% 97.96%

Total Return Ranking - Trailing

Period JSPIX Return Category Return Low Category Return High Rank in Category (%)
YTD 25.6% -37.8% 56.1% 71.09%
1 Yr 27.4% -36.3% 134.4% 70.73%
3 Yr 5.9%* -21.2% 35.4% 72.70%
5 Yr 29.8%* -12.8% 32.8% 0.49%
10 Yr N/A* -3.9% 21.1% 14.46%

* Annualized

Total Return Ranking - Calendar

Period JSPIX Return Category Return Low Category Return High Rank in Category (%)
2023 51.8% -4.6% 72.4% 6.39%
2022 -38.8% -61.7% 5.6% 89.25%
2021 115.1% -39.8% 118.1% 0.19%
2020 44.1% 2.8% 149.2% 23.76%
2019 26.9% -5.2% 49.4% 91.54%

NAV & Total Return History

JSPIX - Holdings

Concentration Analysis

JSPIX Category Low Category High JSPIX % Rank
Net Assets 205 M 296 K 287 B 79.78%
Number of Holdings 27 2 3061 95.10%
Net Assets in Top 10 123 M 126 K 150 B 77.86%
Weighting of Top 10 60.59% 0.7% 205.0% 22.20%

Top 10 Holdings

  1. Microsoft Corp 12.19%
  2. NVIDIA Corp 9.94%
  3. Amazon.com Inc 8.34%
  4. Alphabet Inc 6.35%
  5. Mastercard Inc 4.86%
  6. Visa Inc 4.18%
  7. Canadian Pacific Kansas City Ltd 3.69%
  8. Waste Management Inc 3.68%
  9. CME Group Inc 3.68%
  10. ServiceNow Inc 3.67%

Asset Allocation

Weighting Return Low Return High JSPIX % Rank
Stocks 		98.92% 0.00% 123.52% 48.09%
Cash 		1.24% 0.00% 173.52% 44.74%
Preferred Stocks 		0.00% 0.00% 8.45% 82.94%
Other 		0.00% -36.56% 50.35% 81.67%
Convertible Bonds 		0.00% 0.00% 1.94% 80.09%
Bonds 		0.00% 0.00% 102.71% 80.31%

Stock Sector Breakdown

Weighting Return Low Return High JSPIX % Rank
Technology 		32.72% 0.00% 65.70% 62.64%
Healthcare 		19.65% 0.00% 39.76% 9.00%
Consumer Cyclical 		15.02% 0.00% 62.57% 55.82%
Financial Services 		14.71% 0.00% 43.06% 14.18%
Communication Services 		11.38% 0.00% 66.40% 41.45%
Industrials 		6.51% 0.00% 30.65% 46.36%
Utilities 		0.00% 0.00% 16.07% 87.73%
Real Estate 		0.00% 0.00% 16.05% 94.82%
Energy 		0.00% 0.00% 41.09% 92.36%
Consumer Defense 		0.00% 0.00% 25.50% 98.00%
Basic Materials 		0.00% 0.00% 18.91% 94.27%

Stock Geographic Breakdown

Weighting Return Low Return High JSPIX % Rank
US 		98.92% 0.00% 123.52% 38.20%
Non US 		0.00% 0.00% 75.46% 87.66%

JSPIX - Expenses

Operational Fees

JSPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.85% 0.01% 28.71% 59.29%
Management Fee 0.55% 0.00% 1.50% 39.67%
12b-1 Fee 0.00% 0.00% 1.00% 14.81%
Administrative Fee N/A 0.01% 1.02% N/A

Sales Fees

JSPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 8.50% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

JSPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

JSPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 28.00% 0.00% 316.74% 42.96%

JSPIX - Distributions

Dividend Yield Analysis

JSPIX Category Low Category High JSPIX % Rank
Dividend Yield 0.00% 0.00% 27.58% 92.55%

Dividend Distribution Analysis

JSPIX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual SemiAnnual Annual

Net Income Ratio Analysis

JSPIX Category Low Category High JSPIX % Rank
Net Income Ratio -0.52% -6.13% 3.48% 65.86%

Capital Gain Distribution Analysis

JSPIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

JSPIX - Fund Manager Analysis

Managers

Jeffrey Van Harte

Start Date

Tenure

Tenure Rank

Apr 14, 2005

17.14

17.1%

Jeffrey S. Van Harte, chairman and the chief investment officer, joined Jackson Square Partners in April 2014. Previously, he was a senior vice president and the chief investment officer at Delaware, and was the chief investment officer for its Focus Growth Equity team (2005 to 2014). Prior to that, he was a principal and executive vice president at Transamerica Investment Management (1980 to 2005).

Christopher Ericksen

Start Date

Tenure

Tenure Rank

Sep 01, 2005

16.76

16.8%

Christopher M. Ericksen, portfolio manager and analyst, joined Jackson Square Partners in April 2014. Previously, he was a vice president, portfolio manager and analyst at Delaware, and was a portfolio manager on its Focus Growth Equity team (2005 to 2014). Prior to that, he was a portfolio manager at Transamerica Investment Management. Before joining Transamerica in 2004, he was a vice president at Goldman Sachs in investment banking and investment management (1994 to 2004).

William Montana

Start Date

Tenure

Tenure Rank

Jan 07, 2019

3.4

3.4%

William Montana, a portfolio manager and analyst, joined Jackson Square Partners in September 2014. Previously, he was an associate at TPG Capital, a private equity firm, and focused on growth capital opportunities (2011 to 2014). Prior to that, he was an investment banking analyst at Goldman Sachs and focused on financial institutions.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 54.45 8.25 3.08

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