The investment team seeks to invest in companies with franchise characteristics that are benefiting from an accelerating profit cycle and are trading at a discount to private market value.
As of 31 January 2021 | QTD | YTD | 1 Yr | 3 Yr | 5 Yr | 10 Yr | Inception |
---|---|---|---|---|---|---|---|
Advisor Class: APDMX | -2.32 | -2.32 | 50.70 | 24.68 | 22.60 | 15.59 | 14.85 |
Russell Midcap® Growth Index | -0.33 | -0.33 | 33.88 | 18.17 | 20.46 | 14.78 | 10.06 |
Russell Midcap® Index | -0.26 | -0.26 | 17.73 | 10.14 | 14.88 | 12.15 | 10.13 |
As of 31 December 2020 | QTD | YTD | 1 Yr | 3 Yr | 5 Yr | 10 Yr | Inception |
---|---|---|---|---|---|---|---|
Advisor Class: APDMX | 16.87 | 58.98 | 58.98 | 28.36 | 20.42 | 15.97 | 15.03 |
Russell Midcap® Growth Index | 19.02 | 35.59 | 35.59 | 20.50 | 18.66 | 15.04 | 10.11 |
Russell Midcap® Index | 19.91 | 17.10 | 17.10 | 11.61 | 13.40 | 12.41 | 10.18 |
2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Advisor Class: APDMX | -0.76 | 20.61 | -3.92 | 38.47 | 58.98 |
Russell Midcap® Growth Index | 7.33 | 25.27 | -4.75 | 35.47 | 35.59 |
Russell Midcap® Index | 13.80 | 18.52 | -9.06 | 30.54 | 17.10 |
Annual Report 30 September 2020 | 1.05% |
---|---|
Prospectus 30 September 2020 | 1.05% |
See prospectus for further details.
Top 10 Holdings (% of total portfolio as of 31 January 2021) |
|
---|---|
Global Payments Inc (Information Technology) | 4.5 |
Atlassian Corp PLC (Information Technology) | 3.6 |
Veeva Systems Inc (Health Care) | 3.3 |
Zynga Inc (Communication Services) | 3.2 |
HubSpot Inc (Information Technology) | 2.7 |
Catalent Inc (Health Care) | 2.7 |
Exact Sciences Corp (Health Care) | 2.6 |
Match Group Inc (Communication Services) | 2.5 |
Genmab A/S (Health Care) | 2.5 |
DexCom Inc (Health Care) | 2.4 |
Total | 29.8% |
Portfolio Statistics (as of 31 January 2021) |
|
---|---|
Median Market Cap (Billions) | $21.9 |
Weighted Avg. Market Cap (Billions) | $26.4 |
Weighted Harmonic Avg. P/E (FY1) | 46.2X |
Weighted Harmonic Avg. P/E (FY2) | 35.7X |
Weighted Avg. LT EPS Growth Rate (3-5 Yr) | 18.0% |
Weighted Avg. LT Debt/Capital | 27.7% |
Active Share | 81.0% |
Portfolio Turnover Rate | 44.5% |
Number of Securities | 68 |
Cash (% of total portfolio) | 2.2% |
Market Cap Distribution (% of total portfolio equities as of 31 January 2021) $ in billions |
|
---|---|
36.8+ | 24.3 |
27.3–36.8 | 14.4 |
19.3–27.3 | 20.2 |
13.0–19.3 | 23.1 |
0.0–13.0 | 18.0 |
TOTAL | 100.0% |
Sector Diversification (% of total portfolio equities as of 31 January 2021) |
|
---|---|
Communication Services | 10.0 |
Consumer Discretionary | 10.9 |
Consumer Staples | 1.7 |
Energy | — |
Financials | 5.9 |
Health Care | 25.2 |
Industrials | 10.0 |
Information Technology | 34.1 |
Materials | 1.2 |
Real Estate | — |
Utilities | 1.0 |
Total | 100.0% |