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: APDSX | 0.31 | 0.31 | 58.15 | 30.18 | 28.54 | 18.49 | 11.51 |
Russell 2000® Growth Index | 4.82 | 4.82 | 42.69 | 16.54 | 20.19 | 14.08 | 9.06 |
Russell 2000® Index | 5.03 | 5.03 | 30.17 | 11.11 | 16.50 | 11.78 | 9.83 |
As of 31 December 2020 | QTD | YTD | 1 Yr | 3 Yr | 5 Yr | 10 Yr | Inception |
---|---|---|---|---|---|---|---|
Advisor Class: APDSX | 27.14 | 61.19 | 61.19 | 32.30 | 25.42 | 18.72 | 11.53 |
Russell 2000® Growth Index | 29.61 | 34.63 | 34.63 | 16.20 | 16.36 | 13.48 | 8.89 |
Russell 2000® Index | 31.37 | 19.96 | 19.96 | 10.25 | 13.26 | 11.20 | 9.65 |
2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Advisor Class: APDSX | 5.54 | 26.96 | 2.38 | 40.33 | 61.19 |
Russell 2000® Growth Index | 11.32 | 22.17 | -9.31 | 28.48 | 34.63 |
Russell 2000® Index | 21.31 | 14.65 | -11.01 | 25.52 | 19.96 |
Annual Report 30 September 2020 | 1.08% |
---|---|
Prospectus 30 September 2020 | 1.09% |
See prospectus for further details.
Top 10 Holdings (% of total portfolio as of 31 January 2021) |
|
---|---|
Halozyme Therapeutics Inc (Health Care) | 5.6 |
Chegg Inc (Consumer Discretionary) | 5.0 |
Blackline Inc (Information Technology) | 4.2 |
Q2 Holdings Inc (Information Technology) | 4.1 |
NeoGenomics Inc (Health Care) | 3.8 |
HubSpot Inc (Information Technology) | 3.8 |
Zynga Inc (Communication Services) | 3.4 |
LivePerson Inc (Information Technology) | 3.1 |
Veracyte Inc (Health Care) | 3.0 |
Teledyne Technologies Inc (Industrials) | 2.6 |
Total | 38.7% |
Portfolio Statistics (as of 31 January 2021) |
|
---|---|
Median Market Cap (Billions) | $6.4 |
Weighted Avg. Market Cap (Billions) | $8.1 |
Weighted Harmonic Avg. P/E (FY1) | 60.8X |
Weighted Harmonic Avg. P/E (FY2) | 48.4X |
Weighted Avg. LT EPS Growth Rate (3-5 Yr) | 15.1% |
Weighted Avg. LT Debt/Capital | 31.0% |
Active Share | 92.5% |
Portfolio Turnover Rate | 40.6% |
Number of Securities | 61 |
Cash (% of total portfolio) | 5.2% |
Market Cap Distribution (% of total portfolio equities as of 31 January 2021) $ in billions |
|
---|---|
5.6+ | 68.5 |
4.2–5.6 | 14.8 |
2.9–4.2 | 9.9 |
1.7–2.9 | 1.3 |
0.0–1.7 | 5.4 |
TOTAL | 100.0% |
Sector Diversification (% of total portfolio equities as of 31 January 2021) |
|
---|---|
Communication Services | 4.9 |
Consumer Discretionary | 10.8 |
Consumer Staples | 1.5 |
Energy | — |
Financials | 1.7 |
Health Care | 34.2 |
Industrials | 10.3 |
Information Technology | 36.6 |
Materials | — |
Real Estate | — |
Utilities | — |
Total | 100.0% |