Akre Focus Inst
MK-WI-T4777 East Wisconsin AvenueMilwaukee WI 53202
Map
Phone: 877-862-9556
| Category: | Mid-Cap Growth | | Fund Family: | Akre | | Net Assets: | 1.59B | | Year-to-Date Return: | 11.63% | | Yield: | 0.49% | | Morningstar Rating: |  | | Fund Inception Date: | Aug 30, 2009 |
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Charles T. Akre, Jr.
Lead Manager since Aug 30, 2009 | | | Akre is the portfolio manager and the managing member of Akre Capital Management. Prior to managing this Fund, he was the sole portfolio manager of the FBR Focus Fund from its inception in 1997. He established Akre Capital Management in 1989 and for a time operated it as part of Friedman, Billings, Ramsey & Co ending in 1999. He has also held positions such as director and CEO of the Asset Management Division and director of research at Johnston, Lemon & Co. Akre has been in the securities business since 1968. |
| Min Initial Investment: | 250,000 | | Min Initial Investment, IRA: | N/A | | Min Initial Investment, AIP: | N/A | | Min Subsequent Investment: | 25,000 | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | N/A |
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| The investment seeks long-term capital appreciation.
The fund invests primarily in securities of companies listed on U.S. stock exchanges. Investments consist primarily of common stocks of companies of any capitalization range. It may also invest in preferred stocks, warrants, options, and other equity-like instruments, such as partnership interests, limited liability company interests, business trust shares and rights and other securities that are convertible into equity securities. The fund is non-diversified. |
| Last Dividend
(Dec 13, 2012)
:
| 0.09 | | Last Cap Gain
:
| 0.00 | | Annual Holdings Turnover
(May 19, 2013)
:
| 13.00% | | Average for Category: | 71.72% |
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| Expense | AKRIX | Category Avg |
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| Annual Report Expense Ratio (net): | 1.15% | 1.35% | | Prospectus Net Expense Ratio: | 1.15% | N/A | | Prospectus Gross Expense Ratio: | 1.15% | N/A | | Max 12b1 Fee: | N/A | N/A | | Max Front End Sales Load: | N/A | 5.38% | | Max Deferred Sales Load:
| N/A | 2.44% | | 3 Yr Expense Projection*: | 365 | 569 | | 5 Yr Expense Projection*: | 633 | 907 | | 10 Yr Expense Projection*: | 1,398 | 1,845 |
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0.02(0.11%) May 24