• FirefoxTry Yahoo Finance on Firefox »
  •  Dow Up0.69% Nasdaq Up0.44%

    Chesapeake Growth Instl (CHESX)

    19.47 Up 0.13(0.67%) Jul 29

    Profile as of Jun 29, 2015Get Profile for:
    Chesapeake Growth Instl
    Gardner Lewis Investment Trust225 Pictoria Drive Suite 450Rocky Mount NC 27802
    Map
    Phone: 800-430-3863
    Fund Overview 
    Category:Large Growth
    Fund Family:Chesapeake
    Net Assets:11.83M
    Year-to-Date Return:6.65%
    Yield:0.00%
    Morningstar Rating:2 stars
    Fund Inception Date:Apr 6, 1994
    Morningstar Style Box 
    Large Growth
    [View Category Definition]
    View Top Large Growth Funds
    About the Morningstar Style Box
    Management Information 
    W. Whitfield Gardner
    Lead Manager since Apr 6, 1994
    Mr. Gardner has served as Chairman and Chief Executive Officer of Gardner Lewis Asset Management since the firm's founding. Previously, he was a lead portfolio manager with Friess Associates and its Brandywine Fund. Prior to joining Friess Associates, he worked as an investment analyst with Investments Orange Nassau, a Netherlands based venture capital firm, with interests in both private and public companies. This position stemmed from employment with MBank, then a $20 billion bank holding company, where he analyzed companies as well as industry groups. He began his investment career at Lehman Brothers Kuhn Loeb (prior to the Shearson Merger). Mr. Gardner received his B.B.A. in Finance from Southern Methodist University.
    Investment Information 
    Min Initial Investment:250,000
    Min Initial Investment, IRA:250,000
    Min Initial Investment, AIP:250,000
    Min Subsequent Investment:5,000
    Min Subsequent Investment, IRA:5,000
    Min Subsequent Investment, AIP:100
    CHESX can be purchased from 38 brokerages.

    Fund Summary 
    The investment seeks capital appreciation. The fund, which is a diversified separate investment portfolio of the Gardner Lewis Investment Trust (the "Trust"), seeks capital appreciation by investing primarily in equity securities, such as common and preferred stock and securities convertible into common stock, without regard to market capitalization. It will invest at least 90% of its total assets in equity securities, of which no more than 25% of the fund's total assets will be invested in the securities of any one industry. Up to 10% of the fund's total assets may consist of foreign securities and sponsored American Depositary Receipts ("ADRs").

    Fund Operations 
    Last Dividend : 0.00
    Last Cap Gain (Dec 4, 2014) : 0.00
    Annual Holdings Turnover (Jul 27, 2015) : 64.00%
    Average for Category:45.91%
    Fees & Expenses 
    ExpenseCHESXCategory Avg
    Annual Report Expense Ratio (net):2.03%1.18%
    Prospectus Net Expense Ratio:2.03%N/A
    Prospectus Gross Expense Ratio:2.47%N/A
    Max 12b1 Fee:N/AN/A
    Max Front End Sales Load:N/A5.44%
    Max Deferred Sales Load: N/A2.11%
    3 Yr Expense Projection*:728513
    5 Yr Expense Projection*:1,276813
    10 Yr Expense Projection*:2,7731,652
    * Per $10,000 invested