Lateef I
FundVantage Trust (Lateef)301 Bellevue ParkwayWilmington DE 19809
Map
Phone: 866-499-2151
| Category: | Large Growth | | Fund Family: | Lateef Investment Management, L.p. | | Net Assets: | 539.37M | | Year-to-Date Return: | 4.44% | | Yield: | 0.38% | | Morningstar Rating: |  | | Fund Inception Date: | Sep 5, 2007 |
|
Quoc F. Tran
Lead Manager since Sep 5, 2007 | | | Quoc Tran, joined Lateef in November 2005 as a Senior Portfolio Manager and became an owner in January 2007. He started in the investment industry in 1996 as an analyst at Kemper Investments in Chicago. While at Kemper, Mr. Tran co-launched Kemperâs aggressive growth fund, where he served as the dedicated analyst for the fund. Mr. Tran then spent five years at Goldman Sachs and Co. as an institutional sales professional and left Goldman as Vice President & Director in the Equities Division. In 2002, Mr. Tran joined Wallace R. Weitz & Co. in Omaha, NE. At Weitz, Mr. Tran served as Head of Private Client Services, Portfolio Manager, and Research Analyst. At Weitz & Co., Mr. Tran served as Portfolio Manager to over two dozen institutional and high net worth families accounts. Mr. Tran earned his MBA in Finance and Competitive Strategy at the University of Chicago where he was also a University of Chicago Business Fellow. Mr. Tran earned his B.A. at Bates College in Lewiston, Maine. |
| Min Initial Investment: | 1,000,000 | | Min Initial Investment, IRA: | 2,500 | | Min Initial Investment, AIP: | N/A | | Min Subsequent Investment: | N/A | | Min Subsequent Investment, IRA: | 250 | | Min Subsequent Investment, AIP: | N/A |
|
| |
| The investment seeks to provide principal preservation and long-term capital appreciation.
The fund normally invests in the common stocks of approximately 15 to 25 mid- and large-cap companies (market capitalizations greater than $2 billion) with, in the Adviser's opinion, a sustainable competitive advantage. The Adviser uses an intensive fundamental due diligence research process to attempt to identify companies whose management teams have, in the view of the Adviser, high integrity and generate a consistent and sustainable high return on capital. It is non-diversified. |
| Last Dividend
(Dec 7, 2010)
:
| 0.05 | | Last Cap Gain
:
| 0.00 | | Annual Holdings Turnover
(Jun 16, 2013)
:
| 35.98% | | Average for Category: | 61.12% |
|
| Expense | LIMIX | Category Avg |
|---|
| Annual Report Expense Ratio (net): | 0.99% | 1.24% | | Prospectus Net Expense Ratio: | 0.99% | N/A | | Prospectus Gross Expense Ratio: | 1.25% | N/A | | Max 12b1 Fee: | N/A | N/A | | Max Front End Sales Load: | N/A | 5.42% | | Max Deferred Sales Load:
| N/A | 2.40% | | 3 Yr Expense Projection*: | 37,085 | 579 | | 5 Yr Expense Projection*: | 66,134 | 913 | | 10 Yr Expense Projection*: | 148,840 | 1,832 |
|
|
0.14(1.07%) Jun 19