The Fund seeks long-term capital appreciation by investing primarily in equity securities of U.S. companies of any size, using bottom-up research to identify high-quality companies with robust and sustainable growth of revenues and earnings.
The Fund offers exposure to US growth companies across the market cap spectrum. The Fund benefits from a deep bench of portfolio managers and analysts with long firm tenure and a proven investment process that has been consistent since 1999.
Managed by Thomas Ognar and Robert Gruendyke. Thomas Ognar joined the team in 2000 and became the lead portfolio manager in 2005. Robert Gruendyke who co-manages the Fund, has been a part of the team since 2008.
The Fund has delivered better risk-adjusted returns over the longer-term compared to many of its peers. It has a growth style focus and is likely to underperform in markets led by value stocks.
The Fund is focused on seeking companies with robust and sustainable growth that are currently underappreciated by the market. The team conducts fundamental bottom-up research to identify such companies and build convictions. The portfolio is well diversified with typically 80-110 names constructed with clear guidelines and discipline.Another differentiating characteristic for the Fund is its style purity to growth stocks. It has been consistently exposed to the growth style with almost no drift.
Access to institutional share class with no trailer fees to achieve the lowest possible fees
The Fund may be an option for investors who would like to gain exposure to growth-style equities across the full market capitalization in the US stock market. However, investors should take note that the Fund can experience weakness when there is rotation to more cyclical and value-oriented names. Also, investing in this Fund means taking on concentrated regional risk. In order to achieve a more balanced portfolio, it may be desirable to diversify the investment in this Fund with allocations to other styles, geographies and asset classes.Updated as of 2023/01/09
Daily data. Returns as of 12 Sep 2026.
| Year | Total | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| 2026 | - | -2.2% | -1.5% | -6.0% | 14.7% | 2.8% | 0.8% | -6.0% | 0.3% | - | - | - | - |
| 2025 | 13.7% | 3.2% | -4.9% | -9.1% | 2.8% | 10.6% | 7.8% | 3.3% | 0.2% | 3.9% | 0.7% | -1.9% | -2.2% |
| 2024 | 28.1% | 3.2% | 8.8% | 1.3% | -4.9% | 5.4% | 5.4% | -2.8% | 3.6% | 3.0% | -0.8% | 6.8% | -3.1% |
| 2023 | 33.5% | 9.1% | -1.2% | 6.4% | 0.3% | 2.5% | 7.0% | 2.6% | -3.1% | -5.7% | -2.1% | 10.8% | 4.3% |
| 2022 | -37.2% | -12.8% | -2.9% | 1.6% | -14.2% | -3.9% | -7.8% | 11.4% | -4.9% | -10.4% | 3.1% | 4.5% | -6.0% |
| Load more | 5 of 19 | ||||||||||||
| NVIDIA Corp | 10.13% |
| Alphabet Inc Class A | 7.65% |
| Broadcom Inc | 6.96% |
| Apple Inc | 5.23% |
| Taiwan Semiconductor Manufacturing Co Ltd ADR | 3.02% |
| Eli Lilly and Co | 2.38% |
| Amazon.com Inc | 2.26% |
| Microsoft Corp | 2.06% |
| Johnson Controls International PLC Registered Shares | 1.98% |
| Micron Technology Inc | 1.95% |

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