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ODINX

Discovery Fund
  • A
  • 1

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Special Notice

As of 6/28/13, the purchase and exchange of Fund shares is restricted, subject to certain exceptions. Please see the prospectus for further information.

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Overview

The Strategy typically invests in small-cap U.S. growth stocks.

Inception Date
March 1, 2001
Investment Style
Small Cap Growth
Fund Index
Russell 2000® Growth Index
CUSIP
683921506
NAV
  • B
(as of 12/17/2018)
$57.54
Total Assets
(as of 11/30/2018)
$2.38 BN
Gross Expense Ratio
(as of 11/30/2018)
1.33%
Net Expense Ratio
(as of 11/30/2018)
1.33%
Performance
Average Annual Total Returns
Cumulative Returns
Calendar Year Returns
Capital Gains Distributions
as of 11/30/2018
  • H
as of 09/30/2018
  • H

Include Sales Charge
Include Sales Charge
Include Sales Charge
Include Sales Charge
  • H
Cumulative
Annualized
ytd as of 2018-09-30
  • D
1 yr 3 yr 5 yr 10 yr since inception
Discovery Fund (NAV)
21.99% 30.43% 18.30% 11.79% 12.90% 8.23%
Russell 2000® Growth Index
15.76% 21.06% 17.98% 12.14% 12.65% 4.47%
Cumulative
Annualized
ytd as of 2018-09-30
  • D
1 yr 3 yr 5 yr 10 yr since inception
Discovery Fund (with sales charge)
21.99% 30.43% 18.30% 11.79% 12.90% 8.23%
Russell 2000® Growth Index
15.76% 21.06% 17.98% 12.14% 12.65% 4.47%
Cumulative
Annualized
ytd as of 2018-11-30
  • D
1 yr 3 yr 5 yr 10 yr since inception
Discovery Fund (NAV)
8.47% 8.47% 11.78% 8.17% 15.34% 7.44%
Russell 2000® Growth Index
2.69% 2.81% 9.97% 8.22% 15.55% 4.06%
Cumulative
Annualized
ytd as of 2018-11-30
  • D
1 yr 3 yr 5 yr 10 yr since inception
Discovery Fund (with sales charge)
8.47% 8.47% 11.78% 8.17% 15.34% 7.44%
Russell 2000® Growth Index
2.69% 2.81% 9.97% 8.22% 15.55% 4.06%
Gross Expense Ratio: 1.33% | Net Expense Ratio: 1.33%

The performance data quoted represents past performance, which does not guarantee future results.  The investment return and principal value of an investments in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the originals cost.  Current performance and expense ratios may be lower or higher than the data quoted.  Fund returns include changes in share price and reinvested distributions.  Class R shares are not subject to a sales charge.  Returns do not consider capital gains or income taxes on an individual's investment.
 


Year Discovery Fund Russell 2000® Growth Index
2002 -24.35% -0.33%
2003 38.68% -2.14%
2004 3.67% -0.64%
2005 1.05% 5.99%
2006 4.56% 13.35%
2007 25.36% 7.05%
2008 -38.76% -38.54%
2009 26.99% 34.47%
2010 27.43% 29.09%
2011 1.20% -2.91%
2012 16.67% 14.59%
2013 45.67% 43.30%
2014 -2.45% 5.60%
2015 1.71% -1.38%
2016 3.96% 11.32%
2017 28.78% 22.17%

The performance data quoted represents past performance, which does not guarantee future results.  The investment return and principal value of an investments in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the originals cost.  Current performance and expense ratios may be lower or higher than the data quoted.  Fund returns include changes in share price and reinvested distributions.  Class R shares are not subject to a sales charge.  Returns do not consider capital gains or income taxes on an individual's investment.
 


Date Discovery Fund Russell 2000® Growth Index MSCI World S&P 500
11/30/2008 0.00 0.00 0.00 0.00
12/31/2008 3.91 5.42 3.21 1.06
1/31/2009 -1.00 -2.60 -5.83 -7.45
2/28/2009 -10.05 -12.68 -15.47 -17.31
3/31/2009 -4.93 -4.84 -9.10 -10.06
4/30/2009 1.10 9.48 1.10 -1.46
5/31/2009 4.18 13.72 10.26 4.05
6/30/2009 7.36 17.40 9.76 4.26
7/31/2009 13.74 26.50 19.06 12.15
8/31/2009 15.21 27.74 23.97 16.20
9/30/2009 22.46 36.13 28.91 20.53
10/31/2009 16.65 26.67 26.62 18.29
11/30/2009 22.01 30.59 31.79 25.39
12/31/2009 32.29 41.76 34.16 27.81
1/31/2010 25.49 35.42 28.61 23.21
2/28/2010 30.46 41.33 30.43 27.03
3/31/2010 40.89 52.56 38.50 34.69
4/30/2010 45.26 58.96 38.52 36.82
5/31/2010 36.24 48.45 25.25 25.90
6/30/2010 27.16 38.49 20.96 19.31
7/31/2010 33.16 47.65 30.77 27.66
8/31/2010 26.74 36.88 25.88 21.90
9/30/2010 42.83 56.26 37.62 32.78
10/31/2010 51.31 62.98 42.75 37.83
11/30/2010 59.52 70.09 39.67 37.85
12/31/2010 68.99 83.00 49.94 47.06
1/31/2011 72.20 81.98 53.33 50.55
2/28/2011 85.11 92.68 58.70 55.71
3/31/2011 94.01 99.90 57.13 55.77
4/30/2011 103.30 107.11 63.81 60.38
5/31/2011 97.67 103.07 60.41 58.57
6/30/2011 96.53 98.73 57.87 55.92
7/31/2011 88.26 90.94 55.01 52.75
8/31/2011 72.59 74.58 44.09 44.45
9/30/2011 57.91 54.51 31.64 34.30
10/31/2011 76.00 79.02 45.26 48.98
11/30/2011 74.63 78.08 41.71 48.65
12/31/2011 71.47 77.68 41.63 50.17
1/31/2012 80.08 90.97 48.74 56.90
2/29/2012 91.16 97.26 56.01 63.68
3/31/2012 96.42 101.26 58.01 69.07
4/30/2012 101.48 97.96 56.22 68.01
5/31/2012 87.93 83.85 42.73 57.91
6/30/2012 93.16 93.34 50.01 64.42
7/31/2012 93.57 89.97 51.93 66.70
8/31/2012 102.18 96.79 55.79 70.46
9/30/2012 108.22 102.69 60.07 74.86
10/31/2012 100.69 96.39 58.98 71.63
11/30/2012 98.10 97.90 61.02 72.63
12/31/2012 100.61 103.60 64.05 74.20
1/31/2013 112.26 116.99 72.40 83.22
2/28/2013 112.78 119.30 72.69 85.71
3/31/2013 123.51 130.49 76.73 92.68
4/30/2013 121.43 128.98 82.30 96.39
5/31/2013 131.96 140.60 82.37 100.98
6/30/2013 133.76 139.10 77.87 98.28
7/31/2013 152.64 157.19 87.24 108.37
8/31/2013 156.25 152.16 83.25 102.34
9/30/2013 171.89 169.71 92.42 108.68
10/31/2013 178.33 174.63 99.95 118.27
11/30/2013 185.18 185.90 103.50 124.93
12/31/2013 193.12 191.75 107.81 130.62
1/31/2014 188.42 186.71 100.11 122.65
2/28/2014 203.34 200.57 110.13 132.83
3/31/2014 186.10 193.17 110.44 134.79
4/30/2014 161.08 178.11 112.59 136.52
5/31/2014 160.16 180.80 116.77 142.08
6/30/2014 179.49 198.22 120.65 147.08
7/31/2014 162.25 180.16 117.13 143.67
8/31/2014 174.67 195.78 121.92 153.42
9/30/2014 165.89 179.94 115.89 149.86
10/31/2014 179.67 197.31 117.29 155.97
11/30/2014 182.36 199.23 121.64 162.85
12/31/2014 186.69 208.10 118.07 162.19
1/31/2015 181.55 201.07 114.12 154.32
2/28/2015 202.70 222.74 126.66 168.93
3/31/2015 207.96 228.53 123.11 164.68
4/30/2015 196.96 218.87 128.35 167.22
5/31/2015 211.52 230.58 129.13 170.66
6/30/2015 218.84 235.02 123.81 165.42
7/31/2015 229.23 236.39 127.82 170.98
8/31/2015 202.14 210.90 112.75 154.63
9/30/2015 188.31 191.27 104.90 148.33
10/31/2015 199.26 207.79 121.14 169.28
11/30/2015 203.96 219.07 120.04 170.08
12/31/2015 192.38 203.85 116.17 165.82
1/31/2016 164.46 170.92 103.24 152.63
2/29/2016 159.16 169.01 101.72 152.29
3/31/2016 175.42 189.62 115.41 169.40
4/30/2016 179.87 192.51 118.82 170.44
5/31/2016 187.50 200.39 120.05 175.30
6/30/2016 194.10 199.00 117.59 176.01
7/31/2016 206.40 218.56 126.78 186.19
8/31/2016 207.52 221.94 126.97 186.59
9/30/2016 207.48 226.58 128.17 186.65
10/31/2016 191.73 206.28 123.76 181.42
11/30/2016 209.42 233.68 126.97 191.84
12/31/2016 204.72 238.24 132.40 197.61
1/31/2017 217.77 243.73 138.01 203.25
2/28/2017 224.88 252.16 144.62 215.29
3/31/2017 231.35 256.33 147.22 215.66
4/30/2017 239.45 262.89 150.88 218.90
5/31/2017 244.44 259.59 156.19 223.39
6/30/2017 248.36 271.97 157.18 225.41
7/31/2017 252.90 275.13 163.33 232.10
8/31/2017 252.18 274.69 163.70 233.12
9/30/2017 267.79 295.10 169.62 239.99
10/31/2017 281.51 301.22 174.72 247.92
11/30/2017 293.34 312.74 180.67 258.59
12/31/2017 293.46 313.21 184.46 262.58
1/31/2018 311.27 329.32 199.48 283.34
2/28/2018 305.28 317.10 187.08 269.21
3/31/2018 309.34 322.71 180.82 259.83
4/30/2018 307.36 323.13 184.05 261.21
5/31/2018 339.43 349.77 185.83 269.91
6/30/2018 340.19 353.29 185.69 272.19
7/31/2018 346.89 361.08 194.61 286.04
8/31/2018 385.25 389.78 198.26 298.61
9/30/2018 380.94 378.32 199.92 300.88
10/31/2018 323.90 317.80 177.90 273.48
11/30/2018 327.81 324.33 181.05 281.09

The performance data quoted represents past performance, which does not guarantee future results.  The investment return and principal value of an investments in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the originals cost.  Current performance and expense ratios may be lower or higher than the data quoted.  Fund returns include changes in share price and reinvested distributions.  Class R shares are not subject to a sales charge.  Returns do not consider capital gains or income taxes on an individual's investment.
 

$ per share as of 12/18/2018

Date 2014 2015 2016 2017 2018
Short Term 0.8881
Long Term 7.0126 4.6368 2.9326 9.6645 11.0579
Total Amount of Distribution 7.0126 4.6368 2.9326 9.6645 11.9460
Record Date 12/2/14 12/2/15 12/5/16 12/4/17 12/6/18
Ex Div Date 12/3/14 12/3/15 12/6/16 12/5/17 12/7/18
Pay Date 12/3/14 12/3/15 12/6/16 12/5/17 12/7/18

There is no guarantee of the payment of any dividend or other distributions at any level.

Portfolio

Top Issuers

(37.7% of assets as of 11/30/2018)


Portfolio Holdings Breakdown

Country
Developed Markets
Equity Sector
Industry
Asset Allocation
Market Cap 5
Country Discovery Fund Russell 2000® Growth Index Overweight / Underweight
United States 95.6% 99.9% -4.4%
Canada 1.1% 0.1% 1.0%
Developed Markets Discovery Fund Russell 2000® Growth Index Overweight / Underweight
Americas 96.7% 100.0% -3.3%
Equity Sector Discovery Fund Russell 2000® Growth Index Overweight / Underweight
Health Care 27.8% 26.7% 1.0%
Information Technology 19.7% 17.4% 2.4%
Consumer Discretionary 18.7% 15.0% 3.7%
Industrials 15.0% 18.0% -3.1%
Financials 7.9% 7.7% 0.2%
Materials 3.8% 3.4% 0.4%
Consumer Staples 2.0% 3.0% -1.1%
Energy 1.3% 1.9% -0.6%
Communication Services 0.5% 3.5% -2.9%
Industry Discovery Fund Russell 2000® Growth Index Overweight / Underweight
Software 12.9% 8.9% 3.9%
Health Care Equipment & Supplies 12.8% 6.4% 6.4%
Biotechnology 5.9% 11.2% -5.2%
Hotels Restaurants & Leisure 5.7% 4.7% 1.0%
Aerospace & Defense 4.3% 1.0% 3.2%
Life Sciences Tools & Services 4.2% 0.7% 3.4%
Machinery 4.0% 4.6% -0.7%
Health Care Providers & Services 3.1% 3.1% -0.1%
Diversified Consumer Services 3.0% 1.0% 2.0%
Chemicals 2.9% 2.3% 0.5%
Specialty Retail 2.7% 3.0% -0.3%
Insurance 2.3% 1.6% 0.8%
Banks 2.1% 2.8% -0.7%
Semiconductors & Semiconductor Equipment 2.1% 3.5% -1.4%
Multiline Retail 2.0% 0.5% 1.5%
Building Products 2.0% 2.0% 0.0%
Distributors 1.8% 0.0% 1.7%
IT Services 1.8% 2.1% -0.3%
Consumer Finance 1.8% 0.9% 1.0%
Professional Services 1.6% 1.9% -0.3%
Asset Allocation Discovery Fund Russell 2000® Growth Index Overweight / Underweight
Equity 96.7% 100.0% -3.3%
Market Cap Discovery Fund Russell 2000® Growth Index Overweight / Underweight
Mid 65.8% 27.1% 38.8%
Small 30.8% 72.9% -42.1%
Analytics
(As of 11/30/2018)

Morningstar 11/30/2018 (based on risk adjusted performance)
Overall Rating
Number of Funds
585
Category
Small Growth
Analyst Rating (as of 7/19/18)
Silver
Performance Statistics
3Y
5Y
Alpha
2.71
0.56
Beta
0.87
0.92
Information Ratio
0.35
-0.01
R-Squared
88.55
88.22
Sharpe Ratio
0.78
0.56
Standard Deviation
14.26
15.09
Upside Capture
91.57
94.34
Downside Capture
75.48
92.25
Sortino Ratio
1.14
0.80
Win Ratio
53.00
52.00
Loss Ratio
47.00
48.00
Tracking Error
5.20
5.31
Portfolio Characteristics
Fund
Fund Index
Average Market Cap (weighted)
$4.46 B
$2.45 B
Median Market Cap (weighted)
$4.38 B
$2.25 B
P/E Ratio (LTM)
46.54
32.01
P/E Ratio (NTM)
32.80
23.65
Price/Book
5.54
4.01
Return on Equity
5.31%
8.83%
EPS Growth Rate 5Y
35.90%
-
Sales Growth Rate 5Y
16.66%
-
Turnover Ratio
91%
-
Active Share
83.89%
-
Dividends
  • E
Est. Frequency
Annual
Last Pay Date
12/7/2018
Per Share ($)
$0.0000
12-Month Distribution ($)
$0.0000
Distribution Sources
  • E
Net Income
0.00%
Net Profit from Sale
100.00%
Other Capital Sources
0.00%
Documents
  1. 1. Small-sized company stock is typically more volatile than that of larger company stock. It may take a substantial period of time to realize a gain on an investment in a small-sized company, if any gain is realized at all. Investments in securities of growth companies may be volatile. Diversification does not guarantee profit or protect against loss.
  2. 2. The net expense ratio (where applicable) also takes into account contractual fee waivers and/or expense reimbursements without which performance would have been less.  These undertakings may not be amended or withdrawn for one year from the date of the current prospectus, unless approved by the Board.
  3. 3. The Russell 2000® Growth Index measures the performance of the small-cap growth segment of the U.S. equity universe. It includes those Russell 2000 companies with higher price-to-book ratios and higher forecasted growth values. The index is unmanaged and cannot be purchased directly by investors.   Index performance is shown for illustrative purposes only and does not predict or depict performance of the Fund. Past performance does not guarantee future results.
  4. 4. Holdings are subject to change, and are dollar weighted based on total new assets. Negative weightings may result from the use of leverage. Leverage involves the use of various financial instruments or borrowed capital in an attempt to increase investment return. Leverage risks include potential for higher volatility, greater decline of the Fund’s net asset value and fluctuations of dividends and distributions paid by the Fund.
  5. 5. Holdings are subject to change, are dollar-weighted based on assets, and may not reflect the use of leverage in the Fund. Market Cap breakdown is calculated using Morningstar's methodology and those capitalization standards may not align with those in the Fund's prospectus.
  6. 6. The Morningstar Analyst Rating is not a credit or risk rating, but a subjective evaluation performed by the analysts of Morningstar, Inc. (Mstar.) Mstar evaluates funds based on five key pillars (process, performance, people, parent and price). Mstar’s analysts use this evaluation to identify funds they believe are morelikely to outperform over the long term on a risk-adjusted basis. Analysts consider quantitative and qualitative factors and the weighting of each pillar may vary. The Analyst Rating reflects an overall assessment and is overseen by Morningstar’s Analyst Rating Committee. The analyst rating scale is five-tiered, with threepositive ratings (Gold, Silver, Bronze), a Neutral Rating and a Negative Rating, with Gold being the highest rating and Negative being the lowest rating. The Mstar analyst Ratings should not be used as the sole basis in evaluating a mutual fund and are based on Mstar’s current expectations about future events. Mstar does not represent ratings as a guarantee. Analyst Ratings involve unknown risks and uncertainties which may causeMstar’s expectations not to occur or to differ significantly.
  7. 7. Class I shares are only offered to eligible institutional investors that make a minimum initial investment of $1 million or more and to retirement plan service provider platforms. The minimum account balance for class I shares is $2.5 million.  Class I shares are sold at net asset value without a sales charge.  Please see Fund prospectuses for additional information.
  8. A. Effective 6/28/13, the purchase and exchange of Fund shares is restricted, subject to certain exceptions. Please see the prospectus supplement for further information.
  9. B. Daily net asset value and dollar change of the fund is as of the previous business day's closing. Fund net asset values are updated at approximately 7:00pm ET daily.
  10. C. The performance data quoted represents past performance, which does not guarantee future results.  The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost.  Current performance and expense ratios may be lower or higher than the data quoted.  Fund returns include changes in share price, reinvested distributions, and a 5.75% maximum sales charge where indicated.  Returns do not consider capital gains or income taxes on an individual's investment.
  11. D. "Year to Date" returns are cumulative, not annualized, and do not reflect sales charges (if sales charges are applicable to the Fund).  These returns would be lower if sales charges were taken into consideration.  Short-term returns may not be indicative of longer-term performance, which should also be considered when making investment decisions.
  12. E. There is no guarantee of the payment of any dividend or other distributions at any level.
  13. F. The performance data quoted represents past performance, which does not guarantee future results.  The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost.  Current performance and expense ratios may be lower or higher than the data quoted.  Fund returns include changes in share price and reinvested distributions and a 1% contingent deferred sales charge for the first year where indicated.  Class C shares are subject to a 0.75% annual asset-backed sales charge.  Returns do not consider capital gains or income taxes on an individual's investment.
  14. G. The performance data quoted represents past performance, which does not guarantee future results.  The investments return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost.  Current performance and expense ratios may be lower or higher than the data quoted.  Fund returns include changes in share price and reinvested distributions.  Class I shares are not subject to a sales charge.  Returns do not consider capital gains or income taxes on an individual's investment.
  15. H. The performance data quoted represents past performance, which does not guarantee future results.  The investment return and principal value of an investments in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the originals cost.  Current performance and expense ratios may be lower or higher than the data quoted.  Fund returns include changes in share price and reinvested distributions.  Class R shares are not subject to a sales charge.  Returns do not consider capital gains or income taxes on an individual's investment.
     
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