Spoof Access

×
U.S. Flag United States
Registered Investment Advisor
×

Domestic Equity

Discovery Mid Cap Growth Fund

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

Investment Style
Mid Cap Growth
Fund Inception
November 1, 2000
Total Assets (all classes) (as of 9/30/2017)
$970 million
Fund Index
Russell Midcap Growth
NAV (as of 10/19/17)
  • A
$20.95
performance
analytics
holdings
as of 9/30/2017
  • B
as of 9/30/2017
  • B

Include Sales Charge
Include Sales Charge
Include Sales Charge
Include Sales Charge
  • B
Cumulative
Annualized
ytd as of 10/19/17
  • C
1 yr 3 yr 5 yr 10 yr since inception
Discovery Mid Cap Growth Fund (NAV)
22.80% 16.53% 10.88% 12.52% 7.58% 6.74%
Cumulative
Annualized
ytd as of 10/19/17
  • C
1 yr 3 yr 5 yr 10 yr since inception
Discovery Mid Cap Growth Fund (with sales charge)
22.80% 9.83% 8.71% 11.19% 6.95% 6.37%
Cumulative
Annualized
ytd as of 10/19/17
  • C
1 yr 3 yr 5 yr 10 yr since inception
Discovery Mid Cap Growth Fund (NAV)
22.80% 16.53% 10.88% 12.52% 7.58% 6.74%
Cumulative
Annualized
ytd as of 10/19/17
  • C
1 yr 3 yr 5 yr 10 yr since inception
Discovery Mid Cap Growth Fund (with sales charge)
22.80% 9.83% 8.71% 11.19% 6.95% 6.37%
Gross Expense Ratio: 1.16% | Net Expense Ratio: 1.15%

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.


Year Discovery Mid Cap Growth Fund Russell Midcap Growth
2000 0.00% -
2001 0.41% -10.83%
2002 -36.78% -29.09%
2003 63.53% 46.31%
2004 5.35% 14.59%
2005 4.61% 8.17%
2006 6.75% 12.26%
2007 23.35% 9.69%
2008 -38.89% -41.50%
2009 24.16% 41.66%
2010 26.38% 28.86%
2011 0.34% -1.57%
2012 15.52% 16.13%
2013 35.02% 37.06%
2014 5.40% 11.90%
2015 6.10% -0.20%
2016 1.89% 7.33%

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.


Date Discovery Mid Cap Growth Fund Russell Midcap® Growth Index (Linked Index) MSCI World S&P 500
9/30/2007 0.00 0.00 0.00 0.00
10/31/2007 6.20 4.14 3.07 1.59
11/30/2007 -0.44 -2.01 -1.15 -2.66
12/31/2007 1.20 -2.09 -2.42 -3.33
1/31/2008 -9.84 -10.07 -9.88 -9.13
2/29/2008 -13.16 -11.88 -10.40 -12.08
3/31/2008 -14.24 -12.95 -11.26 -12.46
4/30/2008 -8.26 -7.70 -6.59 -8.20
5/31/2008 -2.87 -2.84 -5.17 -7.01
6/30/2008 -5.03 -9.79 -12.73 -14.85
7/31/2008 -4.94 -10.11 -14.87 -15.56
8/31/2008 -4.94 -8.61 -16.06 -14.34
9/30/2008 -16.98 -20.70 -26.05 -21.98
10/31/2008 -32.67 -38.56 -40.07 -35.08
11/30/2008 -40.39 -45.49 -43.95 -39.74
12/31/2008 -38.15 -42.73 -42.15 -39.10
1/31/2009 -41.06 -46.17 -47.22 -44.23
2/28/2009 -46.45 -50.83 -52.62 -50.17
3/31/2009 -43.13 -46.15 -49.05 -45.80
4/30/2009 -39.48 -38.13 -43.33 -40.62
5/31/2009 -37.82 -35.91 -38.20 -37.29
6/30/2009 -36.16 -34.41 -38.47 -37.17
7/31/2009 -32.75 -29.31 -33.26 -32.42
8/31/2009 -31.84 -27.87 -30.51 -29.98
9/30/2009 -28.02 -23.15 -27.74 -27.37
10/31/2009 -31.01 -27.37 -29.03 -28.71
11/30/2009 -28.19 -24.68 -26.13 -24.44
12/31/2009 -23.21 -18.87 -24.80 -22.98
1/31/2010 -27.69 -22.21 -27.91 -25.75
2/28/2010 -23.79 -18.25 -26.89 -23.45
3/31/2010 -18.97 -11.72 -22.36 -18.83
4/30/2010 -16.48 -8.63 -22.35 -17.55
5/31/2010 -22.29 -14.84 -29.79 -24.13
6/30/2010 -27.03 -20.35 -32.20 -28.10
7/31/2010 -22.46 -15.03 -26.70 -23.07
8/31/2010 -25.03 -20.41 -29.44 -26.54
9/30/2010 -16.07 -9.87 -22.86 -19.98
10/31/2010 -12.25 -6.48 -19.98 -16.94
11/30/2010 -7.43 -2.72 -21.71 -16.93
12/31/2010 -2.95 4.55 -15.95 -11.38
1/31/2011 -1.12 5.73 -14.05 -9.28
2/28/2011 4.94 11.53 -11.05 -6.17
3/31/2011 9.17 14.83 -11.92 -6.13
4/30/2011 12.32 18.84 -8.18 -3.35
5/31/2011 10.17 17.38 -10.09 -4.45
6/30/2011 10.91 15.27 -11.51 -6.04
7/31/2011 7.59 10.79 -13.11 -7.95
8/31/2011 -1.12 1.72 -19.23 -12.95
9/30/2011 -9.76 -9.34 -26.21 -19.07
10/31/2011 0.70 4.66 -18.58 -10.22
11/30/2011 0.37 4.16 -20.57 -10.42
12/31/2011 -2.62 2.90 -20.61 -9.51
1/31/2012 3.28 10.84 -16.63 -5.45
2/29/2012 9.75 15.93 -12.55 -1.36
3/31/2012 13.07 17.93 -11.43 1.88
4/30/2012 14.90 16.92 -12.43 1.24
5/31/2012 7.43 8.11 -19.99 -4.84
6/30/2012 10.25 11.59 -15.92 -0.92
7/31/2012 8.84 10.48 -14.84 0.46
8/31/2012 13.07 14.75 -12.68 2.72
9/30/2012 15.15 17.42 -10.28 5.37
10/31/2012 10.91 15.21 -10.88 3.43
11/30/2012 11.91 17.23 -9.74 4.03
12/31/2012 12.49 19.50 -8.05 4.98
1/31/2013 18.72 27.71 -3.36 10.41
2/28/2013 18.97 28.50 -3.20 11.91
3/31/2013 22.37 34.08 -0.93 16.11
4/30/2013 22.37 34.55 2.19 18.35
5/31/2013 24.86 40.08 2.22 21.11
6/30/2013 24.20 38.41 -0.29 19.49
7/31/2013 32.58 47.02 4.95 25.57
8/31/2013 33.33 44.22 2.72 21.93
9/30/2013 41.55 51.33 7.86 25.76
10/31/2013 46.53 55.30 12.08 31.54
11/30/2013 47.86 58.73 14.07 35.54
12/31/2013 51.89 63.79 16.49 38.98
1/31/2014 51.45 60.23 12.17 34.17
2/28/2014 62.15 70.29 17.79 40.31
3/31/2014 52.67 67.14 17.96 41.49
4/30/2014 42.24 64.68 19.17 42.53
5/31/2014 45.19 69.16 21.51 45.88
6/30/2014 52.76 74.45 23.68 48.89
7/31/2014 48.06 69.23 21.71 46.84
8/31/2014 56.06 78.35 24.39 52.71
9/30/2014 52.32 73.18 21.02 50.57
10/31/2014 56.15 77.96 21.80 54.25
11/30/2014 60.32 83.81 24.24 58.40
12/31/2014 60.09 83.29 22.24 58.00
1/31/2015 58.93 80.20 20.02 53.26
2/28/2015 70.70 92.60 27.05 62.06
3/31/2015 72.92 93.14 25.06 59.50
4/30/2015 69.74 91.79 28.00 61.03
5/31/2015 74.85 94.07 28.44 63.10
6/30/2015 75.33 90.94 25.45 59.95
7/31/2015 79.67 94.03 27.70 63.30
8/31/2015 69.83 82.74 19.25 53.44
9/30/2015 63.37 75.68 14.85 49.65
10/31/2015 71.09 86.74 23.96 62.27
11/30/2015 72.34 87.15 23.34 62.75
12/31/2015 69.85 82.92 21.17 60.19
1/31/2016 57.88 69.07 13.92 52.24
2/29/2016 54.76 71.72 13.07 52.03
3/31/2016 64.02 83.98 20.75 62.35
4/30/2016 65.32 83.87 22.66 62.97
5/31/2016 70.75 86.88 23.35 65.90
6/30/2016 72.36 86.85 21.96 66.33
7/31/2016 79.60 96.11 27.12 72.46
8/31/2016 79.20 95.53 27.22 72.71
9/30/2016 78.20 95.43 27.90 72.74
10/31/2016 70.75 87.49 25.42 69.59
11/30/2016 75.38 95.65 27.23 75.87
12/31/2016 73.06 96.33 30.27 79.34
1/31/2017 81.07 102.87 33.42 82.75
2/28/2017 86.55 108.70 37.12 90.00
3/31/2017 87.57 109.86 38.58 90.22
4/30/2017 91.12 112.97 40.63 92.18
5/31/2017 98.72 118.06 43.60 94.88
6/30/2017 97.51 118.71 44.16 96.10
7/31/2017 100.75 122.36 47.61 100.13
8/31/2017 103.80 123.93 47.81 100.74
9/30/2017 107.65 130.26 51.13 104.88

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.

$ per share as of 10/20/2017

Date 2012 2013 2014 2015 2016
Short Term
Long Term 0.7847 1.7708 0.7206 0.1518
Total Amount of Distribution 0.7847 1.7708 0.7206 0.1518
Record Date 12/10/13 12/9/14 12/2/15 12/5/16
Ex Div Date 12/11/13 12/10/14 12/3/15 12/6/16
Pay Date 12/12/13 12/10/14 12/3/15 12/6/16

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

Analytics

(As of 9/30/2017)

Morningstar 9/30/2017 (based on risk adjusted performance)
Overall Rating
Number of Funds
563
Category
Mid-Cap Growth
Analyst Rating (as of 10/18/17)
Bronze
Performance Statistics
3Y
5Y
Alpha
1.75
-1.00
Beta
0.90
0.96
Information Ratio
0.23
-0.38
R-Squared
87.03
81.43
Sharpe Ratio
0.99
1.06
Standard Deviation
10.70
11.65
Sortino Ratio
0.47
0.52
Win Ratio
58.00
52.00
Loss Ratio
42.00
48.00
Tracking Error
4.00
5.04
Dividends
  • D
Est. Frequency
Annual
Last Pay Date
12/6/2016
Per Share ($)
$0.00
Net Income
0.00%
Net Profit from Sale
100.00%
Other Capital Sources
0.00%
12-Month Distribution ($)
$0.00
Portfolio Characteristics
Fund
Fund Index
Average Market Cap (weighted)
$15.40 B
$14.70 B
Median Market Cap (weighted)
$13.60 B
$13.00 B
Trailing P/E
31.86
28.28
P/E Ratio (NTM)
23.64
21.04
Price/Book
5.19
5.93
Return on Equity
17.02%
18.64%
Turnover Ratio
128.00%
-

Top Issuers

(30.6% of assets as of 09/30/17)


Portfolio Holdings Breakdown

Country 5
Developed Markets 5
Equity Sector 5
Industry 5
Asset Allocation 5
Market Cap 6
Country Discovery Mid Cap Growth Fund Russell Midcap Growth Overweight / Underweight
United States 92.9% 99.5% -6.5%
Canada 3.9% - -
Ireland 1.0% - -
Developed Markets Discovery Mid Cap Growth Fund Russell Midcap Growth Overweight / Underweight
Americas 96.8% 99.5% -2.7%
Europe 1.0% - -
Equity Sector Discovery Mid Cap Growth Fund Russell Midcap Growth Overweight / Underweight
Information Technology 25.6% 27.8% -2.1%
Industrials 19.2% 16.7% 2.5%
Health Care 15.5% 14.2% 1.3%
Consumer Discretionary 14.2% 17.4% -3.2%
Financials 8.6% 7.1% 1.5%
Materials 6.6% 6.5% 0.2%
Real Estate 3.4% 3.3% 0.1%
Consumer Staples 3.0% 4.1% -1.2%
Energy 1.7% 2.6% -0.9%
Industry Discovery Mid Cap Growth Fund Russell Midcap Growth Overweight / Underweight
Software 8.8% 7.2% 1.5%
Hotels Restaurants & Leisure 8.3% 3.7% 4.6%
Health Care Equipment & Supplies 6.8% 4.6% 2.2%
IT Services 6.2% 8.0% -1.8%
Life Sciences Tools & Services 4.6% 2.9% 1.7%
Electronic Equipment Instruments & Components 4.6% 2.8% 1.8%
Semiconductors & Semiconductor Equipment 4.5% 6.4% -1.9%
Capital Markets 4.0% 4.3% -0.2%
Machinery 3.9% 4.7% -0.8%
Equity Real Estate Investment Trusts (REITs) 3.4% 3.1% 0.2%
Chemicals 3.3% 2.5% 0.8%
Commercial Services & Supplies 3.2% 1.1% 2.1%
Building Products 2.8% 1.5% 1.4%
Containers & Packaging 2.5% 2.6% 0.0%
Professional Services 2.3% 1.7% 0.6%
Banks 2.3% 1.1% 1.2%
Household Durables 2.1% 1.1% 0.9%
Internet Software & Services 1.7% 1.4% 0.3%
Insurance 1.7% 1.5% 0.2%
Food Products 1.7% 1.8% -0.1%
Asset Allocation Discovery Mid Cap Growth Fund Russell Midcap Growth Overweight / Underweight
Equity 97.8% 100.0% -2.2%
Net Cash and Equivalents 2.2% - -
Market Cap Discovery Mid Cap Growth Fund Russell Midcap Growth Overweight / Underweight
Mid 73.8% 71.5% 2.3%
Large 23.1% 24.9% -1.8%
Small 0.9% 3.5% -2.7%
  1. 1. Special Risks:  Foreign investments may be volatile and involve additional expenses and special risks, including currency fluctuations, foreign taxes, regulatory and geopolitical risks. Emerging and developing market investments may be especially volatile. Investments in securities of growth companies may be volatile. Mid-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 mid-sized company, if any gain is realized at all. 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. Access index definitions.
  4. 4. 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 more likely to outperform over the long term on a risk-adjusted basis. Analysts consider quantitative and qualitative factors and the weightings of each pillar may vary. The Analyst Rating reflects overall assessment and is overseen by Morningstar's Analyst Rating Committee. The analyst rating scale is five-tiered, with three positive 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 cause Mstar's expectations not to occur or to differ significantly.
  5. 5. Holdings are subject to change, and are dollar weighted based on total net 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.
  6. 6. 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.
  7. A. 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.
  8. B. 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.
  9. C. "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.
  10. D. There is no guarantee of the payment of any dividend or other distributions at any level.
×
Loading...
Tiny Button Small Button Large Button Default Button Secondary Button Framed Button Framed Button ( Small Caps )