Edgewood Growth Fund Retail Class (EGFFX)

Overview

The fund is an investment entity that focuses on acquiring equity securities, primarily targeting a core lineup of 15-35 holdings. These holdings comprise common stocks and sponsored American Depositary Receipts (ADRs), showing a preference for larger capitalization issuers, specifically those with market valuations exceeding $10 billion. Despite its inclination towards larger entities, the fund does not shy away from engaging with small and medium-capitalization companies, spanning market capitalizations from $100 million to $4 billion and $4 billion to $10 billion, respectively. This approach indicates a flexible yet focused investment strategy, aiming to balance between growth potential and market stability. Notably, the fund is classified as non-diversified, which suggests a deliberate strategy to invest in a select number of companies, potentially increasing its exposure to the financial health and market performance of these entities.

Products and Services

The fund offers a range of investment opportunities, primarily structured around equity securities such as common stocks and sponsored American Depositary Receipts (ADRs). Each of these products and services is characterized by distinct features and target audiences:

• Common Stocks - These are shares that represent ownership in a company, offering investors a proportionate stake in the company's profits, often through dividends, and voting rights. Investors in common stocks through the fund can expect exposure to the company's financial performance, participating in its growth and profitability.
• Sponsored American Depositary Receipts (ADRs) - Sponsored ADRs allow investors to invest in foreign companies while these securities are traded on U.S. exchanges. This offering is particularly appealing for investors looking to diversify their portfolio internationally without the complexities of directly accessing foreign markets. ADRs represent a share in a company not based in the U.S., offering a blend of exposure to international growth opportunities and the regulatory and financial conveniences of U.S.-based investments.