Edgewood Growth Fund Institutional Shares (EGFIX)

Overview

The company operates as an investment fund that focuses on a targeted yet diverse range of equity securities. With an investment strategy that concentrates on a core group of 15-35 stocks, including both common stocks and sponsored American Depositary Receipts (ADRs), the fund aims to cater to investors looking for exposure to a mix of company sizes. While the fund exhibits a preference for larger capitalization issuers, defined as companies with market capitalizations in excess of $10 billion, it does not shy away from investing in both small-capitalization companies, ranging between $100 million and $4 billion, and medium-capitalization companies, which fall between the $4 billion and $10 billion market cap range. Operating as a non-diversified fund, it provides a concentrated investment approach, targeting sectors and stocks that the management believes have the potential for growth.

Products and Services

• Equity Securities Investment

  The fund's primary product is its investment in equity securities. This encompasses a balanced mix of common stocks and sponsored American Depositary Receipts (ADRs), offering investors an opportunity to diversify their portfolios across different companies and industries. By focusing on a core group of 15-35 stocks, the fund aims to achieve a strategic balance between risk and potential returns.

• Larger Capitalization Issuers

  Investments primarily target larger capitalization issuers, which are companies with market capitalizations in excess of $10 billion. This strategy is pursued with the expectation that larger companies provide a more stable investment due to their established market presence and generally consistent performance. However, the fund's strategy allows for flexibility, incorporating a mix of company sizes to optimize potential growth opportunities.

• Small to Medium-Capitalization Companies

  In addition to focusing on larger companies, the fund allocates a portion of its investments towards small and medium-capitalization companies. Small-capitalization companies are defined as those with market capitalizations between $100 million and $4 billion, whereas medium-capitalization companies are those with market caps between $4 billion and $10 billion. This strategic inclusion allows the fund to tap into the growth potential of smaller, possibly more agile companies, diversifying its portfolio and potentially enhancing returns.

• Non-Diversified Fund Strategy

  As a non-diversified fund, the investment strategy is concentrated, targeting specific sectors or stocks believed to have high growth potential. This focused approach allows the fund to invest more significantly in its chosen equity securities, potentially leading to higher returns for investors. However, this strategy also involves a higher level of risk compared to diversified funds, as the fund's performance is more closely tied to the fortunes of a smaller number of investments.