Frost Core Growth Equity Fund Institutional Class (FICEX)

Overview

The fund described is focused on investing primarily in equity securities, dedicating at least 80% of its net assets, along with any borrowings for investment purposes, to this type of investment. It shows a preference for domestic companies but remains open to opportunities in foreign companies and American Depositary Receipts (ADRs). Emphasizing a long-term investment strategy, the fund aims to maintain low portfolio turnover, indicating a buy-and-hold mindset towards its investments. Furthermore, it operates as a non-diversified fund, suggesting a potentially higher risk and reward strategy due to the concentrated investment portfolio.

Products and Services

The fund offers a specialized investment product with specific characteristics:

• Equity Securities Investment: The cornerstone of the fund’s investment strategy, focusing on purchasing stocks or equity securities of companies. By allocating at least 80% of its net assets to equity securities, the fund seeks to capitalize on the growth potential of these investments, aiming for long-term capital appreciation.
• Domestic and Foreign Company Investments: While the fund primarily invests in domestic companies, it is not limited to the U.S. market alone. It also explores opportunities in foreign companies and ADRs, providing potential for diversified exposure across different economies and sectors.
• Long-term Holding Strategy: The fund’s strategy to buy and hold securities for the long term reflects a commitment to seeking out and investing in value over time, rather than engaging in frequent trading. This approach is intended to minimize transaction costs and capitalize on the long-term growth potential of investments.
• Low Portfolio Turnover: Keeping portfolio turnover to a minimum is a deliberate strategy to reduce trading expenses, which can erode investment returns over time. This approach is in line with the fund’s long-term investment horizon and value investment philosophy.
• Non-diversified Status: Operating as a non-diversified fund allows the fund to make more concentrated investments in fewer securities. While this can lead to higher volatility and risk, it also offers the potential for higher returns, making it suitable for investors with a higher risk tolerance.