Madison Large Cap Fund Class Y (MINVX)

Overview

The fund operates as an investment vehicle targeting the acquisition of common stock from established, high-quality companies. This selection is carried out through a meticulous process of bottom-up fundamental analysis. The primary investment objective of the fund is to provide a steady growth of capital by focusing on a compact, carefully chosen portfolio of equities. It adheres to a policy of investing at least 80% of its net assets (this includes the use of borrowings for investment purposes) in high-quality securities under normal market conditions, demonstrating a focused investment approach aimed at minimizing risk while seeking to maximize returns.

Products and Services

The fund offers a distinct set of investment products and services geared towards individual and institutional investors seeking exposure to high-quality stocks, including:

• - Equity Investments in High-Quality Companies: The cornerstone of the fund’s strategy is its investment in the common stock of established, high-quality companies. This is achieved through comprehensive bottom-up fundamental analysis, with the aim of ensuring the growth of capital over time.
• - Concentrated Portfolio: The fund maintains a concentrated portfolio, generally investing in only 25-40 companies at any given time. This approach allows for in-depth analysis and understanding of each holding, potentially leading to better investment outcomes.
• - Foreign Securities Investment: Up to 35% of the fund’s assets may be invested in foreign securities, including American Depositary Receipts (ADRs) and emerging market securities. This offers investors exposure to global markets and the potential to benefit from the growth of foreign economies and companies.