RiverPark/Next Century Growth Fund Retail Class (RPNCX)

Overview

The fund is designed to focus on investment in small cap companies, defining its core investment threshold based on the market capitalization metric. Specifically, it invests at least 80% of its net assets, along with any borrowed funds meant for investment purposes, into equity securities of small cap companies. These companies are characterized by their market capitalization being less than that of the largest company listed in the Russell 2000® Index, as assessed on a rolling three-year basis. This strategy implies a dynamic adjustment of the investment scope, reflecting changes in the market size of the largest constituents of the Russell 2000® Index over time. The emphasis on small cap companies stems from the belief in their potential for growth and the opportunities they present for discerning investors seeking to diversify their portfolios and potentially enhance returns relative to the broader market.

Products and Services

• Equity Investments in Small Cap Companies

  This primary service involves the allocation of at least 80% of the fund's net assets, plus borrowing for investment purposes, to equity securities of small cap companies. This approach leverages the supposed growth potential and market dynamics of smaller companies. Equity investments are made selectively, based on the criterion that the market capitalization of these companies must be less than that of the largest company in the Russell 2000® Index, evaluated on a rolling three-year basis. The fund seeks to capitalize on the agility and potential higher growth rates of small cap entities, which might be overlooked by investors focused on larger, more established companies.