Brandywine Blue Fund
Fund Focus and Strategy
Friess Brandywine Blue Fund emphasizes large-cap companies. The Fund strives to isolate larger companies with above-average earnings growth prospects relative to their peers. While most companies in the portfolio are well known, the portfolio’s composition reflects a focus on companies fueling growth by capturing market share rather than big-name companies with more limited growth potential.
Portfolio characteristics such as sector weightings reflect the Friess team’s efforts to isolate robust earnings growth on the individual-company level. We make no effort to mirror market indexes, typically resulting in a portfolio with lower correlation to large-cap benchmarks. Friess Brandywine Blue Fund aims to beat benchmarks, not mimic them.
Our search for great larger companies includes research involving companies of all sizes. We conduct all-cap research, meaning that our work on a large-cap company is also likely to include interviews with its mid-cap supplier and small-cap vendor. We believe taking a broader view that spans a company’s complete “food chain” positions us to uncover trends that point to opportunity or foreshadow trouble before they become obvious to managers whose focus is narrower.
Where This Fund May Fit As Part Of Your Asset Allocation
The Fund may be appropriate for your overall investment allocation if you are:
Fund Facts (as of 5/31/2022)
Investment Style:
Large Cap
Advisor:
Friess Associates, LLC
Benchmark(s):
Russell 1000® Growth Index; Russell 1000® Index
Fund Net Assets:
$1,011,462
Daily Pricing (as of 5/31/2022)
NAV:
$18.03
NAV $ Change:
$0.00
NAV % Change:
NA
YTD Return at NAV:
NA
Standardized performance will be available after 9/30/21. The performance shown represents past performance and is not a guarantee of future results. Current performance may be lower or higher than the performance data quoted. The investment return and the principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. From time to time, the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. The listed returns and yields of the Fund are net of expenses.
Share Class Facts
| Share Class: | Class I |
| Ticker: | FBLUX |
| Inception Date: | 7/6/2021 |
| Minimum Investment: Initial / Subsequent | $2,000 / $100 |
| 12b-1 Fees: | – |
Performance
Monthly Performance – Investor (as of 3/31/2022)
| Inception | 1 Mo. | 3 Mo. | YTD | 1 Year | 3 Years | 5 Years | 10 Years | Life of Fund | |
|---|---|---|---|---|---|---|---|---|---|
| NAV | 7/6/2021 | 4.23% | -9.93% | -9.93 | -0.25% | ||||
| Russell 1000® Growth Index | 7/6/2021 | 3.91% | -9.04% | -9.04 | 0.74% | ||||
| Russell 1000® Index | 7/6/2021 | 3.37% | -5.13% | -5.13 | 3.34% |
Quarterly Performance – Investor (as of 3/31/2022)
| Inception | 1 Mo. | 3 Mo. | YTD | 1 Year | 3 Years | 5 Years | 10 Years | Life of Fund | |
|---|---|---|---|---|---|---|---|---|---|
| NAV | 7/6/2021 | 4.23% | -9.93% | -9.93 | -0.25% | ||||
| Russell 1000® Growth Index | 7/6/2021 | 3.91% | -9.04% | -9.04 | 0.74% | ||||
| Russell 1000® Index | 7/6/2021 | 3.37% | -5.13% | -5.13 | 3.34% |
The performance shown represents past performance and is not a guarantee of future results. Current performance may be lower or higher than the performance data quoted. The investment return and the principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. From time to time, the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. The listed returns of the Fund are net of expenses, and the returns of the indices exclude expenses.
Expense Ratios – Investor
Gross Expense Ratio:
1.15%
NET Expense Ratio:
1.00%
Expense Cap Expiration Date:
7/1/2022
The Fund’s Adviser has contractually agreed, through at least July 1, 2022, to waive its management fees and/or pay Fund expenses. The net expense ratio reflects this limitation, while the gross expense ratio does not. Please refer to the Fund’s prospectus for additional information on the Fund’s expenses.
Fund Analytics
Top 10 Holdings
| Fund Holdings | % | Russell 1000® Growth Index | % | ||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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Sectors or Industries listed are Global Industries Classifications Standard (GICS® industries, provided by FactSet).
Sector Allocation
Market Cap
Top Industries
Downloadable Documents
Fund Information:
The Friess Brandywine Blue Fund will make a short-term capital gains distribution of approximately $0.242 per share to shareholders of record on May 4, 2022 and payable on May 5, 2022.
Prospectus & Reports:
Applications & Forms
Investors should carefully consider the Friess Brandywine Blue Fund’s investment objectives, risks, charges and expenses before investing. For this and other information, please call (855) 656-3017 or visit www.friessfunds.com. Read the Prospectus carefully before investing.
Risks
Mutual fund investing involves risk. Principal loss is possible. Please see the Funds’ prospectus for additional information.
See Disclosures for Index and Financial Term Definitions
Friess Brandywine Blue Fund is distributed by Foreside Fund Services, LLC
