Polen Focus Growth remains a solid large-growth choice, but lower conviction leads to a Process downgrade to Above Average from High. Unfavorable style headwinds aside, individual stock missteps and being slow to act on conviction have eroded some of our conviction in an otherwise solid quality growth approach. Even so, the strategy still benefits from a deeply experienced team capable of regaining its footing. Investors should pay close attention to fees here, as they vary considerably based on vehicle and share class: US offerings include a mutual fund, an active exchange-traded fund, and separately managed accounts, plus a mutual fund for UCITS investors.
Polen Growth Fund Investor Class POLRX
- NAV / 1-Day Return $31.84 / +1.40 %
- Fund Size $1.5B
- Adjusted Expense Ratio 1.240%
- Net Expense Ratio 1.240%
- Fee Level: Distribution High
- Share Class Type No Load
- Morningstar Category Large Growth
- Equity Style Box (Funds) Large Growth
- Minimum Initial Investment $3,000
- Investment Status Open
- TTM Yield 0.00%
- Turnover Ratio 49%
Morningstar’s Analysis POLRX
Will POLRX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 62.9
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Top 10 Holdings
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% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Microsoft Corp | 9.02 | 143M | Technology |
NVIDIA Corp | 7.47 | 119M | Technology |
ServiceNow Inc | 7.20 | 115M | Technology |
Broadcom Inc | 6.44 | 102M | Technology |
Amazon.com Inc | 6.03 | 96M | Consumer Cyclical |
Alphabet Inc Class C | 5.93 | 94M | Communication Services |
Visa Inc Class A | 5.67 | 90M | Financial Services |
Mastercard Inc Class A | 5.61 | 89M | Financial Services |
Oracle Corp | 4.89 | 78M | Technology |
Eli Lilly and Co | 4.67 | 74M | Healthcare |