Champlain Mid Cap reopened all share classes to new investors on Jan. 17, 2023. The reopening comes after its asset base depreciated from a peak of roughly $14 billion at year-end 2021 to $10 billion one year later. The strategy remains one of the largest in the mid-cap growth Morningstar Category, so capacity will be worth monitoring closely, but Champlain has a history of prudent capacity management across all its strategies. This one closed to new investors in late 2017 when assets were around $5 billion, with appreciation rather than flows driving its subsequent growth.
- NAV / 1-Day Return 21.00 / 0.14 %
- Total Assets 5.0 Bil
-
Adj. Expense Ratio
0.840%
- Expense Ratio 0.840%
- Distribution Fee Level Average
- Share Class Type Institutional
- Category Mid-Cap Growth
- Investment Style Mid Growth
- Min. Initial Investment 1,000,000
- Status Open
- TTM Yield 0.00
- Turnover 32%
Morningstar’s Analysis CIPIX
Will CIPIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
People Pillar
Parent Pillar
Champlain Mid Cap Reopens to New Investors
Analyst Note
|- Current Portfolio Date Dec 31, 2022
- Equity Holdings 63
- Bond Holdings 0
- Other Holdings 3
- % Assets in Top 10 Holdings 28.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector