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Morningstar

Independent Franchise Partners US Equity IFPUX

Morningstar Medalist Rating
Medalist Rating as of | See Independent Franchise Partners Investment Hub
  • NAV / 1-Day Return 18.33  /  0.38 %
  • Total Assets 1.8 Bil
  • Adj. Expense Ratio
    0.680%
  • Expense Ratio 0.680%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Large Blend
  • Investment Style Large Blend
  • Min. Initial Investment 3,000,000
  • Status Open
  • TTM Yield 0.94%
  • Turnover 26%

USD | NAV as of May 26, 2023 | 1-Day Return as of May 26, 2023, 10:50 PM GMT+0

Morningstar’s Analysis IFPUX

Will IFPUX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable IFPUX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the IFPUX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of IFPUX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Manager Research

Morningstar Manager Research

Summary

A strong management team and sound investment process underpin Independent Franchise Partners US Equity's Morningstar Medalist Rating of Gold. The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings IFPUX

More IFPUX Holdings
  • Current Portfolio Date Mar 31, 2023
  • Equity Holdings 27
  • Bond Holdings 0
  • Other Holdings 3
  • % Assets in Top 10 Holdings 49.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

RB Global Inc

5.48
94,841,741
Industrials

Booking Holdings Inc

5.42
93,836,961
Consumer Cyclical

Oracle Corp

5.41
93,706,196
Technology

Bristol-Myers Squibb Co

5.41
93,614,037
Healthcare

Philip Morris International Inc

5.32
92,115,784
Consumer Defensive

Compagnie Financiere Richemont SA Class A

4.91
84,928,168
Consumer Cyclical

Salesforce Inc

4.66
80,734,095
Technology

Novartis AG Registered Shares

4.53
78,517,802
Healthcare

Zillow Group Inc Class C

4.51
78,159,093
Communication Services

Aon PLC Class A

4.19
72,483,910
Financial Services