Business innovations may be found in any industry and in almost any region of the globe. Innovative companies in the developed world today are often driven by the same incentives: the rapid pace of technological change and fierce competition from emerging markets. The pressure is on for companies to innovate at a faster pace than ever.

When innovation is ingrained in corporate culture, a competitive edge is created, and market leadership can be maintained.

Now you can reap potential rewards by investing in companies that are creating value through original thinking. Our Global Innovators Fund invests in companies that are positioned for advances in technology, communication, globalism and innovative management. We invest in stocks from a diverse range of industries and a wide variety of developed countries, including the U.S.

Read more in our whitepaper Global Innovators Fund: Investment Process and Fund Performance

Global Innovators, Investor Class
Avg. Annualized
Total Return
Calendar YTD 1 Year 3 Years 5 Years 10 Years Since
Inception
Monthly through
05/31/2019
11.49% -9.49% 10.86% 6.98% 13.60% 7.25%
Quarterly through
03/31/2019
17.91% -2.93% 13.30% 8.99% 16.38% 7.61%

 

Global Innovators, Institutional Class
Avg. Annualized
Total Return
Calendar YTD 1 Year 3 Years 5 Years 10 Years Since
Inception
Monthly through
05/31/2019
11.60% -9.25% 11.14% 7.16% 13.69% 7.30%
Quarterly through
03/31/2019
17.98% -2.70% 13.59% 9.16% 16.47% 7.65%
Performance data quoted represents past performance and does not guarantee future results. The investment return and 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. Current performance of the Funds may be lower or higher than the performance quoted. Total returns reflect a fee waiver in effect and in the absence of this waiver, the total returns would be lower. Performance data does not reflect the 2% redemption fee for shares held less than 30 days and if deducted the fee would reduce the performance quoted.

Fund holdings and/or sector allocations are subject to change at any time and are not recommendations to buy or sell any security.

GLOBAL INNOVATORS FUND HOLDINGS (as of 05/31/2019)
1.SAP SE 3.96%
2.Roper Industries Inc 3.92%
3.Comcast Corp - A Shares 3.90%
4.New Oriental Education & Technology Group Inc 3.86%
5.Facebook Inc 3.78%
6.PayPal Holdings Inc 3.76%
7.Intercontinental Exchange Inc 3.66%
8.Danaher Corp 3.63%
9.Schneider Electric SE 3.59%
10.Applied Materials Inc 3.44%
TOP INDUSTRY SECTORS (as of 05/31/2019)
Diversified Manufacturing Operations 10.24%
Semiconductor 10.15%
Electronic Components - Semiconductor 8.64%
Machinery 7.01%
Web Portals 5.53%
Enterprise Software/Services 3.96%
Cable/Satellite TV 3.90%
Schools 3.86%
Internet Content - Entertainment 3.78%
Commercial Services 3.76%
GEOGRAPHIC WEIGHT (as of 05/31/2019)
United States 51.87%
China 15.23%
Germany 13.01%
France 3.59%
Japan 3.25%
Israel 3.22%
South Korea 3.13%
Switzerland 3.09%
Taiwan 2.47%

Performance data shown for Global Innovators, Institutional Class (GINNX), prior to its launch date on 12/31/15, uses performance data from the Global Innovators, Investor Class (IWIRX).  

The Advisor has contractually agreed to reimburse expenses (excluding Acquired Fund Fees and Expenses, interest, taxes, dividends on short positions and extraordinary expenses) in order to limit the Fund’s Total Annual Operating Expenses to 0.99% or 1.24% through June 30, 2020.  To the extent that the Advisor absorbs expenses to satisfy this cap, it may recoup a portion or all of such amounts absorbed at any time within three fiscal years after the fiscal year in which such amounts were absorbed, subject to the expense cap in place at the time recoupment is sought, which cannot exceed the expense cap at the time of waiver. The expense limitation agreement may be terminated by the Board of the Fund at any time without penalty upon 60 days’ notice.