Fund Research for Turner Concentrated Gr Investor (TTOPX)

  • Fund Overview

    Fund Inception Date: Jun 30, 1999
    Category: Large Growth
    Overall Risk: High
    Fund Family: Turner Investment Partners
    Return Since Inception: -2.01%
    YTD Return: 41.12%
    Yield (TTM): 0.00%
    Net Assets: 36.12 M
    Morningstar Rating:
    1 of 5

    The investment seeks long-term capital growth. The fund invests at least 80% of net assets in common stocks and other equities of U.S. companies, regardless of their market capitalization. It typically has a core position of 15 to 30 stocks and may invest up to 25% of assets in cash or cash equivalent securities in instances where it believes that appropriate buying opportunities are not available. The fund is nondiversified.

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    Size
    Average Market Cap $12,003 M
    Market Capitalization Portfolio
    Giant 15.19%
    Large 41.41%
    Medium 38.96%
    Small 4.44%
    Micro 0.00%
    Morningstar Rating as of 10/31/2009
    YTD Returns as of 11/23/2009    		 Style Box Detail calculations do not include the fund's short positions (if any)

  • Fund Performance

    10 year Growth Chart
    Growth of $10,000 from 06/30/1999 to 10/31/2009
    Mouseover the chart to see values for each month.

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    Total Annualized Returns

    YTD 1 year 3 year 5 year 10 year Since Inception
    Fund 41.12% 62.37% -9.80% -1.49% -6.75% -2.01%
    +/- Category 8.52% 12.21% -5.89% -2.92% -5.30% —
    +/- S&P 500 TR 17.60% 13.57% -3.90% -2.17% -0.95% —

    Standardized Annual Returns

    YTD 1 year 3 year 5 year 10 year Since Inception
    Month (as of 10/31/2009) 32.71% 11.37% -9.61% -1.64% -6.75% -2.01%
    Quarter (as of 09/30/2009) 43.93% -2.99% -6.76% 1.14% -4.31% -1.24%
    Fund and Category YTD, 1yr, 3yr and 5yr Returns as of 11/23/2009
    Index YTD,1yr, 3ys and 5yr Returns as of 11/23/2009 10 yr and Since Inception Returns as of 10/31/2009
    Inception Date: 06/30/1999
    Ratings are based on risk-adjusted performance.
    View Total Returns

  • Fund Portfolio Profile

    Sector Breakdown

    Stocks
    Information 50.89%
    Service 25.13%
    Manufacturing 22.47%

    Asset Allocation

    Short Long Net Assets
    Cash — 1.50% 1.50%
    Stocks — 98.50% 98.50%
    Bonds — 0.00% 0.00%
    Other — 0.00% 0.00%
    Foreign Stocks
    (as a % of assets)    		 — 12.52% 12.52%
    Data as of 08/31/2009 Data as of 08/31/2009 View Fund Portfolio

    Top 10 Holdings

    Sector P/E Return as of 10/31/2009 Net Assets
    + TAIWAN SEMICONDUCTOR MFG LTD (TSM) Hardware 21.54 24.99% 5.83%
    = PULTE HOMES INC (PHM) Industrial Materials — -15.55% 5.44%
    = MICRON TECHNOLOGY INC (MU) Hardware — 151.89% 5.35%
    = ALCATEL-LUCENT (ALU) Telecom — 71.63% 5.22%
    = CORNING INC (GLW) Telecom 16.83 54.67% 5.18%
    = APPLE INC (AAPL) Hardware 32.73 121.15% 5.08%
    * PETROHAWK ENERGY CORP (HK) Energy — 52.66% 4.91%
    * INTERNATIONAL GAME TECHNOLOG (IGT) Hardware 23.26 57.28% 4.90%
    * SCHWAB CHARLES CORP NEW (SCHW) Financial Services 22.75 7.73% 4.69%
    - BROADCOM CORP (BRCM) Hardware — 53.15% 4.65%
    + Increase - Decrease = No change * New since last portfolio
    Top 10 holdings account for the fund's short positions (if any). Net short positions appear shaded.
    P/E as of 11/23/2009
    All other data as of 07/31/2009
    View Fund Portfolio

  • Sales Information

    Sales Charge %

    Initial —
    Deferred —
    Taken from prospectus dated 02/02/2009
    Expense Ratio (based on net assets) 1.53%
    Taken from annual report dated 09/30/2008

  • Fund Management

    Robert E. Turner
    Start Date: 07/01/1999
    • MBA - (Bradley University); BS - Accounting (Bradley University)• 28 years experience• Co-founded Turner in 1990• Previous employment: Meridian Investment Company, IntegonCorporation, McMillon/Eubanks, Andersen Consulting• Board of Directors - Turner Funds, Bradley University; AdvisoryBoard - City Team Ministries, Advisory Council - University ofNotre Dame School of Architecture• CFA Institute; CFA Society of Philadelphia
    Christopher K. McHugh
    Start Date: 07/01/1999
    • MBA - Finance (Saint Joseph’s University); BS - Accounting(Philadelphia University)• 23 years experience• Co-founded Turner in 1990• Previous employment: Provident Capital Management• Board of Trustees - Philadelphia University• Affiliate member of CFA Society of Philadelphia
    Bill McVail
    Start Date: 07/01/1999
    McVail is a principal with Turner Investment Partners, his employer since 1998. Prior to that, he served at BlackRock Equity Advisors from1995 to 1998. McVail holds the Chartered Financial Analyst designation. From 1987 to 1995 he worked as a fixed income research analyst and equity analyst for PNC Investment Management & Research.CFA Institute; CFA Society of Philadelphia