Lisanti Small Cap Growth Fund

Frequently Asked Questions About ASCGX

What does ASCGX invest in?

This fund primarily allocates at least 80% of its total assets, including any funds acquired through borrowing, to the stock of smaller, less established U.S. companies. The investment adviser actively seeks out firms that are either in their early developmental stages or undergoing significant transitional periods, believing these companies possess promising prospects for above-average growth.

What is the expense ratio of ASCGX?

Lisanti Small Cap Growth Fund (ASCGX) charges an expense ratio of 3.06%. This is the annual fee deducted from fund assets to cover management and operations.

How big is ASCGX?

Lisanti Small Cap Growth Fund (ASCGX) manages $14.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is ASCGX actively managed or an index fund?

ASCGX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (ASCGX's is 3.06%) in exchange for the discretion to over- or under-weight positions.

When was ASCGX launched?

Lisanti Small Cap Growth Fund (ASCGX) launched in March 2004 and is managed by the fund issuer.

How has ASCGX performed?

ASCGX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.