CLARKSTON FOUNDERS FUND, Institutional Class

Frequently Asked Questions About CIMDX

What does CIMDX invest in?

Typically, this fund primarily allocates its capital to common stocks of U.S. companies with medium market valuations. Nevertheless, it maintains the flexibility to invest in the equities of businesses with either smaller or larger market capitalizations. The fund's overarching aim is to deliver significant capital growth over an extended period, simultaneously endeavoring to mitigate market volatility and inherent investment risks. To achieve this, the Adviser focuses on selecting high-quality firms deemed undervalued in comparison to their anticipated long-term free cash flow generation. This fund is structured as non-diversified.

What is the expense ratio of CIMDX?

CLARKSTON FOUNDERS FUND, Institutional Class (CIMDX) charges an expense ratio of 0.95%. This is the annual fee deducted from fund assets to cover management and operations.

How big is CIMDX?

CLARKSTON FOUNDERS FUND, Institutional Class (CIMDX) manages $851.7M 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 CIMDX actively managed or an index fund?

CIMDX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (CIMDX's is 0.95%) in exchange for the discretion to over- or under-weight positions.

When was CIMDX launched?

CLARKSTON FOUNDERS FUND, Institutional Class (CIMDX) launched in January 2017 and is managed by the fund issuer.

How has CIMDX performed?

CIMDX'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.