Clarkston Partners Fund Institutional Class

Frequently Asked Questions About CISMX

What does CISMX invest in?

Under typical market conditions, the fund predominantly channels its investments into equity securities issued by U.S. companies with small and medium market capitalizations. Its holdings within this equity category may encompass common stocks, preferred stocks, and convertible securities. The fund also retains the flexibility to invest in international equity markets through American Depositary Receipts (ADRs). The Adviser's selection process focuses on identifying high-quality businesses that are perceived as undervalued relative to their anticipated long-term free cash flows. It is important to note that this fund is classified as non-diversified.

What is the expense ratio of CISMX?

Clarkston Partners Fund Institutional Class (CISMX) charges an expense ratio of 1.00%. This is the annual fee deducted from fund assets to cover management and operations.

How big is CISMX?

Clarkston Partners Fund Institutional Class (CISMX) manages $643.4M 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 CISMX actively managed or an index fund?

CISMX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was CISMX launched?

Clarkston Partners Fund Institutional Class (CISMX) launched in September 2015 and is managed by the fund issuer.

How has CISMX performed?

CISMX'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.