- What does CLIFX invest in?
- The fund invests primarily in equity securities of companies of any size that the fund's investment adviser believes are trading at a discount to what they are worth at the time of purchase and have the potential for capital appreciation with acceptable downside risks. The Adviser uses a disciplined "bottom-up" selection process to identify equity securities of companies that appear to be selling at a discount to the Adviser's assessment of their potential value.
- What is the expense ratio of CLIFX?
- Lone Peak Value Fund Institutional Class (CLIFX) charges an expense ratio of 0.90%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is CLIFX?
- Lone Peak Value Fund Institutional Class (CLIFX) manages $170.6M 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 CLIFX actively managed or an index fund?
- CLIFX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was CLIFX launched?
- Lone Peak Value Fund Institutional Class (CLIFX) launched in February 2014 and is managed by the fund issuer.
- How has CLIFX performed?
- CLIFX'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.
