FMI Large Cap Fund Investor Class

Frequently Asked Questions About FMIHX

What does FMIHX invest in?

The fund invests mainly in a limited number of large capitalization (namely, companies with more than $5 billion market capitalization at the time of initial purchase) value stocks of companies listed or traded on a national securities exchange or on a national securities association, including foreign securities traded on a national securities exchange or on a national securities association.

What is the expense ratio of FMIHX?

FMI Large Cap Fund Investor Class (FMIHX) charges an expense ratio of 0.84%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FMIHX?

FMI Large Cap Fund Investor Class (FMIHX) manages $990.9M 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 FMIHX actively managed or an index fund?

FMIHX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (FMIHX's is 0.84%) in exchange for the discretion to over- or under-weight positions.

When was FMIHX launched?

FMI Large Cap Fund Investor Class (FMIHX) launched in December 2001 and is managed by the fund issuer.

How has FMIHX performed?

FMIHX'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.