Jensen Quality Growth Fund

Frequently Asked Questions About JENIX

What does JENIX invest in?

To achieve its objective, the fund invests in equity securities of approximately 25 to 30 companies. Under normal circumstances, the fund invests at least 80% of its net assets (plus borrowings for investment purposes) in equity securities of companies meeting the criteria for quality and growth as determined by the fund’s investment adviser,Jensen Investment Management, Inc. (the “Adviser”). It is non-diversified.

What is the expense ratio of JENIX?

Jensen Quality Growth Fund (JENIX) charges an expense ratio of 0.60%. This is the annual fee deducted from fund assets to cover management and operations.

How big is JENIX?

Jensen Quality Growth Fund (JENIX) is one share class of a fund that manages $2.52B across all of its share classes (JENSX, JENYX report the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is JENIX actively managed or an index fund?

JENIX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (JENIX's is 0.60%) in exchange for the discretion to over- or under-weight positions.

When was JENIX launched?

Jensen Quality Growth Fund (JENIX) launched in July 2003 and is managed by the fund issuer.

How has JENIX performed?

JENIX'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.