About NCLEX
Nicholas Limited Edition, Inc. Class I is an actively managed mutual fund focused on small-cap growth equities. Since its inception in 1987, the fund has specialized in investing in companies with market capitalizations generally between $500 million and $2 billion. Its investment strategy centers on identifying small-cap firms with sound business models, strong earnings growth prospects, and stocks trading at valuations that offer a margin of safety relative to their long-term potential. The fund employs a blend of growth and value investing principles, seeking to own smaller companies poised to develop into mid-sized firms over time. With a moderate portfolio turnover and broad diversification, the fund aims to manage the inherent volatility of small-cap stocks while pursuing capital appreciation. Nicholas Limited Edition, Inc. Class I is managed by a seasoned team, with David O. Nicholas, CFA, as the long-standing portfolio manager. The fund is positioned within the small growth category and serves institutional investors, requiring a higher minimum initial investment. Its portfolio is diversified across sectors, with recent top holdings in healthcare, technology, and industrials, reinforcing its commitment to dynamic, growth-oriented small-cap opportunities.
Fund Family Nicholas
Category Small Growth
Performance Rating Below Average
Risk Rating Low
Stock Exchange Nasdaq
Ticker Symbol NCLEX
Share Class Class I
Index Russell 2000 Growth TR
NCLEX had a total return of -1.21% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.04%.
