Riverpark/Next Century Growth Retail (RPNCX)
| Fund Assets | 12.10M |
| Expense Ratio | 1.40% |
| Min. Investment | $1,000 |
| Turnover | 93.00% |
| Dividend (ttm) | 0.02 |
| Dividend Yield | 0.14% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 15.63 |
| YTD Return | 32.01% |
| 1-Year Return | 47.87% |
| 5-Year Return | n/a |
| 52-Week Low | 10.41 |
| 52-Week High | 16.79 |
| Beta (5Y) | n/a |
| Holdings | 58 |
| Inception Date | n/a |
About RPNCX
RiverPark/Next Century Growth Fund Retail Class is a mutual fund focused on achieving long-term capital appreciation by investing primarily in small-cap companies. Managed by RiverPark Advisors, LLC with Next Century Growth Investors, LLC as sub-adviser, the fund emphasizes companies exhibiting or expected to develop above-average revenue and earnings growth compared to the broader market. It seeks high-quality, fast-growing businesses with strong management, targeting those positioned for sustained or emerging expansion. The Retail Class is tailored to individual investors, featuring a minimum initial investment of $1,000 and a net expense ratio of 1.40% due to fee waivers in place through at least January 2025. The fund plays a significant role for investors seeking exposure to dynamic segments of the U.S. small-cap equity market and leverages a bottom-up, fundamental research approach to identify potential growth leaders. Since its inception in 2023, the fund has aimed to capitalize on the innovation and growth prospects characteristic of emerging American businesses.
Performance
RPNCX had a total return of 47.87% in the past year, including dividends. Since the fund's inception, the average annual return has been 16.24%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| RPNIX | Institutional Class Shares | 1.15% |
Top 10 Holdings
35.23% of assets| Name | Symbol | Weight |
|---|---|---|
| Astronics Corporation | ATRO | 4.37% |
| Sterling Infrastructure, Inc. | STRL | 4.08% |
| MACOM Technology Solutions Holdings, Inc. | MTSI | 4.02% |
| Lattice Semiconductor Corporation | LSCC | 3.83% |
| Coherent Corp. | COHR | 3.42% |
| Carpenter Technology Corporation | CRS | 3.33% |
| FTAI Aviation Ltd. | FTAI | 3.31% |
| Alignment Healthcare, Inc. | ALHC | 3.15% |
| RBC Bearings Incorporated | RBC | 2.88% |
| Artivion, Inc. | AORT | 2.82% |