About RWGFX
Wedgewood Fund Retail Class is a mutual fund that concentrates on achieving long-term capital appreciation by investing primarily in equity securities of large-capitalization companies. The fund typically allocates at least 80% of its net assets to stocks of firms with market capitalizations exceeding $5 billion, targeting those that the sub-advisor believes possess above-average growth prospects. With a focused portfolio strategy, the fund generally holds positions in approximately 20 companies, favoring businesses considered market leaders with sustainable competitive advantages. Notably, Wedgewood employs a contrarian growth approach rather than momentum investing, seeking to acquire high-quality growth businesses at attractive valuations. The fund is managed by Wedgewood Partners, under the leadership of an experienced portfolio manager, and maintains a relatively low turnover rate. It is classified within the large growth category, emphasizing large U.S. companies projected to grow faster than their peers, and it has become recognized for its disciplined investment process and concentrated exposure to leading firms in sectors such as technology, communication services, financial services, and health care.
Fund Family RiverPark Funds
Category Large-Cap Growth
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol RWGFX
Share Class Retail Class
Index Russell 1000 Growth TR
RWGFX had a total return of 6.80% in the past year, including dividends. Since the fund's
inception, the average annual return has been 14.85%.
