About RWGIX
RiverPark/Wedgewood Fund Class Institutional is an actively managed mutual fund focused on achieving long-term capital appreciation. The fund primarily invests in common stocks of large-cap companies, emphasizing those with market capitalizations exceeding $5 billion and demonstrating above-average growth prospects. Managed by RiverPark Funds since its inception in 2010, this fund is classified within the large growth category, typically targeting U.S. companies that are expected to grow faster than the broader large-cap market.
A hallmark of the fund is its concentrated portfolio; as of early 2025, approximately 70% of assets are allocated to its top 10 holdings, which include prominent names in technology, communication services, financial services, and healthcare, such as Meta Platforms, Alphabet, Taiwan Semiconductor, and Apple. The fund carries an institutional share class structure, featuring a minimum investment threshold of $50,000 and a net expense ratio of 1.00%. Through a focused, high-conviction approach, RiverPark/Wedgewood Fund Class Institutional plays a distinct role in the market by providing targeted exposure to large-cap growth equities.
Fund Family RiverPark Funds
Category Large Growth
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol RWGIX
Share Class Institutional Class
Index Russell 1000 Growth TR
RWGIX had a total return of 6.84% in the past year, including dividends.
Since the fund's inception, the average annual return has been 14.90%.
