Mutual Fund Insights: IPO Plus Aftermarket Fund (IPOSX)

In-depth Analysis of IPO Plus Aftermarket (IPOSX)

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See IPO Plus Aftermarket Fund (IPOSX) performance details as of October 31, 2009

  

Last Trade: $11.02 on 11/20/2009, Change: -0.07 (-0.63%)

  

Fund Manager - Linda R. Killian

Fund Manager Tenure: 11.9 years
Fundmojo Fund Grade: E (Score: 0.35)     (What does this score mean?)

Linda R. Killian is a founder and principal of Renaissance Capital Corporation. Prior to forming the firm in 1991, Linda R. Killian was a portfolio manager and analyst with Wertheim Schroder Investment Services, where Linda R. Killian managed broadly diversified equity and balanced accounts. Prior to Wertheim Schroder, Linda R. Killian was a portfolio manager and equity analyst with Citicorp Investment Management where Linda R. Killian created, managed and researched the Medium Capitalization Stock Fund. Linda R. Killian holds the Chartered Financial Analyst designation.

  

Performance	Management Fee	Turnover rate
IPOSX: 5.31% , -5.49% , -0.82% Category Average: 16.23% , -5.36% , 1.68%	IPOSX: 2.64% Category Average: 1.46%	IPOSX: 430.00% Category Average: 130.04%

See IPO Plus Aftermarket Fund (IPOSX) performance details as of October 31, 2009

  

 What we like about IPO Plus Aftermarket Fund (IPOSX)

Data for IPO Plus Aftermarket Fund (IPOSX) as of October 31, 2009

• IPO Plus Aftermarket Fund (IPOSX) management has been with IPO Plus Aftermarket Fund for 11.9 years
• IPO Plus Aftermarket Fund (IPOSX) ratio of up-years vs down years is greater than 2
• IPO Plus Aftermarket Fund (IPOSX) is less volatile than its peers as it has a 3-year Standard Deviation of 17.16, lower than category average of 23.37

  

 What we are cautious about IPO Plus Aftermarket Fund (IPOSX)

Data for IPO Plus Aftermarket Fund (IPOSX) as of October 31, 2009

• IPO Plus Aftermarket Fund is a focused fund with 57.82% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
• IPO Plus Aftermarket Fund (IPOSX) has a less-than-ideal short-term performance (1-year return 5.31% vs 16.23% Mid-Cap Growth category average)
• IPO Plus Aftermarket Fund (IPOSX) has a less-than-ideal mid-term performance (3-year return -5.49% vs -5.36% Mid-Cap Growth category average)
• IPO Plus Aftermarket Fund (IPOSX) has a less-than-ideal Long-term performance (5-year return -0.82% vs 1.68% Mid-Cap Growth category average)
• IPO Plus Aftermarket Fund (IPOSX) has a Morningstar rating of 3 and below
• IPO Plus Aftermarket Fund (IPOSX) is less safe compared to its Mid-Cap Growth peers
• IPO Plus Aftermarket Fund (IPOSX) has an annual stock turnover rate of 430.00% that is higher than the Mid-Cap Growth average of 130.04%. This could mean IPO Plus Aftermarket is more nimble, but also signal potential high tax impact and high trading fees
• IPO Plus Aftermarket Fund (IPOSX) does not have a good risk adjusted return as its 3-year Alpha of -1.49 is worse than category average of 3.31, and its 3-year Sharpe ratio is -0.39
• IPO Plus Aftermarket Fund (IPOSX) has a higher management fee of 2.64% than its Mid-Cap Growth average of 1.46%
• Even though IPO Plus Aftermarket Fund carries no load, it does have a 0.50% of 12b1 promotion, distributions, marketing expenses

  

  

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IPO Plus Aftermarket Fund (IPOSX) Net Asset

Track net asset change of IPO Plus Aftermarket fund (IPOSX)

Date	Net Asset
10/2009	$9.63M
09/2009	$10.08M
08/2009	$9.59M

More historic net asset information on IPO Plus Aftermarket Fund (IPOSX)

  

IPO Plus Aftermarket Fund (IPOSX) Portfolio Allocation

Track portfolio allocation change of IPO Plus Aftermarket fund (IPOSX)

Date	Cash	Stock	Bond	Other
06/2009	0.06%	99.95%	0%	0%
03/2009	0.2%	103.02%	0%	0%
12/2008	0.34%	99.66%	0%	0%

Click here to see more historic asset allocation information on IPO Plus Aftermarket Fund (IPOSX)

  

Most Recent Top 10 Holdings in IPO Plus Aftermarket Fund (IPOSX)

Discover what IPO Plus Aftermarket Fund (IPOSX) manager is buying

30-Jun-09 VISA INC. [6.48%] Constant Contact, Inc. [6.47%] athenahealth, Inc. [6.42%] MEAD JOHNSON NUTRITI [6.1%] RACKSPACE HOSTING [5.93%] MSCI INC [5.65%] MedAssets, Inc. [5.62%] ITC HOLDINGS CORP [5.25%] SOLERA HOLDINGS INC [4.99%] DIGITALGLOBE, INC [4.91%]

31-Mar-09 ITC HOLDINGS CORP [8.79%] CONCHO RESOURCES INC [6.45%] MEAD JOHNSON NUTRITI [6.4%] BURGER KING HOLDINGS [6.36%] VISA INC. [6.3%] American Public Education, Inc. [5.83%] SAIC INC [5.65%] AMERICAN WTR WRKS CO [5.58%] CardioNet, Inc. [5.3%] Genoptix, Inc. [5.16%]

31-Dec-08 ITC HOLDINGS CORP [9.66%] AMERICAN WTR WRKS CO [6.63%] VISA INC. [6.52%] SAIC INC [6.46%] NEW ORIENTAL EDUCATI [6.45%] CONCHO RESOURCES INC [6.31%] athenahealth, Inc. [6.24%] BURGER KING HOLDINGS [5.94%] Genoptix, Inc. [5.18%] INTREPID POTASH INC [5.16%]

Click here for Stock Holding Change Map in IPO Plus Aftermarket Fund (IPOSX)

  

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Latest News on IPO Plus Aftermarket (IPOSX)

See what is happening with IPO Plus Aftermarket Fund (IPOSX)

Three IPO Funds to Watch (at TheStreet.com) [$$] IPO ETFs and Mutual Funds Face Challenges (at RealMoney by TheStreet.com) See more news on IPO Plus Aftermarket Fund (IPOSX)

  

Unique Method to Discover Best Fund Managers with Proven Results

Financial Optimization through Technology Innovation

• Fund Mojo Score is 0.75 (A+) and above
• Fund Manager has been with the fund for more than 5 years
• Key performances (1-year, 3-year and 5-year performance) beat its category peers
• 5-year return is positive
• Initial investment requirement is less or equal to $10,000

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