Fund Facts
# of Holdings
Net AUM
Primary Benchmark
Oldest Share Class Inception
A Performance-Oriented Growth Strategy
The Cromwell Tran Sustainable Focus Fund is a high-conviction, performance-oriented concentrated equity portfolio comprised of approximately 15-25 holdings. For the Fund, Tran Capital Management seeks high-quality mid- and large-cap companies with above-average growth and sustainable competitive advantages, purchased at what the portfolio managers believe to be attractive valuations at the time of investment.
Investment Management
Reasons to Invest
-
1
Sustainable Growth at Attractive Prices
The portfolio managers scour the universe for exceptionally managed, well-run companies that offer long-term growth potential, purchased at what are considered to be reasonable prices. -
2
Intensive Research Process
Using an intensive fundamental due diligence research process, the portfolio managers attempt to identify companies with owner-oriented management teams that, in their view, generate consistently high returns on capital. -
3
High Conviction, High Active Share
The actively managed Fund is focused on a concentrated number of mid- and large-cap companies, between approximately 15-25 holdings. As such, the Fund can serve as a high-conviction, alpha-generating complement to a core equity strategy.
Fund Performance (%)
As of 2/28/25
| Class | MTD | YTD | 1 Yr | 3 Yr | 5 Yr | 10 Yr | Since Inception |
|---|---|---|---|---|---|---|---|
| Institutional Class | -4.95 | -1.03 | 7.09 | 1.82 | 9.36 | 8.87 | 8.40 |
| Investor Class | -4.97 | -1.01 | 6.79 | 1.57 | 9.05 | 8.59 | 8.12 |
| S&P 500 Index | -1.30 | 1.44 | 18.41 | 12.55 | 16.85 | 12.98 | 10.47 |
As of 12/31/24
| Class | QTD | YTD | 1 Yr | 3 Yr | 5 Yr | 10 Yr | Since Inception |
|---|---|---|---|---|---|---|---|
| Institutional Class | -0.14 | 15.44 | 15.44 | -1.91 | 8.90 | 9.38 | 8.55 |
| Investor Class | -0.30 | 15.00 | 15.00 | -2.19 | 8.60 | 9.10 | 8.27 |
| S&P 500 Index | 2.41 | 25.02 | 25.02 | 8.94 | 14.53 | 13.10 | 10.45 |
Expense Ratios (gross/net): Institutional 1.37%/0.85%, Investor 1.62%/1.10%
Source: Morningstar
Hypothetical Growth of $10,000 As of 12/31/24
The Fund’s Investment Manager has contractually agreed to limit fund operating expenses through 8/31/24. Please refer to the prospectus for detailed information.
The performance data shown represents past performance. Past performance is not a guarantee of future results. Current performance may be lower or higher than the performance data quoted. The investment return and the principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. For performance information through the most recent month end please call 855.625.7333 or visit thecromwellfunds.com.
Effective at the close of business on 8/5/22, the Tran Capital Focused Fund (the Predecessor Fund), reorganized into the Fund. Performance shown prior to the close of business on 8/5/22, is that of the Predecessor Fund. Returns of the Investor Class and Institutional Class shares shown in the table below reflect the returns of Classes A and I, respectively of the Predecessor Fund. Additionally, the Fund has adopted the Financial Statements of the Predecessor Fund. The Predecessor Fund had the same investment objectives, strategies and portfolio management team as the Fund as of the date of the reorganization.
Portfolio As of 12/31/24
Sector Weightings
| Sector | Exposure | |
|---|---|---|
| Information Technology | 39.5% | |
| Communication Services | 11.8% | |
| Health Care | 10.9% | |
| Consumer Discretionary | 10.6% | |
| Industrials | 7.6% | |
| Utilities | 7.6% | |
| Materials | 7.5% | |
| Financials | 3.8% | |
| Consumer Staples | 0.8% |
Excludes cash.
Top 10 Holdings
| Holding | Percent |
|---|---|
| Microsoft Corp. | 8.1% |
| Amazon.com, Inc. | 7.9% |
| Talen Energy Corp. | 7.5% |
| NVIDIA Corp. | 6.8% |
| Danaher Corp. | 5.4% |
| Meta Platforms, Inc. | 5.3% |
| T-Mobile US, Inc. | 5.2% |
| Taiwan Semiconductor Manufacturing Co. Ltd | 4.9% |
| Palo Alto Networks, Inc. | 4.4% |
| Ferguson Enterprises, Inc. | 4.0% |
| Total | 59.5% |
Literature
| Document | Download |
|---|---|
| Fact Sheet | |
| Commentary | |
| Holdings |
| Document | Download |
|---|---|
| Summary Prospectus | |
| Prospectus |