F/m Investments Large Cap Focused Fund
Data updated: 2023-11-27
C000229579 — F/m Investments Large Cap Focused Fund. Developed ex-US Large Cap Growth Equity · $52.00M AUM. Holdings, fees, performance and SEC filings.
C000229579 Fund Overview
F/m Investments Large Cap Focused Fund is a US mutual fund managed by First Western Funds Trust, categorised as Developed ex-US Large Cap Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: First Western Funds Trust
- Category: Developed ex-US Large Cap Growth Equity
- Assets under management: $52.00M
- 1-year return: 28.1%
- SEC CIK: 0001546416
- SEC series ID: S000072896
- Share class ID: C000229579
C000229579 Investment Objective and Strategy
F/m Investments Large Cap Focused Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by First Western Funds Trust.
Investment objective
The investment objective of the Fund is long-term growth of capital.
Principal investment strategy
The Funds principal investment objective is long-term growth of capital. The Fund seeks to achieve its investment objective by purchasing equity securities that the Adviser believes are likely to appreciate. The Adviser will focus on companies that exhibit accelerating growth in earnings and revenue. The Adviser generally seeks to purchase equity securities of large capitalization U.S. companies, and may purchase American Depository Receipts (ADRs) of international companies trading on U.S. exchanges. The Fund may invest across different industries and sectors. The Fund will invest at least 80% of its net assets in securities of large capitalization companies. The Fund considers large capitalization companies to include those that have a market capitalization, at the time of investment, comparable to the securities held in the S&P 500 Index.
As of June 30, 2022, the S&P 500 Index included U.S. companies with a median market capitalization of $66.66 billion. The market capitalization of the companies in the S&P 500 Index ranged from $3 billion to $2.2 trillion as of June 30, 2022. At times, the Fund may emphasize investment in a particular industry or sector. As of June 30, 2022, the Fund had approximately 53.9% of its net assets invested in stocks within the technology sector. The Adviser uses quantitative screens to evaluate liquidity, capitalization, domicile, and desired risk attributes to determine an initial universe of large capitalization companies from which the Fund may invest. The Adviser then uses a quantitative process to evaluate company fundamentals and stock price trends of the investment candidates. Macroeconomic influences on portfolio candidates are considered before selecting the final securities for purchase in the portfolio.
The Adviser considers whether to sell a particular security when the security receives declining scores from the Advisers proprietary model or the security causes the Funds portfolio to be exposed to unintended risks. The periodic reconstitution and rebalancing of the portfolio according to the Funds quantitative investment strategy may result in significant portfolio turnover. A higher rate of portfolio turnover increases transaction expenses, which may negatively affect the Funds performance. High portfolio turnover also may result in the realization of substantial net short-term capital gains, which, when distributed, are taxable to shareholders. With respect to any percentage restriction on investment or use of assets in the Funds investment strategies, if such a percentage restriction is adhered to at the time a transaction is affected, a later increase or decrease in such percentage resulting from changes in values of securities or loans or amounts of net assets or security characteristics will not be considered a violation of the restriction.
Any such changes in percentages do not require the sale of a security, but rather the Adviser will consider which action is in the best interest of the Fund and its shareholders, including the sale of the security. The Fund is a non-diversified fund, which means it can invest in fewer securities at any one time than a diversified fund.
C000229579 Holdings
Top 10 holdings of F/m Investments Large Cap Focused Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Apple Inc. | 10.76% |
| Microsoft Corporation | 5.77% |
| NVIDIA Corp. | 4.66% |
| Amazon.com, Inc. | 4.52% |
| Advanced Micro Devices, Inc. | 4.41% |
| The Charles Schwab Corporation | 3.86% |
| UnitedHealth Group Inc. | 3.78% |
| Ford Motor Company | 3.58% |
| Jazz Pharmaceuticals PLC | 3.42% |
| Solaredge Technologies Inc | 3.37% |
C000229579 Portfolio Allocation
Asset-class allocation of F/m Investments Large Cap Focused Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.6% |
| Cash & Equivalents | 1.9% |
C000229579 Performance
Total returns for C000229579 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 28.1% |
C000229579 Risk Information
Risk metrics for C000229579, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 21.7%
C000229579 Costs and Fees
C000229579 costs about $91 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.91%
- Gross expense ratio: 1.15%
- Portfolio turnover: 169%
- Brokerage commissions: 4.71 bps of average net assets (SEC N-CEN)
C000229579 Cashflows
Over the 12 months to 2023-09, F/m Investments Large Cap Focused Fund had net outflows of $10.59M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-09 | −$4.69M |
| 2023-08 | $32.59K |
| 2023-07 | $277.02K |
| 2023-06 | $23.13K |
| 2023-05 | −$889.77K |
| 2023-04 | −$3.68M |
C000229579 Debt Constituents
No individual debt constituents are reported in F/m Investments Large Cap Focused Fund's latest SEC N-PORT filing.
C000229579 Prospectus and SEC Filings
Official F/m Investments Large Cap Focused Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-10-28
- Prospectus supplement (497) — filed 2021-09-15
- Portfolio holdings (N-PORT) — filed 2023-11-27
- Portfolio holdings (N-PORT) — filed 2023-08-22
- Portfolio holdings (N-PORT) — filed 2023-05-11
- Annual census (N-CEN) — filed 2023-09-06
- Annual census (N-CEN) — filed 2022-08-29
Related Funds
Other Developed ex-US Large Cap Growth Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.