DPCEX — Jackson Square Select 20 Growth Fund

DPCEX Fund Overview

DPCEX — Jackson Square Select 20 Growth Fund is a US mutual fund managed by Managed Portfolio Series, categorised as Emerging Markets Real Estate. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Managed Portfolio Series
• Category: Emerging Markets Real Estate
• Assets under management: $9.29M
• 1-year return: 34.4%
• Ticker: DPCEX
• SEC CIK: 0001511699
• SEC series ID: S000052862
• Share class ID: C000166270

DPCEX Investment Objective and Strategy

Jackson Square Select 20 Growth Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Managed Portfolio Series.

Investment objective

The Jackson Square Select 20 Growth Fund (the Fund or the Select 20 Growth Fund) seeks long-term capital appreciation.

Principal investment strategy

The Fund is non-diversified and generally invests in approximately 20 common stocks of growth-oriented companies of any size that the Adviser believes have long-term capital appreciation potential and may grow faster than the U.S. economy. The Fund will likely hold a more limited number of securities than many other mutual funds. The Adviser currently expects that the Fund will invest in no fewer than 15 and no more than 25 companies. From time to time, the Fund may focus its investments in securities of companies in the same economic sector. Using a bottom-up approach in selecting securities for the Fund, the Adviser seeks to select securities of companies that it believes have strong competitive positions, strong and consistent cash flows, and the opportunity to generate consistent, long-term growth of intrinsic business value.

The Adviser typically considers a companys operational efficiency and managements plans for capital allocation. Through the Advisers investment research process, it seeks to identify the companies that it believes will exceed the markets expectations for: 1) key financial metrics and 2) sustainable competitive advantage. The Adviser purchases these securities for the Fund when it believes the market has not already reflected these expectations in the current stock price. Additionally, the Adviser typically invests for a 3-5 year time horizon, allowing it to take advantage of discrepancies between short-term price movements and long-term fundamental prospects. The Fund may invest up to 20% of its net assets in securities of foreign issuers, which may include global depositary receipts (GDRs) and, without limitation, sponsored and unsponsored American depositary receipts (ADRs) that are actively traded in the United States, including issuers located or operating in emerging markets and frontier markets.

The Fund determines that a market is an emerging market if it is included in the MSCI Emerging Markets Index; the Fund determines that a market is a frontier market if it is included in the MSCI Frontier Markets Index. To the extent the Fund invests in securities denominated in a particular currency, it may invest in forward foreign currency exchange contracts to hedge currency risks associated with the investment. In addition, the Fund may invest in real estate investment trusts (REITs). REITs are corporations or trusts that invest primarily in fee or leasehold ownership of real estate, mortgages or shares issued by other REITs, and that receive favorable tax treatment provided they meet certain conditions, including the requirement that they distribute at least 90% of their taxable income.

Holdings are typically sold to make room in the portfolio for more attractive stocks, or where the holding reaches the Advisers estimate for its intrinsic value, or in response to an unexpected, negative fundamental change, including a change in managements strategic direction.

DPCEX Holdings

Top 10 holdings of Jackson Square Select 20 Growth Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all DPCEX holdings

DPCEX Portfolio Allocation

Asset-class allocation of Jackson Square Select 20 Growth Fund by percentage of net assets, from the latest SEC N-PORT filing.

DPCEX Performance

Total returns for DPCEX (as of 2026-10-01), from SEC filings.

DPCEX Risk Information

Risk metrics for DPCEX, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 18.8%

DPCEX Costs and Fees

DPCEX costs about $87 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.87%
• Gross expense ratio: 2.49%
• Portfolio turnover: 60%
• Brokerage commissions: 5.77 bps of average net assets (SEC N-CEN)

DPCEX Cashflows

Over the 12 months to 2021-07, Jackson Square Select 20 Growth Fund had net inflows of $188.40K, from monthly SEC N-PORT filings.

DPCEX Debt Constituents

No individual debt constituents are reported in Jackson Square Select 20 Growth Fund's latest SEC N-PORT filing.

DPCEX Prospectus and SEC Filings

Official Jackson Square Select 20 Growth Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2021-02-25
• Prospectus (485BPOS) — filed 2020-03-10
• Prospectus (485BPOS) — filed 2019-03-13
• Portfolio holdings (N-PORT) — filed 2021-09-28
• Portfolio holdings (N-PORT) — filed 2021-06-28
• Portfolio holdings (N-PORT) — filed 2021-03-30
• Annual census (N-CEN) — filed 2021-01-13
• Annual census (N-CEN) — filed 2020-01-13

Related Funds

Other Emerging Markets Real Estate funds tracked on ABC INVEST:

• Westwood Low Volatility Equity Fund (WLVIX)
• Pzena U.S. Large Cap Value ETF (PZLV)
• Noble Absolute Return ETF (NOPE)
• Jackson Square Global Growth Fund (JSPVX)
• Newfound Multi-Asset Income Fund (NFMAX)

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.