JSPTX — Jackson Square Global Growth Fund
Data updated: 2023-01-17
JSPTX — Jackson Square Global Growth Fund. Emerging Markets Real Estate · $9.85M AUM · 1.08% expense ratio. Holdings, fees, performance and SEC filings.
JSPTX Fund Overview
JSPTX — Jackson Square Global 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: $9.85M
- 1-year return: -30.4%
- Ticker: JSPTX
- SEC CIK: 0001511699
- SEC series ID: S000052861
- Share class ID: C000166266
JSPTX Investment Objective and Strategy
Jackson Square Global 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 Global Growth Fund (the Fund or the Global Growth Fund) seeks long-term capital appreciation.
Principal investment strategy
The Fund is non-diversified and invests primarily in common stocks of growth-oriented U.S. and non-U.S. companies of any size, which may include companies located or operating in developed, emerging, or frontier markets, that the Adviser believes have long-term capital appreciation potential and may grow faster than the global economy. The Fund tends to hold a relatively focused portfolio of between 25 and 50 companies, although from time to time the Fund may hold fewer or more companies depending on the Advisers assessment of the investment opportunities available . Although the Fund may invest in companies of any size, the Fund will primarily invest in mid- and large-cap companies. From time to time, the Fund may focus its investments in securities of companies in the same economic sector.
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. 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. Under normal circumstances, the Fund will invest at least 40% of its net assets in non-U.S. securities, including American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs), and it will invest in equity securities of issuers located in at least 3 different countries including the U.S. Subject to this limitation, there is no further limit on the amount of the Funds total assets that may be invested in a single country. Although the Fund can invest in companies from any country, it will invest mainly in countries with developed economies.
The Fund will limit its investments in emerging market and frontier market securities to a maximum of 30% of its total assets and typically substantially less. 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. 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.
JSPTX Holdings
Top 10 holdings of Jackson Square Global Growth Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Microsoft Corp | 5.83% |
| New York Times Co/The | 4.80% |
| Wix.com Ltd | 4.22% |
| Mastercard Inc | 4.08% |
| Visa Inc | 3.63% |
| Adyen NV | 3.54% |
| Netflix Inc | 3.32% |
| MercadoLibre Inc | 3.14% |
| Farfetch Ltd | 3.11% |
| Experian PLC | 3.07% |
JSPTX Portfolio Allocation
Asset-class allocation of Jackson Square Global Growth Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.4% |
| Cash & Equivalents | 1.7% |
JSPTX Performance
Total returns for JSPTX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -30.4% |
| 3 years (annualised) | 0.2% |
JSPTX Risk Information
Risk metrics for JSPTX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 24.8%
JSPTX Costs and Fees
JSPTX costs about $108 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.08%
- Gross expense ratio: 1.87%
- Portfolio turnover: 31%
JSPTX Cashflows
Over the 12 months to 2022-07, Jackson Square Global Growth Fund had net inflows of $4.28M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-07 | $157.51K |
| 2022-06 | $1.02M |
| 2022-05 | $10.66K |
| 2022-04 | $242.63K |
| 2022-03 | $98.31K |
| 2022-02 | $12.31K |
JSPTX Debt Constituents
No individual debt constituents are reported in Jackson Square Global Growth Fund's latest SEC N-PORT filing.
JSPTX Prospectus and SEC Filings
Official Jackson Square Global Growth Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-03-01
- Prospectus (485BPOS) — filed 2021-02-25
- Prospectus (485BPOS) — filed 2020-03-10
- Portfolio holdings (N-PORT) — filed 2022-09-22
- Portfolio holdings (N-PORT) — filed 2022-06-29
- Portfolio holdings (N-PORT) — filed 2022-03-31
- Annual census (N-CEN) — filed 2023-01-17
- Annual census (N-CEN) — filed 2022-01-13
Related Funds
Other Emerging Markets Real Estate 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.