WCLGX — Westfield Capital Large Cap Growth Fund

WCLGX Fund Overview

WCLGX — Westfield Capital Large Cap Growth Fund is a US mutual fund managed by Advisors' Inner Circle Fund II, categorised as Emerging Markets 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: Advisors' Inner Circle Fund II
• Category: Emerging Markets Large Cap Growth Equity
• Assets under management: $17.12M
• Ticker: WCLGX
• SEC CIK: 0000890540
• SEC series ID: S000033176
• Share class ID: C000102119

WCLGX Investment Objective and Strategy

Westfield Capital Large Cap Growth Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Advisors' Inner Circle Fund II.

Investment objective

The Westfield Capital Large Cap Growth Funds (the Fund) investment objective is to seek long-term capital growth.

Principal investment strategy

In pursuing the Funds objective, the Adviser strives to build a portfolio comprised of approximately 35-60 equity securities (principally common and preferred stock) the Adviser believes have above average prospects for growth. Under normal circumstances, the Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of large-capitalization companies. This investment policy may be changed by the Fund upon 60 days prior written notice to shareholders. The Fund considers large-capitalization companies to be companies with market capitalizations greater than $3 billion at the time of purchase. The Adviser expects investments in foreign companies, including emerging market companies and American Depositary Receipts (ADRs), will typically represent less than 25% of the Funds assets.

In constructing the Funds portfolio, the Adviser utilizes a bottom-up approach by first identifying companies that meet strict fundamental criteria and then performing a qualitative review on each identified company. The Advisers research also may include initial interviews and continuing contact with company management. In selecting stocks for the Funds portfolio, the Adviser looks for companies that it believes possess the following quantitative characteristics: (i) accelerating earnings growth; (ii) strong balance sheet; and (iii) attractive valuation as measured by price/earnings to growth ratio. In addition, the Adviser seeks to identify companies that it believes possess the following qualitative characteristics: (i) superior company management; (ii) unique market position and broad market opportunities; and (iii) solid financial controls and accounting.

The Adviser may sell a security if: (i) the security reaches or falls below a predetermined price target; (ii) a change to a companys fundamentals occurs that negatively impacts the Advisers original investment thesis; (iii) the security underperforms versus its industry peer group; or (iv) the Adviser identifies a more attractive investment opportunity.

WCLGX Costs and Fees

WCLGX costs about $85 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.85%
• Gross expense ratio: 1.17%
• Portfolio turnover: 57%
• Brokerage commissions: 6.56 bps of average net assets (SEC N-CEN)

WCLGX Cashflows

Over the 12 months to 2020-04, Westfield Capital Large Cap Growth Fund had net inflows of $7.87M, from monthly SEC N-PORT filings.

WCLGX Debt Constituents

No individual debt constituents are reported in Westfield Capital Large Cap Growth Fund's latest SEC N-PORT filing.

WCLGX Prospectus and SEC Filings

Official Westfield Capital Large Cap Growth Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2020-03-19
• Prospectus (485BPOS) — filed 2019-03-20
• Prospectus (485BPOS) — filed 2018-03-20
• Portfolio holdings (N-PORT) — filed 2020-06-25
• Annual census (N-CEN) — filed 2020-01-14
• Annual census (N-CEN) — filed 2019-01-14

Related Funds

Other Emerging Markets Large Cap Growth Equity funds tracked on ABC INVEST:

• Invesco Developing Markets Fund (ODVIX)
• Hartford Schroders Emerging Markets Equity Fund (SEMVX)
• Driehaus Emerging Markets Growth Fund (DREGX)
• Touchstone Sands Capital Emerging Markets Growth Fund (TSEMX)
• Emerging Markets Equity Portfolio (MSMBX)

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.