For Financial Professionals in the US

JATIX Global Technology and Innovation Fund

Our deep and experienced tech team seeks growth through innovation in this complex and dynamic sector

NAV
$65.86
As of 10/21/2021

1-Day Change
$0.79 (1.21%)
As of 10/21/2021

YTD Return
20.71%
As of 10/21/2021

Morningstar Rating

As of 09/30/2021

Morningstar Analyst Rating
Morningstar Analyst Rating				Bronze
As of 09/30/2021

Overview

Quarterly Update

Watch the investment team recap this quarter.

ABOUT THIS FUND

This global growth fund invests in companies that create and benefit from advances in technology. We invest in companies we believe to be resilient and also take smaller positions in companies that have optionality—meaning large potential upside under a specific scenario. The Fund seeks to provide strong long-term returns with volatility characteristics on par with its peers.

WHY INVEST IN THIS FUND

Finding Growth Through Innovation

Technology is dramatically impacting every sector of the global economy. The Fund seeks to invest in growth companies driving this innovation or benefiting from advances in technology. Common characteristics of an investment include a culture of innovation, long-term focus and attractive relative valuation.

Dedicated Sector Experts

Our dedicated team of technology analysts is embedded deeply within the sector, approaching research as an industry participant. In this complex and rapidly growing sector, it is critical to have experienced investors working to evaluate the impact of disruptive technologies and actively aim to identify both winners and losers.

Deep and Disciplined

The Fund takes a thoughtful approach to portfolio construction as the managers invest in companies believed to be resilient, as well as smaller positions in companies that have optionality – meaning large potential upside under a specific scenario. Through deep research and disciplined portfolio construction, the Fund seeks to deliver strong, risk-adjusted returns over time.

PORTFOLIO MANAGEMENT

Denny Fish

Portfolio Manager | Research Analyst

Industry since 2004. Joined Firm in 2016.

Performance

RETURNS (%) (As of 09/30/2021)
Global Technology and Innovation Fund - Class I Shares S&P 500® Index MSCI All Country World Information Technology Index
 
3M YTD 1YR 3YR 5YR 10YR Since Inception
(12/31/1998)
Global Technology and Innovation Fund - Class I Shares -0.85 13.18 28.46 27.66 29.02 23.19 11.75
S&P 500® Index 0.58 15.92 30.00 15.99 16.90 16.63 7.68
MSCI All Country World Information Technology Index 0.54 13.12 30.26 26.11 26.21 20.99 8.36
RETURNS (%) (As of 09/30/2021)
Global Technology and Innovation Fund - Class I Shares S&P 500® Index MSCI All Country World Information Technology Index
 
3M YTD 1YR 3YR 5YR 10YR Since Inception
(12/31/1998)
Global Technology and Innovation Fund - Class I Shares -0.85 13.18 28.46 27.66 29.02 23.19 11.75
S&P 500® Index 0.58 15.92 30.00 15.99 16.90 16.63 7.68
MSCI All Country World Information Technology Index 0.54 13.12 30.26 26.11 26.21 20.99 8.36
CALENDAR YEAR RETURNS (%)
Global Technology and Innovation Fund - Class I Shares MSCI All Country World Information Technology Index
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Global Technology and Innovation Fund - Class I Shares -8.45 19.38 35.39 9.39 4.67 13.87 44.88 0.92 45.25 51.14
MSCI All Country World Information Technology Index -4.43 15.32 26.51 15.20 3.20 12.20 41.77 -5.81 46.89 45.61

MORNINGSTAR PERCENTILE

(As Of 09/30/2021)
1 YR 3 YR 5 YR 10 YR SINCE INCEPTION
Percentile Ranking 66 24 19 17 21
Technology Category|Rank/Count 153/246 60/216 33/195 31/177 26/98
(As Of 09/30/2021)
1 YR 3 YR 5 YR 10 YR SINCE INCEPTION
Percentile Ranking 66 24 19 17 21
Technology Category|Rank/Count 153/246 60/216 33/195 31/177 26/98
GROWTH OF A HYPOTHETICAL INVESTMENT

RETURNS-BASED STATISTICS (As of 09/30/2021 Class I Shares)

RISK / REWARD
VS. MSCI All Country World Information Technology Index
3YR 5YR
Information Ratio 0.33 0.66
Alpha 2.27 3.40
Tracking Error 4.71 4.27
Beta 0.96 0.95
R-squared (%) 94.99 94.01
UP/DOWN MARKET CAPTURE (%)
VS. MSCI All Country World Information Technology Index
3YR 5YR
Up Capture Ratio 96.44 98.55
Down Capture Ratio 89.10 82.61
STANDARD DEVIATION 3YR 5YR
Global Technology and Innovation Fund 20.65 17.13
MSCI All Country World Information Technology Index 21.01 17.42
SHARPE RATIO 3YR 5YR
Global Technology and Innovation Fund 1.28 1.63
MSCI All Country World Information Technology Index 1.19 1.44
ANNUAL FEES & EXPENSES (As of Fiscal Year End, 09/30/20)
CLASS I SHARES
Management Fees 0.64%
Other Expenses 0.11%
Total Gross Expenses 0.75%
Waivers 0.00%
Total Net Expenses 0.75%

Portfolio

Index represents the MSCI All Country World Information Technology Index℠.

Top Holdings (As of 09/30/2021)
% of Fund
Microsoft Corp 9.63
Amazon.com Inc 5.23
ASML Holding NV 4.86
NVIDIA Corp 4.42
Mastercard Inc 4.39
Taiwan Semiconductor Manufacturing Co Ltd 4.16
Facebook Inc 4.15
Adobe Inc 4.14
Alphabet Inc 4.04
Visa Inc 3.75
Total 48.77
View Full Holdings
Portfolio Characteristics (As of 09/30/2021)
  FUND INDEX
Number of Holdings
Equity Issues
75 355
Market Capitalization
Weighted Average
$633.39B $798.51B
Portfolio Turnover Rate
(1-year trailing)
41.11% -
Price/Earnings Ratio
(1-year forward)
54.46 32.82
Price/Book Ratio
(1-year forward)
18.60 16.31
Earnings Growth Rate
(1-year forward)
32.42% 36.07%
Sector Allocation % OF FUND % of Index % OF FUND % of Index (As of 09/30/2021)
Information Technology 70.28 100.00
Communication Services 12.79 -
Consumer Discretionary 9.60 -
Industrials 2.97 -
Real Estate 1.64 -
Financials 0.89 -
Cash & Equivalents 1.83 -
Regional Allocations % OF FUND % of Index % OF FUND % of Index (As of 09/30/2021)
North America 82.89 77.76
Europe 5.79 6.33
Asia/Pacific Ex Japan 5.62 11.44
Africa/Mideast 2.89 0.32
Latin America 0.98 0.10
Cash & Equivalents 1.83 -
MARKET CAPITALIZATION RANGE OF EQUITY HOLDINGS % OF FUND % OF INDEX % OF FUND % OF INDEX (As of 09/30/2021)
Over $100B 59.99 68.68
$50B to $100B 17.61 10.08
$10B to $50B 17.58 18.48
$5B to $10B 1.06 1.87
$1B to $5B 0.74 0.52
$500M to $1B 0.32
N/A 0.87 0.36
Developed VS Emerging Markets % OF FUND % of Index % OF FUND % of Index (As of 09/30/2021)
U.S. 82.16 76.12
Non-U.S. Developed 10.52 12.67
Non-U.S. Emerging 5.49 11.21
Cash & Equivalents 1.83 -

Documents