A Seeking Alpha Contribution
- MGRIX is a concentrated portfolio of between 35 and 50 stocks.
- The fund is betting heavily on consumer discretionary stocks in 2015.
- Performance hasn’t been bad, but it hasn’t been great either, and it comes with a relatively high 1.37% expense ratio.
Established in late December 1997, the Marsico Growth Fund (MUTF:MGRIX) seeks capital appreciation by investing primarily in large-cap domestic or foreign companies that demonstrate potential for long-term growth. The fund normally holds between 35 and 50 individual issues. The selected stocks may have economic ties to emerging and developed markets around the globe. The fund sells shares when fundamentals change or price appreciation leads to an overvaluation in relationship to future potential earnings and cash flow growth. This large-cap growth fund has a three-star rating from Morningstar… To Continue Reading Please, Click Here.