Driehaus Large Cap Growth
First Quarter 2008
| Portfolio Manager: |
Dan Wasiolek |
| Assets Under Management: |
$125 Million
|
| Inception Date: |
4/1/07 |
|
Separately Managed Accounts
Minimum Initial Investment:
|
$5 Million |
Investment Objective: Maximize capital appreciation through investing in a diversified portfolio of U.S. traded, large-capitalization growth stocks.
Investment Strategy: The Large Cap Growth Strategy invests in companies with market capitalizations generally greater than $10 billion. The Strategy typically maintains a portfolio consisting of 30 to 50 stocks and generally limits individual positions to less than 5% at cost.
| Sector Weightings (as of 3/31/08) |
|
Materials
|
16.6%
|
|
Information Technology
|
15.6%
|
|
Health Care
|
15.0%
|
|
Industrials
|
11.6%
|
|
Consumer Discretionary
|
10.3%
|
|
Energy
|
9.5%
|
|
Consumer Staples
|
8.2%
|
|
Financials
|
3.8%
|
|
Utilities
|
2.0% |
|
Telecommunication Services
|
1.6% |
|
Cash/Unassigned
|
5.8% |
Source: Morgan Stanley Capital International and Standard & Poor's Global Industry Classification Standard
| Top 10 Holdings (as of 3/31/08) |
|
Mosaic Co.
|
5.9%
|
|
Potash Corp. of Saskatchewan Inc.
|
5.7%
|
|
First Solar Inc.
|
5.1%
|
|
McDonald's Corp.
|
4.7%
|
|
Deere & Co.
|
4.4%
|
|
Research In Motion Ltd.
|
4.2%
|
|
Intuitive Surgical Inc.
|
4.1%
|
|
Coca-Cola Co.
|
3.0%
|
| Express Scripts Inc. |
2.8% |
|
Ultra Petroleum Corp.
|
2.6% |
|
Average Annual Total Return (as of 3/31/08)
|
| ______Annualized______ |
|
1st QTR
|
YTD |
1 Year |
3 Year |
5 Year |
Since
Inception (4/1/07) |
| Driehaus Large Cap Growth |
-9.25%
|
-9.25%
|
33.69%
|
n/a
|
n/a
|
33.69%
|
| Russell 1000 Growth Index |
-10.19%
|
-10.19%
|
-0.75%
|
n/a
|
n/a
|
-0.75%
|
|
Cumulative Total Return (4/1/07 to 3/31/08)
|
| Driehaus Large Cap Growth |
34%
|
| Russell 1000 Growth Index |
-1%
|
For the most current month-end summary sheet for the Driehaus Large Cap Growth Strategy, please click here .
The Russell 1000 Growth Index measures the performance of those Russell 1000 companies with higher price-to-book ratios and higher forecasted growth values. The Russell 1000 Index measures the performance of the 1,000 largest companies in the Russell 3000 Index, which represents approximately 92% of the total market capitalization of the Russell 3000 Index.
For additional disclosure on the Composite, please click here.
|