Jackson Square SMID-Cap Growth Fund (JSMVX) focuses on investing in small to mid-cap growth companies across various sectors, primarily in the U.S. market. The fund's competitive position is bolstered by its experienced management team and a disciplined investment approach that emphasizes fundamental research and long-term growth potential.
The fund generates revenue primarily through management fees based on a percentage of AUM, which is typically around 1% to 1.5%. Its competitive advantages include a strong track record of performance, a focus on high-growth sectors, and a robust research framework that identifies undervalued companies with significant growth potential.
Changes in AUM driven by market performance and investor sentiment
Performance relative to benchmark indices
Investment strategy shifts or updates
Regulatory changes affecting asset management fees
Increased regulatory scrutiny on asset management fees and practices
Technological disruption from robo-advisors and passive investment strategies
Intensifying competition from low-cost index funds and ETFs
Market volatility leading to investor flight to safety
Dependency on market performance for AUM, which can lead to revenue volatility
Potential for increased operational costs if AUM declines significantly
high - The fund's performance is closely linked to the economic cycle, as growth in small to mid-cap companies typically accelerates during economic expansions.
Rising interest rates can impact the cost of capital for the companies in which the fund invests, potentially slowing growth. However, higher rates may also lead to increased demand for actively managed funds as investors seek higher returns.
minimal - The fund is not heavily reliant on credit markets, but broader credit conditions can influence investor sentiment and AUM.
growth - The fund appeals to investors seeking capital appreciation through exposure to high-growth small and mid-cap companies.
moderate - The fund may exhibit moderate volatility due to its focus on smaller companies, which can be more sensitive to market fluctuations.