MOATX::Investor Shares
CASTX::Class C Shares
Sector Weightings1
As of 3/31/18
Fund Data
As of 3/31/18
| Total Net Assets | $113.8M |
| Inception Date | 6/30/10 |
| Average Market Cap | $48.7B |
| Number of Holdings | 22 |
| Distribution Frequency | Annually |
| Ticker – Investor Class | MOATX |
| Ticker – Class C | CASTX |
Portfolio Characteristics3
For the five years ending 3/31/18
| Alpha | -0.73 |
| Beta | 0.52 |
| Standard Deviation | 6.87 |
| Up Capture | 54.17 |
| Down Capture | 59.76 |
| R Squared | 71.81 |
Top Ten Holdings1
As of 3/31/18
| Cash & Cash Equivalents2 | 34.34% |
| Enbridge Inc. (Canada) | 5.42% |
| Sanofi -ADR | 4.86% |
| Brookfield Asset Management Inc. – Class A (Canada) | 4.71% |
| Berkshire Hathaway Inc. – Class B | 4.06% |
| Dominion Energy, Inc. | 4.04% |
| Loews Corporation | 4.00% |
| Royal Gold, Inc. | 4.00% |
| Liberty Global plc – Class C (United Kingdom) | 3.62% |
| Anheuser-Busch InBev SA/NV -ADR | 3.17% |
1. Percent of Fund’s total net assets
2. Represents cash equivalents and other assets less liabilities
3. Alpha measures the excess return of an investment vehicle, such as a mutual fund, relative to the return of its benchmark, given its level of risk (as measured by beta). Beta is a measure of the portfolios sensitivity to the market. Standard deviation is use to measure an investment’s historic volatility. The up capture and down capture ratios are statistical measures of a manager’s overall performance in upward moving and downward moving markets, respectively. R-Squared is a statistical measure that represents the percentage of a fund or security’s movements that can be explained by movements in a benchmark index.