RiverPark/Next Century Large Growth Fund

Overview: NCG is the investment sub-adviser to the Fund

Investment Objective: The Fund seeks long-term capital appreciation through investment primarily in securities of large cap companies.

Investment Strategy / Philosophy: The Fund seeks to achieve its investment objective by investing in the fastest growing and highest quality large cap companies in America. The Fund will invest in companies we believe will sustain above-average revenue and earnings growth over time, or which are expected to develop rapid sales and earnings growth in the future.

Mutual Fund Inception Date 12/31/2023
Primary Benchmark Russell 1000 Growth Index
Investment strategy NCG’s Large Cap Growth strategy
Fund Managers Tom Press, Bob Scott, Peter Capouch, Kaj Doerring, Tom Dignard

For additional information and disclosures, please visit https://riverparkfunds.com/next-century-large-growth-fund

Quick Facts

as of 12/31/2023

 

Institutional

Retail

Ticker

RPNRX

RPNLX

Total Net Assets

$2,000,000

$1,000

Expense Ratio (Gross) *

1.30%

1.55%

Expense Ratio (Net) *

1.00%

1.25%

Minimum Initial Investment

$50,000

$1,000

 


* Expense ratios are as of the most recent prospectus, dated December 20, 2023. The Expense Ratio (Gross) reflects actual expenses, and the Expense Ratio (Net) reflects the impact of waivers or recaptures if any. The Adviser has agreed contractually to waive its fees and to reimburse expenses of the Fund, including expenses associated with the Fund’s shareholder services plan and administrative services plan, to the extent necessary to ensure that operating expenses (excluding acquired fund fees and expenses and extraordinary expenses) do not exceed, on an annual basis, 1.00% for the Institutional Class Shares and 1.25% for the Retail Class Shares. This agreement is in effect until at least January 31, 2025 and, subject to annual approval by the Board of Trustees of the RiverPark Funds Trust, this arrangement will remain in effect unless and until the Board of Trustees approves its modification or termination or the Adviser notifies the Fund at least 30 days prior to the annual approval of its determination not to continue the agreement.