RiverPark/Next Century 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 small cap companies.
Investment Strategy/Philosophy: The Fund seeks to achieve its investment objective by investing in the fastest growing and highest quality small 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 when compared to the economy and stock market as a whole.
Mutual Fund Inception Date |
06/30/2023 |
Primary Benchmark |
Russell 2000 Growth Index |
Investment strategy |
NCG’s Small 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-growth-fund
Quick Facts
as of 06/30/2024
|
Institutional |
Retail |
Ticker |
RPNIX |
RPNCX |
Total Net Assets |
$14,073,598 |
$39,818 |
Expense Ratio (Gross) * |
1.45% |
1.70% |
Expense Ratio (Net) * |
1.15% |
1.40% |
Minimum Initial Investment |
$50,000 |
$1,000 |
* Expense ratios are as of the most recent prospectus, dated June 30, 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, 1.40% for the Retail Class Shares and 1.15% for the Institutional 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.