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 12/31/2023

 

Institutional

Retail

Ticker

RPNIX

RPNCX

Total Net Assets

$2,578,683

$31,519

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, 1.45% for the Retail Class Shares and 1.15% for the Institutional Class Shares. This agreement is in effect until at least January 31, 2024 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.