Bridge Builder Large Cap Growth Fund
The Bridge Builder Large Cap Growth Fund aims to provide clients with capital appreciation.
The Large Cap Growth Fund primarily invests in equity securities of large-capitalization companies, which are defined as those whose market capitalizations typically fall within the range of the Russell 1000® Index. The fund follows an investing style that favors growth investments and employs a multi-manager sub-advised structure.
Lazard Asset Management LLC, invests primarily in equity securities of U.S. companies that have strong and/or improving financial productivity and are undervalued based on their earnings, cash flow or asset values.
Sustainable Growth Advisers, LP, seeks to identify large-capitalization companies that exhibit characteristics such as pricing power, repeat revenue streams and global reach that have the potential for long-term earnings growth within the context of low business risk.
Jennison Associates LLC, invests in companies that have strong capital appreciation potential. It follows a highly disciplined investment selection and management process of identifying companies that show superior absolute and relative earnings growth and are believed to be attractively valued.
William Blair & Company, LLC, invests primarily in a diversified portfolio of equity securities of domestic growth companies of all sizes that are expected to exhibit quality growth characteristics. William Blair performs fundamental company analysis and focuses on stock selection.
BlackRock Investment Management, LLC, invests in equity securities with the objective of approximating the capitalization weighted total rate of return of the segment of the United States market for publicly traded equity securities represented by the Russell 1000® Growth Index.
Performance Total Returns
|3 Month||YTD||1 Year||3 Year||Since Inception04/27/2015|
|Bridge Builder Large Cap Growth Fund||5.93%||13.59%||17.15%||-||8.18%|
|Russell 1000 Growth Total Return||6.16%||14.30%||20.27%||-||9.84%|
Total annual fund operating expenses: 0.50%
The Gross Expense Ratio, per the Fund's latest prospectus, includes all categories of expenses before any expense reductions or fee waivers.
*Olive Street Investment Advisers, LLC has contractually agreed, until at least October 28, 2017, to waive its management fees to the extent management fees to be paid to the Adviser exceed the management fees the Adviser is required to pay the Fund’s Sub-advisers. This contractual agreement may only be changed or eliminated with the approval of the Board of Trustees. Such waivers are not subject to reimbursement by the Fund.
Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted. Performance data current to the most recent month-end may be obtained by calling 1-855.823.3611. Short-term performance, in particular, is not a good indication of the fund's future performance, and an investment should not be made based solely on returns. Returns shown for the Fund include the reinvestment of all dividends, if any. Total return calculations reflect the effect of the Advisers fee waiver agreement for the Fund. If such fee waivers had not occurred, the quoted performance would be lower.
The Russell 1000® Growth Index measures the performance of the large-cap growth segment of the U.S. equity universe. It includes those Russell 1000® companies with higher price-to-book ratios and higher forecasted growth values. You cannot invest directly in an index.
Benchmark Index: Russell 1000® Growth Index
Inception Date: April 27, 2015
Total Assets: $3.8 Billion
Gross Expense Ratio: 0.50%
Net Expense Ratio*: 0.32%
Number of Holdings: 650