Sit Mid Cap Growth Fund

Fund Details

Inception Date:9/2/1982
Fund Assets (Millions):$206.9
Wtd. Avg. Market Cap (Billions):$69.4
Median Market Cap (Billions):$17.4
Ticker:NBNGX
CUSIP:829796‑10‑1
Minimum Investment Amount:$5,000
Minimum IRA Investment Amount:$2,000
Expense Ratio:1.25%

Fund Objectives and Strategy

The Sit Mid Cap Growth Fund objective is to maximize long-term capital appreciation by investing, under normal market conditions, at least 80% of its net assets in the common stocks of companies with capitalizations of $2 billion to $15 billion.  The Adviser invests in domestic growth-oriented medium to small companies it believes exhibit the potential for superior growth.  The Adviser believes that a company’s earnings growth is the primary determinant of its potential long-term return and evaluates a company’s potential for above-average, long-term earnings and revenue growth.

Risk-Reward Profile

risk-reward01

The Sit Mid Cap Growth Fund has higher risk and higher reward potentials.

Investment Style

The Fund invests in mid-cap size, growth-oriented stocks.

Investment Adviser

The Sit Mutual Funds’ investment adviser is Sit Investment Associates, Inc.  It is an employee-owned firm founded in 1981 in Minneapolis, Minnesota and currently manages $16.6 billion.  The firm’s sole business is investment management.

 

Portfolio Management

James Smith

Chief Technology Officer

A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my of drawing a single stroke.

Roger Sit

Chief Executive Officer

Far far away, behind the word mountains, far from the countries Vokalia and Consonantia, there live the blind texts. Separated they live in Bookmarks.