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