RiverParks Large Growth Fund Retail Shares (RPXFX)
RiverParks Large Growth Fund Retail Shares operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $29.42, down 0.37% on the session, giving a market capitalisation of $49.1M. On trailing twelve-month figures it carries a trailing P/E of -10.32, a net margin of -867.5%. Its beta of 1.29 implies it has historically moved more than the broad market.
This fund aims to achieve substantial long-term capital growth. Its strategy involves investing in the stock of major corporations that RiverPark's management team identifies as possessing superior growth prospects. Typically, the portfolio dedicates a minimum of 80% of its net assets (plus any funds borrowed for investment) to securities issued by these large-capitalization companies. Common equity shares form the primary component of its investments. For the fund's purposes, large-cap companies are those with market valuations surpassing $5 billion.
RiverParks Large Growth Fund Retail Shares is most often compared with the following Financial Services names: