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Aperture Discover Equity Instl (ADISX)

Nasdaq - Nasdaq Delayed price. Currency in USD
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10.970.00 (0.00%)
At close: 08:05AM EDT

Aperture Discover Equity Instl

One Freedom Valley Drive

Advisors' Inner Circle Fund III

(800) 932-7781
Management information
,Lead manager since 29 December 2019
Brad McGill serves as the sole Portfolio Manager of the Discover Equity Fund. Prior to joining the Adviser in October 2019, Mr. McGill was a Portfolio Manager at Diker Management LLC from January 2016 to March 2019. Prior to that, he was a Partner and Senior Analyst at Daruma Capital Management from November 2006 to October 2015. Prior to joining Daruma, Brad was Vice President and Portfolio Manager at Lehman Brothers’ Equity Strategies group, a long/short fund where he managed a market neutral strategy. Earlier in his career, Brad was a Senior Analyst at Banc of America Securities (F/K/A Montgomery Securities) where he was recognized for his consumer sector research, and began his career as a Research Associate in quantitative and fundamental equity research at Smith Barney. He graduated from Lehigh University with a BS in Finance in 1994.
Morningstar style box
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Morningstar category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. Where necessary, we may change a category assignment based on recent changes to the portfolio.

Fund overview

CategorySmall Growth
Fund familyAperture Investors
Net assets212.63M
YTD return18.66%
Yield0.13%
Morningstar rating★★★
Inception date29 Dec 2019

Fund operations

Last dividend0.01
Last cap gain-23.00
Holdings turnoverN/A
Average for categoryN/A

Fees and expenses

ExpenseADISXCategory average
Annual report expense ratio (net)0.48%1.21%
Prospectus net expense ratio0.48%N/A
Prospectus gross expense ratio0.48%N/A
Max 12b1 feeN/AN/A
Max front end sales loadN/A5.40%
Max deferred sales loadN/A1.27%
3-yr expense projection0N/A
5-yr expense projection0N/A
10-yr expense projection0N/A