This blog post digs into the Chase Growth Fund, a five-star Morningstar-rated all-cap fund that’s turned in standout performance with a disciplined, rule-based approach. With an agile mandate that shifts between large and smaller companies, the fund aims to capture both AI-driven growth names and the infrastructure buildout powering the tech economy.
The post highlights the fund’s track record, its managers’ process, and some of the key holdings that drive their conviction.
Performance snapshot and track record
Over 3-, 5-, and 10-year periods, the fund has outperformed the S&P 500. This all-cap approach lets them make nimble moves as markets shift.
In the last year, the fund jumped 53% compared to a 28% gain for the S&P 500. That’s a pretty striking gap, and it shows what active stock selection and sector positioning can do during an AI-driven rally.
Investment approach and process
The managers—Robert Klintworth, Peter Tuz, and Spencer Garrett—say the all-cap mandate gives them flexibility. They mix large-cap liquidity with smaller-cap opportunities, pivoting as new growth drivers pop up or fade away.
They use a screening framework that leans on objective signals, not gut feelings. About six technical indicators, including relative strength, help them decide when to enter, exit, or size positions.
A big part of their discipline is target-price sell triggers. These triggers aim to cut out guesswork and protect capital if a catalyst doesn’t pan out.
For portfolio construction, they focus on diversification and discipline. The goal is to balance AI-focused winners with infrastructure names that underpin the AI economy, and to avoid putting too many eggs in one basket.
Notable holdings and investment themes
Among the portfolio’s biggest holdings, Alphabet takes the top spot. The managers see it as a long-term play in search, digital ads, and cloud services.
They’ve also trimmed Nvidia several times since buying in 2020, just to avoid getting overexposed to a single AI winner. Alongside the headline AI names, their screening has turned up industrial beneficiaries of data-center and infrastructure expansion—companies that might not make AI headlines but help build the backbone of the AI economy.
- MasTec: a former telecom now in energy and infrastructure; added about 14 months ago and has rallied roughly 240% since.
- MasTec was also held previously. The managers like its pivot from telecom to pipeline and high-voltage transmission work—it’s a big reason for their conviction.
- BrightSpring Health Services: a $10.7 billion pharmacy and home-based care provider, set up to benefit from rising in-home service demand as the population ages.
- Littelfuse: a $11.5 billion circuit protection and power-control company. Analysts expect 35% earnings growth this year and 17% next year.
These holdings show a practical mix of high-conviction AI names and crucial infrastructure players supporting the broader AI ecosystem. The managers aren’t just chasing the flashiest AI stories—they’re looking for durable winners in the data-driven, electrified economy.
Risk management, position sizing, and ongoing discipline
The team tries to keep emotions in check by sticking to a structured framework. They use up to six technical indicators and set target-price sell triggers to guide decisions.
These rules help them decide when to cut exposure or exit a position. It’s all about protecting capital during wild swings and avoiding those knee-jerk, “dash-for-trash” moves that rarely work out.
The fund puts a lot of emphasis on diversification—spreading investments across sectors and market cap ranges. This way, they can catch the wave of AI-driven winners but also tap into opportunities in infrastructure and energy that support the whole AI buildout.
If you’re after a mix of growth and some added resilience, the Chase Growth Fund has a pretty interesting pitch. You get exposure to AI and data-center demand while also holding onto infrastructure-enabled names.
The fund uses an all-cap approach and a disciplined process, with risk controls woven throughout. They’re aiming for strong long-term results, especially for investors who want a stake in the evolving AI economy.
Here is the source article for this story: Alphabet is the top holding of this five-star fund that is also finding 240% gains in the ‘unsexy’ side of the AI buildout