Fund Evaluator:
Chase Growth N (CHASX)
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Best Performing in Large Growth Over the Last Year
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Fund Details
Chase Growth N Overview
Chase Growth N (CHASX) is an actively managed U.S. Equity Large Growth fund. Chase launched the fund in 1997.
The investment seeks growth of capital. Under normal market conditions, the fund invests primarily in common stocks of domestic companies of any size market capitalization. Stocks that the adviser purchases for it typically have earnings growth in excess of 10% per year on a historical basis, have demonstrated consistency of earnings growth over time and are believed by the adviser to be of higher quality than other company stocks. The fund may invest a portion of its assets in non-U.S. issuers that are either publicly traded in the U.S. or through the use of depositary receipts, such as American Depositary Receipts ("ADRs").
About Chase Growth N (CHASX)
There are 3 members of the management team with an average tenure of 10.85 years: Peter Tuz (2011), Robert Klintworth (2012), Spencer Garrett (2024). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and Lipper Multi-Cap Growth Funds USD index with a weighting of 100%. Chase Growth N has 35 securities in its portfolio. The top 10 holdings constitute 43.3% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Chase Growth N is part of the Equity global asset class and is within the U.S. Equity fund group. Chase Growth N has 3.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 91.6%. There is 3.1% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Chase Growth N has 5.3% of the portfolio in cash.
Assets Under Management
The fund has $64 million in total assets, which is below the $2 billion average for the Large Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
CHASX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Chase Growth N expense ratio is high compared to funds in the Large Growth category. Chase Growth N has an expense ratio of 1.15%, which is 20% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Chase Growth N has a portfolio turnover rate of 107%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 54% for the Large Growth category.
Recently, in the month of July 2026, Chase Growth N returned -3.7%, which earned it a grade of C, as the Large Growth category had an average return of -3.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Chase Growth N has a trailing yield of 0.00%, which is below the 0.06% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Chase Growth N Grades
Year to date, the fund has returned 22.0%, 18.3 percentage points better than the category, which translates into a grade of A. The fund has returned 34.8% over the past year (grade of A), 30.0% over the past three years (grade of A) and 16.6% per year over the past five years (grade of A) and 16.0% per year over the past 10 years (grade of B).
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CHASX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| CHASX Return (NAV) | -3.7% | 5.2% | 34.8% | 30.0% | 16.6% | 16.0% |
| CHASX Grade | C | A | A | A | A | B |
| +/- Category | -0.6% | 3.5% | 25.8% | 11.9% | 7.9% | 0.6% |
| Large Growth Avg | -3.1% | 1.7% | 9.1% | 18.1% | 8.7% | 15.4% |
| CHASX Tax Cost Ratio | na | na | 2.3% | 2.6% | 2.8% | 2.5% |
CHASX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| CHASX Return (NAV) | 22.0% | 20.6% | 38.7% | 25.9% | -20.4% | 22.1% | 18.2% | 25.8% | -4.0% | 24.5% | 2.5% |
| CHASX Grade | A | A | A | F | A | C | F | F | F | F | C |
| +/- Category | 18.3% | 4.9% | 9.0% | -13.0% | 11.7% | 1.7% | -24.0% | -7.4% | -3.3% | -5.3% | -0.2% |
| Large Growth Avg | 3.7% | 15.7% | 29.7% | 38.9% | -32.1% | 20.4% | 42.3% | 33.2% | -0.7% | 29.8% | 2.7% |
| Risk Measures | |
| Standard Deviation: | 18.0% |
| Total Risk Index: | 1.47 - High |
| Category Risk Index: | 1.02 - Above Average |
| Category Risk Grade: | D (71% Rank) |
| Beta: | 1.29 |
| R-Squared: | 87% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Growth |
| Bond Investment Style: | na |
| Yield: | 0.0% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $154 Mil |
| Fund Total Assets: | $ 64 Mil |
| Share Class Type: | N |
| Portfolio Turnover: | 107% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 15.5 years | |||
| Average Tenure: 10.9 years | |||
| Managers (Year): Tuz Peter (2011), Klintworth Robert (2012), Garrett Spencer (2024) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 35 |
| % in Top 10 Holdings: | 43.3% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 3.1% |
Portfolio Allocation |
|
| Domestic Stock: | 91.6% |
| Foreign Stock: | 3.1% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 5.3% |
Purchase Information
| Fund Family: | Chase |
| Phone Number: | 888-861-7556 |
| Website: | www.chasegrowthfunds.com |
| Status: | Open |
| Inception Date: | December 2, 1997 |
| Min. Initial Purchase: | $2,000 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 1.15% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.96% |
| Share Class: | Chase Growth N |
| Min. Subsequent Purchase: | $ 250 |
| Min. Subsequent IRA Purchase: | $ 0 |
