Fund Evaluator:
Lone Peak Value Institutional (CLIFX)
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Best Performing in Mid-Cap Value Over the Last Year
| 41.4% | Fidelity Value Strategies (FSLSX) |
| 39.3% | Fidelity Advisor Mid Cap Value Z (FIDFX) |
| 39.2% | Fidelity Mid Cap Value (FSMVX) |
| 38.8% | Harbor Mid Cap Value Instl (HAMVX) |
| 38.3% | Harbor Mid Cap Value Investor (HIMVX) |
Fund Details
Lone Peak Value Institutional Overview
Lone Peak Value Institutional (CLIFX) is an actively managed U.S. Equity Mid-Cap Value fund. Lone Peak Global Investors, LLC launched the fund in 2014.
The investment seeks long-term capital appreciation. The fund invests primarily in equity securities of companies of any size that the fund's investment adviser believes are trading at a discount to what they are worth at the time of purchase and have the potential for capital appreciation with acceptable downside risks. The Adviser uses a disciplined "bottom-up" selection process to identify equity securities of companies that appear to be selling at a discount to the Adviser's assessment of their potential value.
About Lone Peak Value Institutional (CLIFX)
There are 1 members of the management team with an average tenure of 12.51 years: Ryan Batchelor (2014). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: Russell 3000 TR USD index with a weighting of 100% and Russell 3000 Value TR USD index with a weighting of 100%. Lone Peak Value Institutional has 34 securities in its portfolio. The top 10 holdings constitute 42.0% 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.
Lone Peak Value Institutional is part of the Equity global asset class and is within the U.S. Equity fund group. Lone Peak Value Institutional has 2.2% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 97.1%. There is 2.2% 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). Lone Peak Value Institutional has 0.7% of the portfolio in cash.
Assets Under Management
The fund has $177 million in total assets, which is below the $642 million average for the Mid-Cap Value 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.
CLIFX 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 Lone Peak Value Institutional expense ratio is high compared to funds in the Mid-Cap Value category. Lone Peak Value Institutional has an expense ratio of 0.90%, which is 13% lower than its category average, making the fund expense ratio grade a C. 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. Lone Peak Value Institutional has a portfolio turnover rate of 71%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 51% for the Mid-Cap Value category.
Recently, in the month of July 2026, Lone Peak Value Institutional returned 2.3%, which earned it a grade of B, as the Mid-Cap Value category had an average return of 1.7%. 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.
Lone Peak Value Institutional has a trailing yield of 1.08%, which is above the 0.87% 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.
Lone Peak Value Institutional Grades
Year to date, the fund has returned 17.2%, 1.6 percentage points better than the category, which translates into a grade of B. The fund has returned 28.5% over the past year (grade of B), 16.3% over the past three years (grade of B) and 8.8% per year over the past five years (grade of C) and 11.3% per year over the past 10 years (grade of B).
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CLIFX 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 |
|
| CLIFX Return (NAV) | 2.3% | 9.2% | 28.5% | 16.3% | 8.8% | 11.3% |
| CLIFX Grade | B | A | B | B | C | B |
| +/- Category | 0.7% | 3.2% | 5.4% | 2.9% | -0.5% | 1.2% |
| Mid-Cap Value Avg | 1.7% | 6.0% | 23.1% | 13.4% | 9.4% | 10.1% |
| CLIFX Tax Cost Ratio | na | na | 0.6% | 0.9% | 1.0% | 1.0% |
CLIFX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| CLIFX Return (NAV) | 17.2% | 18.3% | 9.3% | 5.1% | -3.9% | 20.1% | 10.8% | 23.0% | -8.0% | 10.4% | 35.7% |
| CLIFX Grade | B | A | D | F | A | F | A | F | A | F | A |
| +/- Category | 1.6% | 8.5% | -2.5% | -8.8% | 4.3% | -7.4% | 6.9% | -3.3% | 5.4% | -3.8% | 18.3% |
| Mid-Cap Value Avg | 15.5% | 9.9% | 11.8% | 13.9% | -8.2% | 27.5% | 3.8% | 26.3% | -13.4% | 14.1% | 17.4% |
| Risk Measures | |
| Standard Deviation: | 14.8% |
| Total Risk Index: | 1.21 - Above Average |
| Category Risk Index: | 1.01 - Above Average |
| Category Risk Grade: | D (64% Rank) |
| Beta: | 0.78 |
| R-Squared: | 47% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Mid-Cap Value |
| Bond Investment Style: | na |
| Yield: | 1.1% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $177 Mil |
| Fund Total Assets: | $ 177 Mil |
| Share Class Type: | Inst |
| Portfolio Turnover: | 72% |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 12.5 years | |||
| Average Tenure: 12.5 years | |||
| Managers (Year): Batchelor Ryan (2014) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 34 |
| % in Top 10 Holdings: | 42.0% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 2.2% |
Portfolio Allocation |
|
| Domestic Stock: | 97.1% |
| Foreign Stock: | 2.2% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.7% |
Purchase Information
| Fund Family: | Lone Peak Global Investors, LLC |
| Phone Number: | 800-628-4077 |
| Website: | www.theworldfundstrust.com |
| Status: | Open |
| Inception Date: | January 30, 2014 |
| Min. Initial Purchase: | $100,000 |
| Min. Initial IRA Purchase: | $100,000 |
| 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 (%): | 0.90% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.03% |
| Share Class: | Lone Peak Value Institutional |
| Min. Subsequent Purchase: | $1,000 |
| Min. Subsequent IRA Purchase: | $ 100 |
