Fund Evaluator:
Polen International Growth Investor (POIRX)
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Best Performing in Foreign Large Growth Over the Last Year
| 27.0% | WCM Focused International Equity Inv (WLIVX) |
| 25.4% | Saturna International Z (SIFZX) |
| 25.1% | Saturna International (SSIFX) |
| 24.2% | American Funds EUPAC F-3 (FEUPX) |
| 23.2% | Fidelity Diversified International (FDIVX) |
Fund Details
Polen International Growth Investor Overview
Polen International Growth Investor (POIRX) is an actively managed International Equity Foreign Large Growth fund. Polen Capital launched the fund in 2017.
The investment seeks to achieve long-term growth of capital. The fund typically invests in a focused portfolio of approximately 25 to 35 common stocks of large capitalization companies (market capitalizations greater than $5 billion at the time of purchase), including companies in both developed and emerging markets, that, in the Adviser's opinion, have a sustainable competitive advantage. It invests primarily in non-U.S. equity securities. The fund is non-diversified.
About Polen International Growth Investor (POIRX)
There are 1 members of the management team with an average tenure of 7.58 years: Daniel Fields (2019). Management tenure is more important for actively managed funds than passive index funds.
The fund has 1 primary benchmark: MSCI ACWI Ex USA NR USD index with a weighting of 100%. Polen International Growth Investor has 41 securities in its portfolio. The top 10 holdings constitute 54.7% of the fund’s assets. The fund meets the SEC requirement of being classified as a nondiversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Polen International Growth Investor is part of the Equity global asset class and is within the International Equity fund group. Polen International Growth Investor has 84.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 12.5%. There is 84.4% 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). Polen International Growth Investor has 3.1% of the portfolio in cash.
Assets Under Management
The fund has $747 million in total assets, which is below the $1 billion average for the Foreign 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.
POIRX 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 Polen International Growth Investor expense ratio is high compared to funds in the Foreign Large Growth category. Polen International Growth Investor has an expense ratio of 1.33%, which is 29% 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. Polen International Growth Investor has a portfolio turnover rate of 59%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 51% for the Foreign Large Growth category.
Recently, in the month of July 2026, Polen International Growth Investor returned -1.0%, which earned it a grade of B, as the Foreign Large Growth category had an average return of -2.7%. 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.
Polen International Growth Investor has a trailing yield of 0.00%, which is below the 0.95% 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.
Polen International Growth Investor Grades
Year to date, the fund has returned -5.6%, 12.1 percentage points worse than the category, which translates into a grade of F. The fund has returned -7.8% over the past year (grade of F), -1.4% over the past three years (grade of F) and -4.1% per year over the past five years (grade of F).
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POIRX 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 |
|
| POIRX Return (NAV) | -1.0% | 3.6% | -7.8% | -1.4% | -4.1% | na |
| POIRX Grade | B | B | F | F | F | na |
| +/- Category | 1.6% | 1.0% | -20.9% | -12.2% | -7.3% | na |
| Foreign Large Growth Avg | -2.7% | 2.6% | 13.1% | 10.7% | 3.2% | 8.2% |
| POIRX Tax Cost Ratio | na | na | 0.0% | 0.0% | 0.0% | na |
POIRX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| POIRX Return (NAV) | -5.6% | -1.0% | -4.0% | 27.5% | -30.1% | 5.4% | 9.5% | 25.6% | -6.0% | 33.3% | na |
| POIRX Grade | F | F | F | A | F | D | F | F | A | B | na |
| +/- Category | -12.1% | -21.0% | -9.3% | 10.8% | -4.9% | -2.7% | -16.0% | -3.6% | 7.6% | 1.2% | na |
| Foreign Large Growth Avg | 6.5% | 20.0% | 5.3% | 16.7% | -25.2% | 8.1% | 25.5% | 29.3% | -13.6% | 32.1% | -1.6% |
| Risk Measures | |
| Standard Deviation: | 15.9% |
| Total Risk Index: | 1.29 - Above Average |
| Category Risk Index: | 1.04 - Above Average |
| Category Risk Grade: | D (72% Rank) |
| Beta: | 0.84 |
| R-Squared: | 54% |
| 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: | $23 Mil |
| Fund Total Assets: | $ 1 Mil |
| Share Class Type: | Inv |
| Portfolio Turnover: | 59% |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 7.6 years | |||
| Average Tenure: 7.6 years | |||
| Managers (Year): Fields Daniel (2019) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 41 |
| % in Top 10 Holdings: | 54.7% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 84.4% |
Portfolio Allocation |
|
| Domestic Stock: | 12.5% |
| Foreign Stock: | 84.4% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 3.1% |
Purchase Information
| Fund Family: | Polen Capital |
| Phone Number: | 888-678-6024 |
| Website: | www.polencapital.com |
| Status: | Open |
| Inception Date: | March 15, 2017 |
| Min. Initial Purchase: | $3,000 |
| Min. Initial IRA Purchase: | $2,000 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.25% |
Expenses and Fees | |
| Expense Ratio (%): | 1.33% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.03% |
| Share Class: | Polen International Growth Institutional |
| Min. Subsequent Purchase: | $ 100 |
| Min. Subsequent IRA Purchase: | $ 100 |
