Q3 2017
ENTREPRENEURSHARES GLOBAL FUND
INVESTMENT STYLE (%)
INVESTMENT STRATEGY> The fund invests in a portfolio of global entrepreneurial companies with market caps above $300MM. We select investments based on our 15 proprietary qualitative and quantitative filters. Our investment style places high value on visionary leaders who are stewards of their companies and possess high economic and personal stakes. APPROACH> The firm utilizes a bottom-up fundamental approach to identify investments in companies that possess 15 entrepreneurial attributes. Our extensive academic research and 10+ years of professional performance assert that companies possessing these characteristics have the potential to outperform “non-entrepreneurial” companies over time. BENEFIT> Investing in companies based on our core fundamental characteristics will provide the foundation to build a high conviction portfolio that has the potential to generate strong alpha and upside capture.
VALUE BLEND GROWTH
5%
8% 37%
LARGE
6% 11% 27%
MID
RISK RETURN ANALYSIS (January 17, 2013 – September 30, 2017)
0% 2% 4%
SMALL
ENTIX
MSCI World
FUND DETAILS Strategy AUM 37.17MM No. of Holdings 66 Ticker symbol: ENTIX Inception date: 11/11/10
30 24 18 12 6
500 400 300 200 100
250 200 150 100 50
20
4
15
3
10
2
5
1
Distributer: Rafferty Capital Markets, LLC
9.35% 9.95%
96.16% % 100.00%
103.34% 100.00%
-1.29%
ZERO
1.03 1.00
EXPENSE RATIOS (%) Global 2.53 1.70 Net expense ratios reflect the expense waiver that the advisor has contractually agreed to through 11/1/17. Gross Net Class I
Compound Returns (%)
Up Capture (%)
Down Capture (%)
Alpha (%)
Beta
SHARPE RATIO
INFORMATION RATIO
STANDARD DEVIATION
ENTIX MSCI WORLD
0.70
-0.26
13.27%
0.88
12.00%
EQUITY CHARACTERISTICS
TRAILING PERIOD RETURNS (January 17, 2013 – September 30, 2017)
P/E Ex-Neg Earnings: 24.41 Avg Mkt Cap ($-WTD): 71.49B
LAST 1 MO
LAST 3 MO
YTD
1 YEAR
3 YEAR
5 YEAR
INCEPTION
ENTIX MSCI WORLD
1.33%
5.53%
21.25%
22.60%
11.17%
11.28%
9.35%
MANAGER PERSPECTIVE> Fund managed by: Joel Shulman, Ph.D., CFA The investment strategy applies academic research by Dr. Joel Shulman, Professor of Entrepreneurship at Babson College. Dr. Shulman’s 20+ years of analysis asserts that organizations which emphasize entrepreneurial culture, organic growth, and aligned compensation, are Entrepreneurial leaders tend to keep their organization costs lean, debt levels manageable, and expansion projects within reach. Many have built their companies since inception and therefore have a vested interest in utilizing resources efficiently and achieving success. This has the potential to translate into significant shareholder value. likely to trump corporate bureaucracy over time.
2.28%
4.96%
16.53%
18.83%
8.30%
11.62%
9.95%
CALENDAR YEAR RETURNS RETURNS (January 17, 2013 – September 30, 2017)
YTD
2016
2015
2014
2013
2012
2011
ENTIX MSCI WORLD
21.25%
8.79%
1.87%
-2.24%
28.58%
15.07% -10.14%
16.53%
8.15%
-0.32%
5.50%
27.36%
16.54% -5.02%
GROWTH OF A $10,000 INVESTMENT (January 17, 2013 – September 30, 2017)
ENTIX
MSCI World
$19,000
$16,250
$13,500
$10,750
$8,000
JUN 11
JUN 12
JUN 13
JUN 14
JUN 15
JUN 16
DEC 16
DISCLOSURE> performance data quoted represents past performance; past performance does not guarantee future results. the investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. current performance of the fund may be lower or higher than the performance quoted. performance data current to the most recent month end may be obtained by calling 1-877-271-8811 or visiting www.ershares.com.
ENTREPRENEURSHARES | 175 Federal St, Suite 875 Boston, MA 02110 | 617 279 0045 www.ershares.com | GLOBAL FUND
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