HyperiUS Global Equity Fund Information
Frontier Funds information
Investment Objective
The Frontier HyperiUS Global Equity Fund’s goal, also referred to as its investment objective, is long-term capital growth.
Principal Investment Strategy
The Fund's subadviser is Hyperion Asset Management Limited (doing business as H.A.M.L.) (the "Subadviser"). In selecting securities for the Fund, the Subadviser seeks to identify companies that have superior growth prospects and attractive risk-adjusted return profiles.
The Fund will normally hold a limited number (generally 15 to 30) of companies with no restrictions on the market capitalization of the companies in which the Fund may invest.
Lead Portfolio Managers
Mark Arnold
Mark is an original member of the Hyperion investment team and a founding shareholder. He was the key architect of Hyperion’s proprietary investment process including its portfolio management system that has underpinned the investment returns Hyperion has achieved since its inception. Mark has been professionally analysing listed companies since 1991. He originally worked as a Research Analyst at stockbroker Lance Jones Limited and then at Wilsons. Wilsons helped facilitate the establishment of Hyperion.
Jason Orthman
Jason joined Hyperion in 2008 as an Investment Analyst. He was promoted to Portfolio Manager in 2009 and subsequently promoted to Deputy Chief Investment Officer in 2017 in recognition of his contribution to Hyperion’s alpha. Prior to joining Hyperion, Jason gained 6 years of industry experience as a small to mid-cap Equity Analyst with a stockbroker, Wilsons.
Fund Data
Ticker: FHYPX | CUSIP: 35908Y732
Total returns
(as of December 31, 2022)
| Last quarter | -7.73% |
|---|---|
| YTD | -45.32% |
| 1 Year | -45.32% |
| Since Inception* (December 15, 2021) | -42.52% |
Past performance does not guarantee future results. The principal value of an investment and investment return will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end may be obtained by calling 888-825-2100. Investment performance reflects contractual fee waivers in effect. In the absence of such waiver, total returns would be reduced.
Annual Fund Operating Expenses
As of Prospectus Dated October 31, 2022 (expenses that are deducted from Fund assets)
| Management Fees | 0.80% |
|---|---|
| Distribution (12b-1) Fees | None |
| Other Expenses | 1.48% |
| Shareholder Servicing Fee | None |
| Acquired Fund Fees and Expenses | 0.00% |
| Total Annual Fund Operating Expenses | 2.28% |
| Fee Waiver | -1.48% |
| Net Expenses | 0.80% |
Pursuant to an expense cap agreement between the Fund’s adviser, Frontegra Asset Management, Inc. ("Frontegra") and the Fund, Frontegra agreed to waive its management fee and/or reimburse the Fund’s operating expenses to the extent necessary to ensure that the Fund’s total operating expenses (excluding acquired fund fees and expenses) do not exceed 0.80% and 0.95% of the Fund's average daily net assets for Institutional Class and Service Class shares respectively. The expense cap agreement for the Fund will continue in effect until October 31, 2024, with successive renewal terms of one year unless terminated by Frontegra or the Fund prior to any such renewal. “Other Expenses” are presented before any waivers or expense reimbursements.
Ticker: FHGSX | CUSIP: 35908Y724
Total returns
(as of December 31, 2022)
| Last quarter | -7.73% |
|---|---|
| Since Inception* (March 16, 2022) | -31.33% |
Past performance does not guarantee future results. The principal value of an investment and investment return will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end may be obtained by calling 888-825-2100. Investment performance reflects contractual fee waivers in effect. In the absence of such waiver, total returns would be reduced.
Annual Fund Operating Expenses
As of Prospectus Dated October 31, 2022 (expenses that are deducted from Fund assets)
| Management Fees | 0.80% |
|---|---|
| Distribution (12b-1) Fees | None |
| Other Expenses | |
| Shareholder Servicing Fee | 0.15% |
| Additional Other Expense | 1.43% |
| Total Other Expenses | 1.58% |
| Total Annual Fund Operating Expenses | 2.38% |
| Fee Waiver | -1.43% |
| Net Expenses | 0.95% |
Pursuant to an expense cap agreement between the Fund’s adviser, Frontegra Asset Management, Inc. ("Frontegra") and the Fund, Frontegra agreed to waive its management fee and/or reimburse the Fund’s operating expenses to the extent necessary to ensure that the Fund’s total operating expenses (excluding acquired fund fees and expenses) do not exceed 0.80% and 0.95% of the Fund's average daily net assets for Institutional Class and Service Class shares respectively. The expense cap agreement for the Fund will continue in effect until October 31, 2024, with successive renewal terms of one year unless terminated by Frontegra or the Fund prior to any such renewal. “Other Expenses” are presented before any waivers or expense reimbursements.
Quarterly (as of December 31, 2022)
Top 10 Holdings
| Microsoft Corp | 10.05% |
|---|---|
| ServiceNow Inc | 9.93% |
| Tesla Inc | 9.86% |
| Amazon.com Inc | 9.64% |
| Visa Inc. | 4.81% |
| Block Inc Class A | 4.79% |
| Hermes Intl | 4.67% |
| Workday Inc Class A | 4.58% |
| Mastercard Inc | 4.26% |
| Spotify Technology SA | 4.10% |
Region, by Country of Domicile
Important Fund Information
Past performance does not guarantee future results. The principal value of an investment and investment return will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost.
Before investing, carefully consider the Fund's investment objectives, risks, charges and expenses. Please see the prospectus containing this and other information which can be obtained by calling 888-825-2100. Read it carefully before investing.
Mutual fund investing involves risk, including the possible loss of the money you invest.
An investment in the Fund is subject to risks, and you could lose money on your investment in the Fund. There can be no assurance that the Fund will achieve its investment objective. The Fund invests in companies located in developed countries but may also invest in emerging markets as part of its principal investment strategy. Investments in emerging market securities involve additional risks. Investments in securities of foreign companies involve additional risks. The risks associated with an investment in the Fund can increase during times of significant market volatility. The Fund is also non-diversified which means it may invest in a smaller number of securities than funds that are diversified. The Fund also has specific principal risks which are listed below.
The principal risks of investing in the Frontier HyperiUS Global Equity Fund include: market risk and recent market events, common stock risk, foreign securities risk, emerging markets risk, currency risk, non-diversification risk, management risk, stock selection risk, American Depositary Receipts risk, large capitalization risk, small and medium capitalization companies risk, growth investing risk, sector emphasis risk, technology sector risk, consumer discretionary sector risk, communication services sector risk, new fund and subadviser risk, liquidity risk, shareholder concentration risk, and cybersecurity risk.
More detailed information regarding these risks can be found in the Fund's prospectus.
The Frontier Funds are not offered for sale in countries other than the United States and its territories.