Chesapeake Growth Fund
CHCGX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 225 Pictoria Drive Cincinnati OH United States of America 45246
- IPO Date
- Sep 29, 1997
- CIK
- 0000893759
- Website
- chesapeakefunds.com
- Similar Companies
- Business
- Chesapeake Growth Fund (CHCGX) is an open-end mutual fund that seeks capital appreciation by investing primarily in equity securities of large-cap U.S. companies. The Fund, a diversified separate investment portfolio of Chesapeake Investment Trust, allocates at least 90% of its total assets to equity securities and at least 80% to the largest 1,000 U.S.-domiciled companies by market capitalization, with holdings typically traded on domestic exchanges or over-the-counter markets; its portfolio emphasizes large-growth stocks across sectors including technology (approximately 31%), financial services (16%), consumer cyclical (15%), industrials (12%), and communication services (11%), with top holdings such as Apple Inc., Microsoft Corp., Mastercard Inc., Amazon.com Inc., and NVIDIA Corp. Launched on September 29, 1997, and domiciled in the United States, the Fund maintains total net assets of approximately $44-46 million, a net expense ratio of 1.74-1.76%, and a minimum initial investment of $2,500; it is available for sale in the United States with daily pricing and managed by W. Gardner (William Whitfield Gardner) since inception through advisor Gardner Lewis Asset Management L.P. The Fund targets growth-oriented investors seeking exposure to U.S. large-cap equities, with geographic focus predominantly in the United States (86% of assets), supplemented by limited non-U.S. stock positions in Europe, Canada, and Latin America. No major recent changes, such as partnerships, acquisitions, funding rounds, new product launches, or strategic shifts, have been reported for the Fund or its advisor within the last 1-2 years; it continues to operate steadily in the large growth category amid ongoing portfolio turnover of 45%.