Jackson Square SMID-Cap Growth Fund
JSMVX
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
- Managed Portfolio Series United States of America
- IPO Date
- Sep 19, 2016
- CIK
- 0001511699
- Similar Companies
- Business
- Jackson Square SMID-Cap Growth Fund (JSMVX) is an actively managed open-end mutual fund that seeks long-term capital appreciation by investing primarily in common stocks of small- and mid-capitalization growth-oriented companies, with at least 80% of its net assets (plus borrowings for investment purposes) allocated to securities issued by such companies within the market capitalization range of the Russell 2500 Growth Index. The fund, managed by Jackson Square Partners, LLC, an independent investment manager founded in 2014 and headquartered in Larkspur, California, emphasizes a concentrated, long-term approach focused on intrinsic business value growth across sectors including industrials, healthcare, technology, financial services, and communication services, with approximately 95% of holdings in U.S. stocks and minor exposure to non-U.S. equities. It offers multiple share classes, including Investor (JSMVX), Institutional (JSMTX), and others, targeting institutional investors, consultants, and individual accounts through separate accounts, mutual funds, private funds, and collective investment trusts. The fund's portfolio features select growth holdings such as Vertiv Holdings Co., Clean Harbors Inc., Wyndham Hotels & Resorts Inc., SBA Communications Corp., and Aaon Inc., representing about 24% of assets, with top sectors comprising industrials (31.82%), healthcare (20.43%), and technology (17.22%). Launched on December 1, 2003, under the oversight of portfolio managers including Kenneth Broad (since inception), it operates from U.S. Bancorp Fund Services in Kansas City, Missouri, for investor servicing and maintains a global client base primarily in the United States. Recent developments include a January 2023 leadership transition at Jackson Square Partners, where Ian Ferry assumed Chief Investment Officer duties in July 2023 and Kenneth Broad was appointed co-Chair, with founding partner Jeff Van Harte planning full retirement in 2024; Broad continues as portfolio manager for the SMID-Cap Growth strategy. In 2024, the firm outsourced middle- and back-office functions amid significant asset outflows and underperformance, reducing staff to four investment professionals by March 2025 while retaining employee ownership and a minority stake held by Affiliated Managers Group. As of December 31, 2024, Jackson Square Partners manages approximately $995 million in total assets, reflecting ongoing strategic adaptations to market challenges.