• Sustainable Equity Fund

Fund Objective

The Sustainable Equity Fund seeks long-term capital appreciation.

Investment Strategies

The fund seeks to achieve its investment objective by investing in the common stocks of high-quality, durable growth large capitalization companies that the Fund’s portfolio managers believe incorporate sustainability into their overall strategy. Under normal market conditions, at least 80% of the Fund’s net assets will be invested in stocks that meet Madison’s sustainability criteria. The portfolio managers define “high-quality” companies as those businesses that have demonstrated durable growth, operate in large growth markets, and have strong competitive advantages with high barriers to entry. The fund may also invest up to 30% of its assets in foreign securities (including American Depositary Receipts and emerging market securities). To the extent invested in common stocks, the fund generally invests in only 35-50 companies at any given time. This reflects Madison’s belief that your money should be invested in the adviser’s top investment ideas, and that focusing on Madison’s highest conviction investment ideas is the best way to pursue the Fund’s investment objectives.

Key Highlights

(as of Tuesday December 06, 2022)    
  Class Y Class I
Daily Price 8.43 8.43
Ticker Symbol MFSYX MFSIX
Inception Date 12/31/2021 12/31/2021
Expense Ratio 0.91 0.81


Links to other Madison Funds information:
Daily Price Summary
Performance Summary (PDF)
Prospectus and Financial Reports
Account Applications and Forms
Tax Information

 

Portfolio Management


Maya Bittar, CFA®

David Geisler
 

Portfolio Highlights

Top Ten Fund Holdings
(as of October 31, 2022)
MICROSOFT CORP5.2%
ELI LILLY + CO4.8%
APPLE INC4.3%
ALPHABET INC CL C4.2%
COSTCO WHOLESALE CORP4.1%
VISA INC CLASS A SHARES4.0%
DANAHER CORP3.9%
UNITEDHEALTH GROUP INC3.8%
TARGET CORP3.6%
BRISTOL MYERS SQUIBB CO2.9%
% of Fund in Top Ten Securities40.7%
 
Total Net Assets (as of 9/30/22) $7.9 Million
Turnover  n/a

Complete Holdings List