The bar chart and table shown below illustrate the variability of the Composite's returns. The table shows how the Composite's average annual returns compare with those for the Russell 1000 Growth and S&P 500 Indexes, which are unmanaged indexes of mostly larger-sized companies.
The Composite's past performance is not necessarily an indication of how the Composite will perform in the future.
Gross & Net of Fees Performance
Performance data shown represents past performance; past performance does not guarantee future results and other calculation methods may produce different results. There is the possibility of loss of principal value. The Russell 1000 Growth index measures the performance of those Russell 1000 Index companies with higher price-to-book ratios and higher forecasted growth values. The S&P 500 Index is a market value weighted index consisting of 500 stocks chosen for market size, liquidity and industry group representation. These indexes are unmanaged, and you cannot invest directly in an index. Accounts in the Composite are non-diversified, meaning that they may concentrate their assets in fewer individual holdings than a diversified product, and therefore are more exposed to individual stock volatility than a diversified product. Performance for the 3,5, and 10-year periods represent average annual returns.
These returns are presented as supplemental information to the returns required by the Global Investment Performance Standards (GIPS®) Advertising Guidelines. Please see the Statement of Performance Results for full performance disclosures. For accounts that fall below The Jensen Investment Management institutional separate account minimum, there is a pooled investment vehicle that offers an institutional share class and is managed in a similar format. This product is available upon request by prospectus only.
Performance data shown is for The Jensen Quality Growth Composite, which currently includes 127 accounts. Unlike the net performance shown for the composite, the gross performance presented here does not reflect the deduction of investment advisory fees which will reduce the performance results of each of Jensen's clients. Jensen's investment advisory fees are disclosed in Part II of its Form ADV. Your portfolio results may differ due to your particular investment guidelines, active portfolio management and changing market conditions. To receive a complete list and description of Jensen's composites and/or a presentation that adheres to GIPS® Standards, call 800.221.4384.
