FAQs

 

How can I become a shareholder in The Jensen Value Fund?

You can download an application directly from our website by going to How to Invest. If you prefer, you may request that information mailed to you by calling 800.992.4144. Please read the Prospectus carefully before you send money. The Jensen Value Fund is also available through many discount, online and independent brokerage firms.

 

Who manages The Jensen Value Fund?

The Jensen Value Fund is team managed. Our team is guided by a group of knowledgeable professionals with a broad spectrum of business experience. This careful, deliberate group is committed to obtaining a deep understanding of the companies that meet our exacting standards. Meet the Investment Team.

 

What is the difference between share classes and what is the minimum investment required?

The Jensen Value Fund offers two share classes to meet the needs of a broad range of mutual fund investors:

J Shares - minimum investment $2500.   The Jensen or “J” shares, can meet the needs of individual investors, 401(k) and other retirement plan participants and smaller institutions.

I Shares - minimum investment of $1,000,000. The Institutional or "I" shares meet the needs of institutional investors, financial advisers and high-net-worth individual investors.

 

What type of investor is suitable for The Jensen Value Fund?

The Fund may be suitable for long-term investors seeking a high-quality portfolio of common stocks and who accept and understand short-term market fluctuations.

 

What are the expenses for The Jensen Value Fund?

The overall expense ratio of our retail class  “J” shares (minimum investment $2500) is 1.25%.

 

How is portfolio risk controlled and monitored?

At Jensen we work to manage risk in three vital areas.


Investment

Operational

Organizational

 

 

 

How do you communicate with shareholders?

Candid discussion is inherent to the communications we provide to shareholders of The Jensen Value Fund. We strive to respond promptly to shareholder inquiries.

Performance updates are posted to the website on a monthly basis and the Fund's Holdings are provided on a quarterly basis.

Jensen's Investment Brief newsletter offers more in-depth information about our view of some of the companies held in the Fund and quarterly Fact Sheets offer commentary and discussion on performance. Periodic White Papers also provide our shareholders with Jensen's views on a broad spectrum of topics that affect the Fund.

Jensen provides timely capital gains notices as well as helpful information that can be of assistance in filing tax returns. When applicable,  Fund's Distribution History will be available on this site.

 

What is the Difference between The Jensen Portfolio and The Jensen Value Fund?

The primary investment objective of both funds is long-term growth of capital. For both funds our investment universe is comprised of fewer that 200 companies with a market capitalization of $1 billion or more that have demonstrated consistently strong business performance in each of the last 10 years.  The Jensen Portfolio emphasizes successful, well-managed companies with significant growth potential that are available at a discount,  while The Jensen Value Fund focuses on strong performing companies that may be out of favor and priced lower than similar companies.

 

Can you find both growth and value companies in the same investable universe?

Absolutely.   We don’t subscribe to the usual definition of a value stock as a downtrodden company that may have the ability to turn itself around.  Instead, we look for quality.  Jensen looks only at companies that have consistently demonstrated strong business performance in each of the last ten years.  These companies have produced consistent returns above their own capital costs, which we believe makes them more likely to deliver long-term shareholder value. 

By applying our strict valuation criteria to these companies, we have created The Jensen Value Fund of 50 — 60 quality companies that we believe are undervalued relative to their business performance. 

 

Why is it the right time for Jensen to introduce a Value Fund?

The launch of The Jensen Value Fund is actually the culmination of a very long process that grew out of our ongoing process of looking at ways to improve The Jensen Portfolio.

Several years ago we identified the potential for a value fund.  Rather than rush to launch what we believed to be a good idea, we undertook several years of research and back testing our thesis within Jensen’s qualifying universe of companies. Only when we felt completely confident in our results, did we determine it was time to offer The Jensen Value Fund.     

 

 

 

Past performance does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost.

There is no assurance that the investment process will lead to successful investing or that the stated ovjective(s) will be met.

For more complete information about The Jensen Funds including investment objectives, risks, fees and expenses, please go to Prospectus, or call 800.992.4144. Read the prospectus carefully before you invest or send money.


Mutual fund investing involves risk. Principal loss is possible. The Fund invests in mid and smaller capitalization companies, which involve additional risks such as limited liquidity and greater volatility. The Fund may invest in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods.

Diversification does not assure a profit or protect against loss in a declining market.


Free Cash Flow: Is equal to the after-tax net income of a company plus depreciation and amortization less capital expenditures.

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