Investment objective & strategy
As of Feb. 26, 2026 · prospectusObjective. The investment objective of the Fund is to seek capital appreciation.
Strategy. Under normal market conditions, the Fund invests at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) in stocks, primarily common stocks, of mid-cap issuers. These issuers will have public stock market capitalizations within the range of the market capitalization of companies constituting the Russell Midcap Growth Index (Index) at the time of investment. If the market capitalization of a company held by the Fund moves outside this range, the Fund may, but is not required to, sell the securities. The equity capitalization range of public companies in the Index was $134.6 million to $88.9 billion as of December 31, 2025. The Fund may also invest up to 20% of its … Under normal market conditions, the Fund invests at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) in stocks, primarily common stocks, of mid-cap issuers. These issuers will have public stock market capitalizations within the range of the market capitalization of companies constituting the Russell Midcap Growth Index (Index) at the time of investment. If the market capitalization of a company held by the Fund moves outside this range, the Fund may, but is not required to, sell the securities. The equity capitalization range of public companies in the Index was $134.6 million to $88.9 billion as of December 31, 2025. The Fund may also invest up to 20% of its net assets in small-cap issuers. Using a predominately quantitative analysis, with some additional fundamental analysis depending on market conditions, the Fund invests principally in stock of companies that had low price volatility in the past. The Funds adviser believes that investing in a portfolio of companies with low price volatility will lead to future capital appreciation. The Fund may invest a significant amount of its assets from time to time in technology sectors. The Fund will provide shareholders with at least 60 days notice before changing its 80% investment policy.
Top holdings
As of April 30, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| VERTIV HOLDINGS CO | — | $5.13M | 3.97% |
| ISHARES RUSSELL MID-CAP GROWTH ISHARES RUSSELL MID-CAP GROW | IWP US | $4.28M | 3.31% |
| HOWMET AEROSPACE INC | — | $3.90M | 3.02% |
| QUANTA SVCS INC | — | $3.24M | 2.51% |
| MONOLITHIC POWER SYS INC | — | $3.12M | 2.42% |
| HILTON WORLDWIDE HOLDINGS INC | — | $2.96M | 2.29% |
| ROYAL CARIBBEAN CRUISES LTD | — | $2.69M | 2.08% |
| COMFORT SYSTEMS USA INC | — | $2.59M | 2.00% |
| CLOUDFLARE INC-A | — | $2.44M | 1.89% |
| VISTRA CORP | — | $2.27M | 1.75% |
Portfolio moves
Jan 31, 2026 → Apr 30, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| VOYA RUSSELLTM MID CAP GROWTH INDEX PORTFOLIO · IRGJX, IRGUX, IRGVX | 51% | 0.40% |
| Fidelity Mid Cap Growth Index Fund · FMDGX | 51% | 0.05% |
| iShares Russell Mid-Cap Growth ETF · IWP | 50% | 0.23% |
Advisers
| Firm | Role |
|---|---|
| Commerce Investment Advisors, Inc. | Adviser |
Footnotes
- Expense ratio as of February 26, 2026, from the fund's prospectus.
- Net assets and holdings count as of April 30, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. As reported in the fund's prospectus performance bar chart.
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