Investment objective & strategy
As of Oct. 29, 2025 · prospectusObjective. Sit Mid Cap Growth Fund (the Fund) seeks to maximize long-term capital appreciation.
Strategy. The Fund seeks to achieve its objective by investing, under normal market conditions, at least 80% of its net assets in common stocks that, at the time of purchase, have market capitalizations that fall within the range of companies included in the Russell Midcap Growth Index during the most recent 12-month period. The Russell Midcap Growth Index ranged from approximately $1.07 billion to $127 billion during the 12-month period ended September 30, 2025. Sit Investment Associates, Inc. (the Adviser) invests in domestic growth-oriented medium to small companies it believes exhibit the potential for superior growth. The Adviser believes that a companys earnings growth is the primary determinant of its potential long-term return and evaluates a companys potential for above average … The Fund seeks to achieve its objective by investing, under normal market conditions, at least 80% of its net assets in common stocks that, at the time of purchase, have market capitalizations that fall within the range of companies included in the Russell Midcap Growth Index during the most recent 12-month period. The Russell Midcap Growth Index ranged from approximately $1.07 billion to $127 billion during the 12-month period ended September 30, 2025. Sit Investment Associates, Inc. (the Adviser) invests in domestic growth-oriented medium to small companies it believes exhibit the potential for superior growth. The Adviser believes that a companys earnings growth is the primary determinant of its potential long-term return and evaluates a companys potential for above average long-term earnings and revenue growth. Several factors are considered in the Advisers evaluation of a company, including: unique product or service, growing product demand, dominant and growing market share, management experience and capabilities, and strong financial condition. The Fund may invest in open-end investment companies (mutual funds) and closed-end investment companies which invest in the same types of securities in which the Fund may invest directly. When selling equity securities for the Fund, the Adviser considers several factors, including changes in a companys fundamentals and anticipated earnings.
Top holdings
As of March 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| BROADCOM INC | — | $19.41M | 9.36% |
| ARISTA NETWORKS INC | — | $15.20M | 7.33% |
| TJX COS INC | — | $7.43M | 3.58% |
| APPLIED MATERIALS INC | — | $7.24M | 3.49% |
| CIENA CORP | — | $6.42M | 3.09% |
| MONOLITHIC POWER SYS INC | — | $5.90M | 2.85% |
| MONEYMKT | FIGXX | $5.65M | 2.73% |
| COHERENT CORP | — | $4.73M | 2.28% |
| DOVER CORP | — | $4.56M | 2.20% |
| ULTA BEAUTY INC | — | $4.50M | 2.17% |
Portfolio moves
Dec 31, 2025 → Mar 31, 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. |
|---|---|---|
| Sit Small Cap Growth Fund · SSMGX | 37% | 1.50% |
| Timothy Plan Large/Mid Cap Growth Fund · TLGAX, TLGCX, TPLIX | 22% | 1.19% |
| Sit Small Cap Dividend Growth Fund · SSCDX, SDFSX | 21% | 0.90% |
Advisers
| Firm | Role |
|---|---|
| Sit Investment Associates, Inc. | Adviser |
Footnotes
- Expense ratio as of October 29, 2025, from the fund's prospectus.
- Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).
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