Turner US Core Growth Equity Fund - Class I Dollar

The Turner US Core Growth Fund invests primarily in equity and equity-related securities issued by companies having their head office or exercising a predominant part of their activity in the United States.  The Fund is comprised of an actively managed diversified portfolio of approximately 60-80 US companies generally with capitalisations of greater than US$3 billion (USD, at purchase) that Turner Investment Partners, Inc. believes have strong earnings growth potential.

Turner Core Growth Equity Fund Fact Sheet



Profile | Top Holdings | Performance | Prospectus


Profile

Investment Objective
To maximise total return, primarily through capital appreciation, and outperform the Russell 1000 Growth Index over a full market cycle (i.e. a 3 to 5 year rolling cycle).

Investment Process

The Turner US Core Growth Fund's investment process involves the use of three tools to evaluate stocks for investment or continued ownership:

  • a proprietary computer model, used to screen candidates for investment according to numerous earnings-growth and valuation factors.

  • fundamental analysis, used to ascertain if the companies we follow will exceed, meet, or fall short of consensus earnings expectations.

  • technical analysis, used to evaluate trends in trading volume and prices of individual stocks.

Altogether, stocks that rate favorably according to the three tools may be purchased. Conversely, stocks that rank unfavorably in those criteria either aren't purchased or, in the case of holdings, are sold.

Inception Date
7.31.08

Composition


  Asset Type Proportion
  Equities 99.80%
  Cash Equivalents 0.20%

Top Holdings

as of September 30, 2008
 Percentage of Portfolio Assets†
GOOGLE INC3.32 %
SCHLUMBERGER2.87 %
APPLE INC2.79 %
PEPSICO INC2.57 %
QUALCOMM2.54 %
INTEL CORP2.51 %
GILEAD SCIENCES INC2.41 %
US BANCORP2.22 %
GOLDMAN SACHS INC.2.21 %
SCHWAB CHARLES CORP2.13 %

† Based on Market Value

Complete Holdings


These holdings are not recommendations and we may no longer hold these securities.

Performance:


As of 11/20/08

Net Asset Value: $ 55.92
Total Net Assets: $ 201,314



As of 09/30/08 Expense Ratio Information
Description 1 Year Annualized
3 Years
Annualized
5 Years
Annualized
Since
Inception
No Load N/A N/A N/A N/A


Risk Disclosure

Turner US Core Growth Equity Fund (the "Fund"), is a sub-fund of Turner Funds plc (the "Company") which is an umbrella type open-ended self managed investment company with variable capital incorporated on 22 April 2008 with limited liability under the laws of Ireland with registered number 456419 and segregated liability between sub-funds. The Company is authorised in Ireland by the Financial Regulator pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2003 (S.I. No. 211 of 2003), as amended. Accordingly, the Company is supervised by the Irish Financial Services Regulatory Authority.

Nothing presented should be construed as a recommendation or advice to any prospective investor in relation to the subscription, purchase, holding or disposition of shares in any fund. An investment in the Fund involves risk and your attention is drawn to the section headed "Risk Warnings" of the Prospectus. There can be no guarantee that the Fund¹s investment objectives will be achieved or that shares, when redeemed, will be worth more than when they were purchased. An investment should only be made by those persons who could sustain a loss on their investment.

Past performance is not a guide to future returns and investors may not get back the full amount invested. This document is intended for informational purposes only and does not constitute investment advice or solicitation.

Where Turner International Ltd. or Turner Investment Partners, Inc. has expressed views and opinions, these are our present opinions only and are subject to change.

The Fund is offered solely to non-US investors under the terms and conditions set forth in the Fund¹s prospectus. A free prospectus, which contains important information about the Fund, can be obtained from www.turnerfundsplc.com