Private Shares Fund
Last Updated 08/21/2023
Shows hypothetical growth of $1000 since inception
Total Managed Assets*
Net Expense Ratio
*represents total managed funds for the fund complex
About The Fund
From the Fund's Prospectus:
The SharesPost 100 Fund (the "Fund") is a newly formed Delaware limited liability company that is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as a closed-end, non-diversified, management investment company.
Investment Objective. The Fund’s principal investment objective is capital appreciation.
Principal Investment Strategies. The Fund will attempt to achieve this objective by creating a diversified portfolio of private, late-stage, growth companies. The Investment Adviser’s primary strategy will be to invest in companies selected by SharesPost for the SharesPost 100. The SharesPost 100 is a group of 100 private, late-stage, growth companies, primarily in the technology sector, selected by SharesPost according to several criteria, including revenue growth, market potential, product stage, management team and investor composition. SharesPost reviews the composition of the SharesPost 100 on a regular basis. Each investment of the Fund will be subject to the Investment Adviser’s review. In some cases, the Investment Adviser may determine that investing in one or more of the companies on the SharesPost 100 would not be in the best interest of the Fund. It is also possible that the Fund, for a variety of reasons, may not be able to purchase shares of targeted issuers.
Percentage and dollar changes represent the increase or decrease in the NAV from the preceding trading day.