TFCGX
Taylor Frigon Core Growth Fund
The Taylor Frigon Core Growth Fund invests in outstanding companies with excellent growth prospects, employing both qualitative and quantitative research to identify businesses positioned for sustained expansion.
How We Invest
Investment Process & Stock Selection
We identify macroeconomic paradigm shifts, concentrate in sectors where innovation drives growth, then apply a rigorous bottom-up process to select 30–50 high-conviction companies.
Macro & Sector Identification
We begin with structural shifts in the global economy — then focus on sectors most likely to produce the next generation of growth leaders: technology, industrials, healthcare, consumer, and financials.
Quantitative Screening
Proprietary screens evaluate historical and forward revenue and earnings growth, return on equity and assets, and valuation relative to growth prospects. Candidates must outperform industry benchmarks on the metrics that matter most.
Fundamental & Qualitative Research
Each candidate is assessed on financial health, valuation versus intrinsic value, management quality, competitive position, insider transactions, and total addressable market. We go beyond the numbers — interviewing suppliers and customers and reviewing strategic initiatives.
Portfolio Construction
We build a concentrated portfolio of 30–50 companies. Position sizes reflect conviction and risk-adjusted return potential. May include foreign securities and ADRs.
Disciplined Exit
Positions are reduced when a security approaches intrinsic value, when the macro environment shifts materially, or when the original investment thesis is invalidated. Every holding must remain a business we want to own.
Q1 2026 · Quarterly Returns as of March 31, 2026 (%)
Fund vs. Benchmark
| MTD | QTD | YTD | 1 Year | 3 Year | 5 Year | Since Inception* | |
|---|---|---|---|---|---|---|---|
| TFCGX | -4.52% | -11.47% | -11.47% | 18.95% | 9.55% | -5.87% | 9.47% |
| S&P 500 | -4.98% | -4.33% | -4.33% | 17.80% | 18.32% | 12.06% | 13.98% |
| S&P Mid Cap 400 | -5.39% | 2.50% | 2.50% | 17.35% | 12.09% | 6.92% | 9.54% |
*Inception date 12/27/2016
Total returns presented for periods less than one year are cumulative, returns for periods greater than one year are annualized....
Performance data quoted represents past performance. Past performance does not guarantee future results. The 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. Current performance may be lower or higher than the performance data quoted. You may obtain performance data current to the most recent month-end by calling 1-888-897-4821.
All returns include changes in share price, and reinvestment of any dividends and capital gains distributions. Indices shown are broad-based, unmanaged indices commonly used to measure performance of US stocks. These indices do not incur expenses and are not available for investment. The fund's expense ratio is 1.45%. A redemption fee of 2% will be charged on shares if sold within 90 days of purchase.
The S&P Mid Cap 400® Index measures the performance of the midcapitalization segment of the U.S. equity universe. The Index is a capitalization weighted index composed of 400 domestic common stocks.
Short-term performance, in particular, is not a good indication of the fund's future performance, and an investment should not be made based solely on returns.
Q1 2026 · Current Holdings
Portfolio Holdings
As of 3/31/2026
| Company | Ticker | % of Portfolio |
|---|---|---|
| Astera Labs, Inc. | ALAB | 1.94% |
| Alkami Technology, Inc. | ALKT | 2.27% |
| Apyx Medical Corporation | APYX | 1.66% |
| Bill.com Holdings, Inc. | BILL | 1.96% |
| Boot Barn Holdings, Inc. | BOOT | 1.84% |
| Dutch Bros, Inc. - Class A | BROS | 2.29% |
| Camtek Ltd. | CAMT | 2.04% |
| CBIZ Inc. | CBZ | 1.18% |
| Cardinal Infrastructure Group, Inc. Class A | CDNL | 3.41% |
| Compugen Ltd. (Israel) | CGEN | 1.81% |
Fund holdings are subject to change and are not recommendations to buy or sell any security. For complete holdings information, refer to the Schedule of Investments available in the Prospectus & Documents section.
Taylor Frigon Core Growth Fund
Prospectus & Documents
Obtain a prospectus by calling (888) 897-4821
Fund Documents
Portfolio Holdings
About TFCM
Built on a Legacy of Growth Investing
Taylor Frigon Capital Management, LLC was founded in 2006 by Gerry Frigon following more than 20 years at Merrill Lynch. The firm's name honors Richard C. Taylor — Gerry's father-in-law and mentor — who passed away in 2004...
Richard C. Taylor managed portfolios alongside Thomas Rowe Price Jr. in the 1960s and 1970s, then established his own firm in 1988 in Santa Barbara. His growth investment philosophy — the cornerstone of TFCM's strategy today — has been refined over more than six decades.
TFCM offers active investment management strategies, mutual funds, and venture capital for select clientele. The firm is a registered investment advisor with the SEC.
Founded
2006
Headquarters
Scottsdale, AZ
Services
Active Management, Mutual Funds, Venture Capital
Portfolio Manager
Gerry Frigon
Gerry Frigon is President and Chief Investment Officer of Taylor Frigon Capital Management, which he founded in 2006 following more than 20 years at Merrill Lynch. He also serves as Managing Member of Taylor Frigon Capital Advisors and as General Partner of Taylor Frigon Capital Partners LP, a private investment fund...
Gerry's investment philosophy reflects a disciplined process derived from the classic growth investment philosophy developed by T. Rowe Price and Richard C. Taylor — his father-in-law and mentor who managed portfolios alongside Thomas Rowe Price Jr. in the 1960s and 1970s.
Gerry earned a Bachelor of Arts in Business and Economics from the University of California at Santa Barbara in 1985.
Title
President & Chief Investment Officer
Experience
40 Years in Investment Management
Education
B.A. Business & Economics, UC Santa Barbara, 1985
Mentor
Richard C. Taylor (protégé of T. Rowe Price)
TFCGX
Invest With Us
Already have an account? Access the Mutual Shareholder Services portal to manage your investment.
Login to Your AccountFirst-time users: your default password is the last four digits of your SSN or Tax ID. Need help? Call (888) 897-4821.
Option 1
Direct Investment
Invest directly through the fund's shareholder services. Complete an account application, review the prospectus, and mail your documents to the transfer agent.
Account Application
IRA Account Application (if applicable)
IRA Transfer Form (if applicable)
IRA Plan Booklet
Prospectus (review before investing)
Mail to
Taylor Frigon Core Growth Fund
c/o Mutual Shareholder Services, LLC
8000 Town Centre Dr., Suite 400
Broadview Hts., OH 44147
Phone: (888) 897-4821
Option 2
Brokerage Account
Purchase TFCGX shares through your existing brokerage account at any of the following platforms. Search for ticker symbol TFCGX.
Charles Schwab
Interactive Brokers
Vanguard
Get in Touch
Contact Us
Shareholder Services
Fund Inquiries & Account Services
Phone
(888) 897-4821Mailing Address
Taylor Frigon Core Growth Fund
c/o Mutual Shareholder Services, LLC
8000 Town Centre Dr., Suite 400
Broadview Hts., OH 44147
Taylor Frigon Capital Management
Headquarters — Scottsdale, AZ
Address
18835 N Thompson Peak Pkwy C-200
Scottsdale, AZ 85255
Phone
(805) 226-0280