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Trending ETFs

DSS AmericaFirst Defensive Growth Fund

mutual fund
DGQUX
Payout Change
Pending
Price as of:
$7.84 -0.05 -0.63%
primary theme
Long-Short Equity
DGQUX (Mutual Fund)

DSS AmericaFirst Defensive Growth Fund

Payout Change
Pending
Price as of:
$7.84 -0.05 -0.63%
primary theme
Long-Short Equity
DGQUX (Mutual Fund)

DSS AmericaFirst Defensive Growth Fund

Payout Change
Pending
Price as of:
$7.84 -0.05 -0.63%
primary theme
Long-Short Equity

Name

As of 10/07/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$7.84

$1.08 M

0.00%

8.51%

Vitals

YTD Return

7.7%

1 yr return

13.5%

3 Yr Avg Return

2.1%

5 Yr Avg Return

-2.9%

Net Assets

$1.08 M

Holdings in Top 10

60.0%

52 WEEK LOW AND HIGH

$7.9
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 8.51%

SALES FEES

Front Load 2.50%

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee 1.00%


Min Investment

Standard (Taxable)

$1,000

IRA

$1,000


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 10/07/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$7.84

$1.08 M

0.00%

8.51%

DGQUX - Profile

Distributions

  • YTD Total Return 7.7%
  • 3 Yr Annualized Total Return 2.1%
  • 5 Yr Annualized Total Return -2.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -3.33%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Other

Fund Details

  • Legal Name
    DSS AmericaFirst Defensive Growth Fund
  • Fund Family Name
    DSS AmericaFirst Quantitative Funds
  • Inception Date
    Jan 07, 2013
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Rick Gonsalves

Fund Description

The Fund seeks to achieve its investment objective by investing, under normal circumstances, a range of approximately 70% to 100% of its net assets in a portfolio of defensive, non-cyclical equity securities of foreign and domestic companies selected by applying a rules-based strategy. Equity securities include common stock. The Fund may not meet its target range during rebalancing transitions as well as upon the discretion of the Fund’s investment advisor.

The Fund seeks to select stocks of historically “defensive” industries. Defensive companies tend to offer basic consumer necessities where consumer demand tends to be unaffected even in poor economic conditions and therefore may have the ability to weather economic downturns better than non-defensive companies. The Advisor believes that sales and earnings growth of stocks of these defensive companies may remain relatively constant regardless of the ups and downs of the economy due to the generally stable demand for these company’s products. Industries that are comprised primarily of defensive, non-cyclical companies would include, but are not limited to, Consumer Staples (example: food products, cosmetics & toiletries, brewing, soft drinks, food processing and retail), Healthcare (pharmaceuticals, health care services, medical supplies and equipment), Aerospace & Defense (companies engaged in the production of spacecraft and commercial military and private aircraft), and Utilities (electric, natural gas and water utilities as well as telephone services). Under normal market conditions, the Fund may overweight portfolio investments primarily in securities in the consumer staples and healthcare sectors which represent numerous industries. These sectors generally are comprised of companies that are defensive in nature and are selected in an effort to provide capital appreciation while reducing overall portfolio volatility.

The Fund may also execute a portion of its equity strategy by investing in ETFs, including those with inverse market exposure and leveraged ETFs. Inverse ETFs are designed to produce results opposite to market direction, which may serve to hedge portfolio investments. Inverse ETFs seek daily investment results, before fees and expenses, which correspond to the inverse (opposite) of the daily performance of a specific benchmark, such as the S&P 500 Index. The Advisor does not rebalance inverse ETFs positions daily to adjust for daily changes in the reference index. Leveraged ETFs seek to use financial derivatives and debt to amplify the returns of an underlying index.

The Fund may also take short equity positions through inverse ETFs or individual equities from any industry in an attempt to reduce volatility and risk in unfavorable market conditions. Depending upon market conditions and prospects as determined by the Advisor’s quantitative approach, the Fund may target having approximately 0% to 30% of its assets in short positions under normal market conditions. The Fund may target having approximately 70% to 100% of its assets in long positions under normal market conditions. The Fund will invest in securities of companies regardless of market capitalization. The Fund will rebalance a significant portion of its holdings, based on the Advisor’s quantitative approach, on a quarterly basis or more frequent basis. The Fund may hold significantly higher than normal short-term cash positions during rebalancing or when market conditions warrant. The Advisor’s rules-based approach takes into account and weight such variables that may include operating earnings yield, price momentum, share buyback, trading liquidity and others when selecting long positions. In selecting short positions, the Advisor’s rules-based approach considers such variables including, but not limited to, poor relative price momentum, poor technical indicators and poor fundamentals. The Fund may employ seasonal and/or market timing trading strategies based upon the Advisor’s quantitative approach.

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DGQUX - Performance

Return Ranking - Trailing

Period DGQUX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.7% -12.5% 31.0% 69.28%
1 Yr 13.5% -10.6% 40.4% 63.40%
3 Yr 2.1%* -11.1% 25.1% 74.45%
5 Yr -2.9%* -2.9% 24.3% 100.00%
10 Yr -3.1%* -4.1% 10.0% 98.61%

* Annualized

Return Ranking - Calendar

Period DGQUX Return Category Return Low Category Return High Rank in Category (%)
2023 -4.4% -17.3% 43.8% 92.81%
2022 -5.2% -54.0% 17.4% 29.71%
2021 -12.1% -40.0% 54.1% 96.21%
2020 0.3% -47.6% 88.4% 61.11%
2019 10.9% -20.3% 62.6% 42.86%

Total Return Ranking - Trailing

Period DGQUX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.7% -12.5% 31.0% 69.28%
1 Yr 13.5% -10.6% 40.4% 63.40%
3 Yr 2.1%* -11.1% 25.1% 74.45%
5 Yr -2.9%* -2.9% 24.3% 100.00%
10 Yr -3.1%* -4.1% 10.0% 98.61%

* Annualized

Total Return Ranking - Calendar

Period DGQUX Return Category Return Low Category Return High Rank in Category (%)
2023 -4.4% -14.5% 43.8% 97.39%
2022 -5.2% -54.0% 50.3% 44.20%
2021 -12.1% -40.0% 61.6% 96.21%
2020 0.3% -29.9% 91.0% 68.25%
2019 10.9% -17.9% 79.4% 56.30%

NAV & Total Return History


DGQUX - Holdings

Concentration Analysis

DGQUX Category Low Category High DGQUX % Rank
Net Assets 1.08 M 1.08 M 6.67 B 98.69%
Number of Holdings 20 3 2209 77.78%
Net Assets in Top 10 625 K 625 K 2.41 B 98.69%
Weighting of Top 10 59.95% 2.1% 101.8% 28.76%

Top 10 Holdings

  1. Federated Prime Obligations 11.32%
  2. Eli Lilly Co. 7.38%
  3. Novo Nordisk A/S 6.02%
  4. McKesson Corp. 5.54%
  5. RTX Corp. 5.18%
  6. PepsiCo Inc. 5.12%
  7. Booking Holdings, Inc. 4.94%
  8. Vertex Pharmaceuticals, Inc. 4.94%
  9. Ventas, Inc. 4.85%
  10. The TJX Companies, Inc. 4.66%

Asset Allocation

Weighting Return Low Return High DGQUX % Rank
Stocks
89.10% 0.00% 100.92% 21.57%
Cash
11.32% 0.00% 99.60% 64.05%
Preferred Stocks
0.00% -1.01% 6.36% 21.57%
Other
0.00% -48.19% 99.35% 50.33%
Convertible Bonds
0.00% -0.02% 4.48% 11.03%
Bonds
0.00% 0.00% 90.68% 37.25%

Stock Sector Breakdown

Weighting Return Low Return High DGQUX % Rank
Healthcare
56.16% 0.00% 100.00% 3.23%
Utilities
21.71% 0.00% 21.71% 0.81%
Consumer Defense
18.09% 0.00% 19.75% 1.61%
Industrials
4.05% 0.00% 31.93% 89.52%
Technology
0.00% 0.00% 43.24% 95.16%
Real Estate
0.00% 0.00% 10.93% 79.84%
Financial Services
0.00% 0.00% 83.83% 95.97%
Energy
0.00% 0.00% 32.57% 87.10%
Communication Services
0.00% 0.00% 32.32% 95.16%
Consumer Cyclical
0.00% 0.00% 88.83% 95.97%
Basic Materials
0.00% 0.00% 28.58% 91.94%

Stock Geographic Breakdown

Weighting Return Low Return High DGQUX % Rank
US
89.10% 0.00% 100.92% 18.30%
Non US
0.00% -3.42% 69.12% 25.49%

DGQUX - Expenses

Operational Fees

DGQUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 8.51% 0.42% 8.51% 0.65%
Management Fee 1.50% 0.00% 2.50% 76.47%
12b-1 Fee 1.00% 0.00% 1.00% 80.49%
Administrative Fee N/A 0.03% 1.54% 61.25%

Sales Fees

DGQUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 2.50% 2.50% 5.75% 100.00%
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

DGQUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 1.00% 0.50% 2.00% 38.10%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

DGQUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 446.00% 99.67%

DGQUX - Distributions

Dividend Yield Analysis

DGQUX Category Low Category High DGQUX % Rank
Dividend Yield 0.00% 0.00% 27.22% 82.24%

Dividend Distribution Analysis

DGQUX Category Low Category High Category Mod
Dividend Distribution Frequency Other Annual Annual Annual

Net Income Ratio Analysis

DGQUX Category Low Category High DGQUX % Rank
Net Income Ratio -3.33% -3.33% 2.16% 100.00%

Capital Gain Distribution Analysis

DGQUX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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DGQUX - Fund Manager Analysis

Managers

Rick Gonsalves


Start Date

Tenure

Tenure Rank

May 23, 2011

11.03

11.0%

Rick Gonsalves is the co-founder and President of AmericaFirst Capital Management, LLC. Mr. Gonsalves co-founded AmericaFirst Capital Management, LLC in January 2007. He currently serves as President and Chief Executive Officer, positions he has held since the Advisor’s inception. From 2003 to 2008, he operated Renaissance Investment Services (a company that provided services to broker representatives), for which he acted as President and CEO after the business was incorporated in 2005. He was a registered broker representative of Brecek & Young Advisors, Inc. from January 2007 to December 2007, and WRP Investments, Inc. from September 2005 to December 2006.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 23.55 6.04 7.93