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Quantified Pattern Recognition Fund
mutual fund
QSPMX
Payout Change
Pending
Price as of:
$12.68
-0.11
-0.86%
primary theme
U.S. Growth/Balanced Allocation
share class
QSPMX (Mutual Fund)
Quantified Pattern Recognition Fund
Payout Change
Pending
Price as of:
$12.68
-0.11
-0.86%
primary theme
U.S. Growth/Balanced Allocation
share class
QSPMX (Mutual Fund)
Quantified Pattern Recognition Fund
Payout Change
Pending
Price as of:
$12.68
-0.11
-0.86%
primary theme
U.S. Growth/Balanced Allocation
share class
Name
As of 12/09/2024Price
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
Vitals
YTD Return
26.0%
1 yr return
27.3%
3 Yr Avg Return
6.6%
5 Yr Avg Return
10.1%
Net Assets
$27.1 M
Holdings in Top 10
99.2%
52 WEEK LOW AND HIGH
$12.8
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.75%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 226.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$10,000
IRA
$10,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/09/2024Price
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
QSPMX - Profile
Distributions
- YTD Total Return 26.0%
- 3 Yr Annualized Total Return 6.6%
- 5 Yr Annualized Total Return 10.1%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -1.12%
- Dividend Yield 3.1%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameQuantified Pattern Recognition Fund
-
Fund Family NameQuantified Funds
-
Inception DateAug 30, 2019
-
Shares OutstandingN/A
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJason Teed
Fund Description
The Fund’s investment adviser, Advisors Preferred, LLC (the “Adviser”), delegates execution of the Fund’s investment strategy to the subadviser, Flexible Plan Investments, Ltd. (“FPI” or the “Subadviser”). The Subadviser selects investments for the Fund and provides trade placement for any fixed income instruments, including cash equivalents. The Adviser provides trade placement for non-fixed income instruments.
The Fund primarily invests in equity index mutual funds, unaffiliated equity index exchange traded funds (“ETFs”), futures contracts, equity index swaps and cash equivalents. The Fund invests in ETFs and mutual funds that are not affiliated with the Adviser or Subadviser. The Subadviser seeks to achieve the Fund’s investment objective by identifying daily patterns in stock indexes or sectors within stock market indexes that it has found to be determinative of probable future price direction. The Subadviser believes securities markets reflect human emotions and that investors adopt patterns of behavior in response to those emotions. The Subadviser’s strategy seeks out high probability, repeatable patterns in the stock market to identify periods to buy, buy with leverage, or go short the market. This strategy seeks to take advantage of the tendency for equity prices to revert to the mean or follow a current price trend. The Subadvisor utilizes a proprietary methodology to allocate Fund assets among specific securities to best take advantage of patterns found.
When the Subadviser believes market conditions are favorable, it invests in mutual funds, leveraged mutual funds, futures contracts, and swaps to produce exposure to the stock market equivalent to up to 200% of Fund assets. 200% exposure means the Subadvisor seeks to earn $2 for every $1 in overall stock market profit. When the Subadviser believes market conditions are unfavorable, it invests in cash equivalents, inverse equity index mutual funds and ETFs, and/or shorts S&P 500® Index futures contracts. The Subadviser uses an aggressive tactical management strategy that typically results in high portfolio turnover.
QSPMX - Performance
Return Ranking - Trailing
| Period | QSPMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 26.0% | 3.1% | 27.5% | 0.69% |
| 1 Yr | 27.3% | 4.7% | 35.1% | 4.15% |
| 3 Yr | 6.6%* | -7.5% | 12.0% | 9.25% |
| 5 Yr | 10.1%* | 2.0% | 13.7% | 15.33% |
| 10 Yr | N/A* | 1.0% | 11.8% | N/A |
* Annualized
Return Ranking - Calendar
| Period | QSPMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 9.5% | -6.9% | 29.3% | 73.96% |
| 2022 | -18.6% | -37.4% | -8.2% | 30.25% |
| 2021 | 5.7% | -9.8% | 25.4% | 61.59% |
| 2020 | -0.6% | -21.0% | 25.4% | 95.40% |
| 2019 | N/A | -8.3% | 27.9% | N/A |
Total Return Ranking - Trailing
| Period | QSPMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 26.0% | 3.1% | 27.5% | 0.69% |
| 1 Yr | 27.3% | 4.7% | 35.1% | 4.15% |
| 3 Yr | 6.6%* | -7.5% | 12.0% | 9.25% |
| 5 Yr | 10.1%* | 2.0% | 13.7% | 15.33% |
| 10 Yr | N/A* | 1.0% | 11.8% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | QSPMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 13.8% | -0.9% | 33.0% | 73.96% |
| 2022 | -18.5% | -36.0% | -0.9% | 85.77% |
| 2021 | 33.9% | -7.8% | 33.9% | 0.36% |
| 2020 | -0.3% | -16.2% | 25.4% | 95.79% |
| 2019 | N/A | 7.3% | 34.8% | N/A |
NAV & Total Return History
QSPMX - Holdings
Concentration Analysis
| QSPMX | Category Low | Category High | QSPMX % Rank | |
|---|---|---|---|---|
| Net Assets | 27.1 M | 1.43 M | 120 B | 97.58% |
| Number of Holdings | 4 | 4 | 2696 | 99.65% |
| Net Assets in Top 10 | 32.2 M | 1.28 M | 27.7 B | 92.73% |
| Weighting of Top 10 | 99.25% | 19.7% | 118.4% | 6.23% |
Top 10 Holdings
- FRST AM-GV OB-Z 46.51%
- FID-MM GOVT-I 46.51%
- STONECASTLE 3.15%
- KRNFCU 5.1 02/10/25 3.09%
Asset Allocation
| Weighting | Return Low | Return High | QSPMX % Rank | |
|---|---|---|---|---|
| Cash | 100.00% | 0.00% | 100.00% | 0.35% |
| Convertible Bonds | 0.41% | 0.00% | 26.48% | 36.59% |
| Stocks | 0.00% | 0.00% | 100.10% | 94.81% |
| Preferred Stocks | 0.00% | 0.00% | 16.57% | 47.40% |
| Other | 0.00% | -0.25% | 26.93% | 47.06% |
| Bonds | 0.00% | 0.00% | 102.71% | 55.71% |
QSPMX - Expenses
Operational Fees
| QSPMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.75% | 0.04% | 4.67% | 11.07% |
| Management Fee | 1.00% | 0.00% | 1.25% | 96.89% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 28.40% |
| Administrative Fee | N/A | 0.01% | 0.25% | N/A |
Sales Fees
| QSPMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| QSPMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.00% | 2.00% | N/A |
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.
| QSPMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 226.00% | 4.00% | 236.00% | 98.90% |
QSPMX - Distributions
Dividend Yield Analysis
| QSPMX | Category Low | Category High | QSPMX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 3.14% | 0.00% | 10.22% | 21.45% |
Dividend Distribution Analysis
| QSPMX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| QSPMX | Category Low | Category High | QSPMX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -1.12% | -1.12% | 6.07% | 100.00% |
Capital Gain Distribution Analysis
| QSPMX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 26, 2023 | $0.401 | OrdinaryDividend |
| Dec 27, 2022 | $0.012 | OrdinaryDividend |
| Dec 28, 2021 | $2.182 | CapitalGainShortTerm |
| Dec 28, 2021 | $0.850 | CapitalGainLongTerm |
| Dec 28, 2020 | $0.023 | CapitalGainLongTerm |
| Dec 26, 2019 | $0.020 | OrdinaryDividend |
| Dec 26, 2019 | $0.158 | CapitalGainShortTerm |
| Dec 26, 2019 | $0.231 | CapitalGainLongTerm |
QSPMX - Fund Manager Analysis
Managers
Jason Teed
Start Date
Tenure
Tenure Rank
Aug 02, 2019
2.83
2.8%
Jason Teed, CFA, MFS, Director of Research and Senior Portfolio Manager. Mr Teed was born May 21, 1984. He holds a Masters in Finance degree from the Walsh College, and a Bachelor of Arts degree from the University of Michigan. Mr. Teed joined Flexible Plan Investments, Ltd. as an Investment Associate in February 2011. He holds the designation of Chartered Financial Analyst (CFA) Flexible Plan Investments, Ltd. Investment Adviser Director of Research
Timothy Hanna
Start Date
Tenure
Tenure Rank
Aug 02, 2019
2.83
2.8%
Timothy Hanna, has served as the Subadviser’s Senior Portfolio Manager since January 2014. Before joining the Subadviser, he was an institutional fixed-income manager at Multi-Bank Securities and previously a derivatives trader. Mr. Hanna is responsible for performing applied economic and quantitative research for the Subadviser’s strategies and mutual funds. He reviews new and existing strategies, ensuring that algorithms perform within expectations, providing modifications to achieve best execution and efficient implementation. Mr. Hanna has a bachelor’s degree in accounting from Wayne State University and a master’s degree in finance from Walsh College. He holds the designations of Chartered Financial Analyst (CFA) and Certified Fixed-Income Practitioner (CFIP).
Jerry Wagner
Start Date
Tenure
Tenure Rank
Aug 02, 2019
2.83
2.8%
Jerry C. Wagner, JD is President and Chief Investment Officer of Flexible Plan Investments, Ltd. Mr. Wagner was born on May 7, 1947. He holds the degree of Juris Doctor awarded by the University of Michigan in 1973 and degrees of Masters in Labor & Industrial Relations (1970) and Bachelor of Arts (1969) from Michigan State University. Mr. Wagner has been a member of the State Bar of Michigan since 1973. He has been the principal investment adviser representative for Flexible Plan Investments, Ltd. since 1981. Mr. Wagner has a Series 65. His business experience for the last 5 years is as follows: Flexible Plan Investments, Ltd. Investment Adviser
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 38.44 | 7.38 | 2.41 |
