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Trending ETFs

DSS AmericaFirst Alpha Trends Factor Fund

mutual fund
SBQUX
Payout Change
Pending
Price as of:
$13.38 -0.19 -1.4%
primary theme
U.S. Large-Cap Blend Equity
SBQUX (Mutual Fund)

DSS AmericaFirst Alpha Trends Factor Fund

Payout Change
Pending
Price as of:
$13.38 -0.19 -1.4%
primary theme
U.S. Large-Cap Blend Equity
SBQUX (Mutual Fund)

DSS AmericaFirst Alpha Trends Factor Fund

Payout Change
Pending
Price as of:
$13.38 -0.19 -1.4%
primary theme
U.S. Large-Cap Blend Equity

Name

As of 12/10/2024

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

$13.38

$2.34 M

0.00%

6.31%

Vitals

YTD Return

20.8%

1 yr return

23.7%

3 Yr Avg Return

6.4%

5 Yr Avg Return

8.3%

Net Assets

$2.34 M

Holdings in Top 10

38.3%

52 WEEK LOW AND HIGH

$13.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 6.31%

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 12/10/2024

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

$13.38

$2.34 M

0.00%

6.31%

SBQUX - Profile

Distributions

  • YTD Total Return 20.8%
  • 3 Yr Annualized Total Return 6.4%
  • 5 Yr Annualized Total Return 8.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.90%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    DSS AmericaFirst Alpha Trends Factor Fund
  • Fund Family Name
    DSS AmericaFirst Quantitative Funds
  • Inception Date
    Feb 01, 2017
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Rick Gonsalves

Fund Description

The Fund invests primarily in common stocks of companies that are selected using the investment Advisor’s alpha trends factor strategy. The Fund invests in the securities of domestic and foreign companies without restriction as to capitalization. The Fund defines foreign companies as those (i) organized outside the U.S., or (ii) that derive a majority of revenue or profits outside the U.S., or (iii) that have a majority of their assets or employees outside the U.S. Alpha is an investment industry term referring to the performance of a portfolio or asset class relative to its benchmark or index. For example, if an equity fund returned 10% in a year in which the S&P 500® Index rose only 5%, that fund would have an alpha of 5%. The baseline measure for alpha is zero, which would indicate an investment performed exactly in line with its benchmark or index.

The Fund’s investment advisor, AmericaFirst Wealth Management, Inc., applies a tactical investment approach using its alpha trends factor strategy to seek out equity asset classes that it expects to have above-market returns. The Advisor uses style classification and quantitative measures to identify alpha trends that it believes will persist. The Advisor tracks qualitative and style factors (using ETFs and indexes that track buybacks, spin-offs, quality, small-cap, value, growth, momentum, etc.) to ascertain which factors are outperforming the S&P 500® Index and trending. A company buying back its own shares may signal that the company believes its shares are undervalued. A spinoff of a division of a company as a stand-alone entity may signal that the division was not fully valued by the market when it resided in the former parent company. Quality refers to companies with relatively strong earnings and relatively stable balance sheets, which may lead to higher share prices as the market recognized the value of stability. Value refers to a company with a low price-to-asset ratio or low price-to-earnings ratio. Growth companies are those growing faster than the economy as whole and may have share prices that grow faster than the stock market in general. Momentum refers to the persistence of certain returns over time such as those, for example, of artificial intelligence companies over the recent past. Trending refers to relative outperformance or underperformance versus the benchmark during within a specific time period.

A positive alpha trend is a factor that is outperforming the S&P 500® Index after previously underperforming. The Advisor constructs and manages a diversified portfolio that holds key stocks that represent factors that are outperforming the S&P 500® Index and avoids stocks that represent factors that are underperforming. The Advisor also constructs its own indexes and watchlists to track emerging themes such as artificial intelligence (AI), nuclear energy, space technology, electric vehicles and battery technology, cancer focused biotechnology and may own positions in these areas if they are exhibiting positive alpha trends, The Advisor also performs fundamental analysis on each company to review financial statements to assess balance sheet strength, income statement trends, and relative valuation vs. competitors and the company’s history. The Advisor’s selection strategy may also focus on certain economic sectors, such as technology, which may be more likely to display alpha trends.

The Advisor’s selection criteria focus on classical historical studies of investment themes that have worked well in the past: (i) low price-to-asset ratio, (ii) low price-to-earnings ratio, (iii) insider buying (iv) recent significant drop in price, and (v) small capitalization. The low price-to-assets ratio sub-strategy reflects the Advisor’s belief that stocks priced at less than book value will, over time, rise at least to their stated book value. The low price-to-earnings ratio sub-strategy reflects the Advisor’s belief that a company priced low in relation to earnings, whose earnings are expected to grow, is preferable to a similarly priced company whose earnings are not expected to grow. The insider buying sub-strategy reflects the Advisor’s belief that insiders, such as company officers, often have “insightful information” which they believe will result in an increase in the market value of the company. The drop in price sub-strategy reflects the Advisor’s belief that a decline in price, such as one triggered by disappointing earnings, is often an overreaction. The small capitalization sub-strategy reflects the Advisor’s belief that these companies are often associated with higher growth rates and can be more easily acquired by other corporations.

In addition to purchasing individual stocks, the Fund may also execute a portion of its strategy by investing in ETFs that are representative of an investment sub-strategy, such as small cap stocks. The Advisor selects ETFs based upon relative expenses, manager tenure, and purity of asset class exposure. The Advisor generally sells a security to purchase other securities that the Advisor believes may perform better. The Advisor’s strategy may result in high portfolio turnover if the underlying alpha trend factors are volatile.

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SBQUX - Performance

Return Ranking - Trailing

Period SBQUX Return Category Return Low Category Return High Rank in Category (%)
YTD 20.8% 4.3% 46.2% 76.24%
1 Yr 23.7% 5.8% 61.3% 80.45%
3 Yr 6.4%* -11.0% 19.2% 84.17%
5 Yr 8.3%* -7.6% 110.6% 97.18%
10 Yr N/A* -0.1% 52.9% N/A

* Annualized

Return Ranking - Calendar

Period SBQUX Return Category Return Low Category Return High Rank in Category (%)
2023 12.8% -42.6% 47.4% 74.77%
2022 -14.0% -56.3% -4.2% 7.24%
2021 -1.8% -27.2% 537.8% 95.01%
2020 -3.5% -22.5% 2181.7% 96.22%
2019 21.2% -13.5% 40.4% 62.86%

Total Return Ranking - Trailing

Period SBQUX Return Category Return Low Category Return High Rank in Category (%)
YTD 20.8% 4.3% 46.2% 76.24%
1 Yr 23.7% 5.8% 61.3% 80.45%
3 Yr 6.4%* -11.0% 19.2% 84.17%
5 Yr 8.3%* -7.6% 110.6% 97.18%
10 Yr N/A* -0.1% 52.9% N/A

* Annualized

Total Return Ranking - Calendar

Period SBQUX Return Category Return Low Category Return High Rank in Category (%)
2023 12.8% -5.0% 47.4% 92.64%
2022 -13.3% -36.8% -2.2% 18.40%
2021 28.9% 3.0% 537.8% 19.88%
2020 -3.5% -15.8% 2266.0% 99.30%
2019 21.2% -0.4% 241.3% 96.77%

NAV & Total Return History


SBQUX - Holdings

Concentration Analysis

SBQUX Category Low Category High SBQUX % Rank
Net Assets 2.34 M 2.34 M 1.55 T 99.92%
Number of Holdings 36 2 3963 90.27%
Net Assets in Top 10 880 K 880 K 525 B 99.92%
Weighting of Top 10 38.27% 0.3% 111.6% 38.08%

Top 10 Holdings

  1. NVIDIA Corp. 4.71%
  2. Federated Prime Obligations 4.47%
  3. Fair Isaac Corp. 3.97%
  4. NVR, Inc. 3.84%
  5. UnitedHealth Group, Inc. 3.81%
  6. Caterpillar Inc 3.69%
  7. NRG Energy, Inc. 3.66%
  8. Ameriprise Financial, Inc. 3.41%
  9. Microsoft Corp. 3.37%
  10. Synchrony Financial 3.34%

Asset Allocation

Weighting Return Low Return High SBQUX % Rank
Stocks
97.09% 0.00% 105.79% 82.44%
Cash
4.47% 0.00% 99.07% 8.08%
Preferred Stocks
0.00% 0.00% 2.03% 40.81%
Other
0.00% -13.91% 100.00% 59.69%
Convertible Bonds
0.00% 0.00% 5.54% 37.47%
Bonds
0.00% 0.00% 93.85% 41.88%

Stock Sector Breakdown

Weighting Return Low Return High SBQUX % Rank
Consumer Cyclical
27.74% 0.00% 30.33% 0.25%
Financial Services
24.02% 0.00% 55.59% 3.86%
Industrials
9.99% 0.00% 29.90% 35.85%
Technology
9.97% 0.00% 48.94% 95.05%
Energy
7.17% 0.00% 41.64% 7.47%
Healthcare
6.07% 0.00% 52.29% 98.15%
Basic Materials
5.85% 0.00% 25.70% 8.06%
Consumer Defense
5.32% 0.00% 47.71% 81.19%
Communication Services
3.88% 0.00% 27.94% 89.42%
Utilities
0.00% 0.00% 20.91% 89.84%
Real Estate
0.00% 0.00% 31.91% 91.69%

Stock Geographic Breakdown

Weighting Return Low Return High SBQUX % Rank
US
97.09% 0.00% 105.79% 70.98%
Non US
0.00% 0.00% 63.83% 47.90%

SBQUX - Expenses

Operational Fees

SBQUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 6.31% 0.01% 19.75% 0.33%
Management Fee 1.25% 0.00% 1.90% 99.42%
12b-1 Fee 1.00% 0.00% 1.00% 90.27%
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

SBQUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 2.50% 1.00% 5.75% 97.12%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

SBQUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 1.00% 0.25% 2.00% 71.79%

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.

SBQUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 268.00% 98.98%

SBQUX - Distributions

Dividend Yield Analysis

SBQUX Category Low Category High SBQUX % Rank
Dividend Yield 0.00% 0.00% 25.47% 93.47%

Dividend Distribution Analysis

SBQUX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly Annual

Net Income Ratio Analysis

SBQUX Category Low Category High SBQUX % Rank
Net Income Ratio -1.90% -54.00% 2.44% 99.83%

Capital Gain Distribution Analysis

SBQUX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

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SBQUX - Fund Manager Analysis

Managers

Rick Gonsalves


Start Date

Tenure

Tenure Rank

Jan 31, 2017

5.33

5.3%

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
0.04 39.02 7.27 2.42