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Trending ETFs

SGI U.S. Large Cap Equity Fund

mutual fund
SGICX
Payout Change
Pending
Price as of:
$19.06 -0.05 -0.26%
primary theme
U.S. Large-Cap Blend Equity
SGICX (Mutual Fund)

SGI U.S. Large Cap Equity Fund

Payout Change
Pending
Price as of:
$19.06 -0.05 -0.26%
primary theme
U.S. Large-Cap Blend Equity
SGICX (Mutual Fund)

SGI U.S. Large Cap Equity Fund

Payout Change
Pending
Price as of:
$19.06 -0.05 -0.26%
primary theme
U.S. Large-Cap Blend Equity

Name

As of 06/14/2024

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

$19.06

$330 M

0.01%

$0.00

1.97%

Vitals

YTD Return

8.0%

1 yr return

15.1%

3 Yr Avg Return

4.5%

5 Yr Avg Return

7.5%

Net Assets

$330 M

Holdings in Top 10

32.8%

52 WEEK LOW AND HIGH

$19.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.97%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 129.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/14/2024

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

$19.06

$330 M

0.01%

$0.00

1.97%

SGICX - Profile

Distributions

  • YTD Total Return 8.0%
  • 3 Yr Annualized Total Return 4.5%
  • 5 Yr Annualized Total Return 7.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.26%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    SGI U.S. Large Cap Equity Fund
  • Fund Family Name
    Summit Global Investments
  • Inception Date
    Feb 29, 2012
  • Shares Outstanding
    151081
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    David Harden

Fund Description

Under normal circumstances, the Fund will invest at least 80% of its net assets (including borrowings for investment purposes) in equity securities, primarily common stocks, of companies within the Russell 1000® Index and S&P 500® Index. The Fund’s investments will generally consist of securities, which may include common stocks, preferred stocks, warrants to acquire common stock, and securities convertible into common stock. The Fund purchases equity securities traded in the U.S. on registered exchanges or the over-the-counter market. The Fund may invest in other registered investment companies, including exchange-traded funds (“ETFs”). The Fund may also invest in securities of affiliated and unaffiliated ETFs (collectively, “Underlying Funds”).

The Adviser attempts to lower the Fund’s market risk by investing in U.S. equity securities that lower the overall volatility of the Fund’s portfolio as compared to the S&P 500® Index. Volatility is a statistical measurement of the magnitude of up and down fluctuations in the value of a financial instrument or index. The Fund invests in stocks that often exhibit less volatile stock price patterns, strengthening business metrics (i.e., earnings, debt, return on assets, competition, customers, industry, etc.) and quantitative factors such as earnings variability, leverage, volatility, price/book, price/cash flow, etc. In addition, the Adviser reviews the idiosyncratic risks associated with each stock if these risks are deemed elevated with increased downside risks, due to environmental, social and/or governance (“ESG”) issues. The Adviser selects securities for the Fund that it anticipates will produce a portfolio with less volatility with more capital protection and consistent returns. While the Adviser attempts to manage the Fund’s volatility, there is no guarantee that the strategy will be successful or that the Fund’s portfolio will not experience periods of volatility.

The Fund may sell a stock if the Adviser identifies fundamental, ESG, or legal risks and/or if the risk/return ranking declines due to increasing risk and/or decreasing return potential. The Fund may also decrease weight in an investment for risk control purposes.

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SGICX - Performance

Return Ranking - Trailing

Period SGICX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.0% -1.9% 25.1% 82.25%
1 Yr 15.1% -2.1% 42.7% 86.33%
3 Yr 4.5%* -12.4% 16.1% 91.01%
5 Yr 7.5%* -8.7% 109.8% 96.90%
10 Yr N/A* -0.1% 20.7% 91.46%

* Annualized

Return Ranking - Calendar

Period SGICX Return Category Return Low Category Return High Rank in Category (%)
2023 5.3% -42.6% 47.4% 93.56%
2022 -16.5% -56.3% -4.2% 13.70%
2021 -0.2% -27.2% 537.8% 93.49%
2020 10.6% -22.5% 2181.7% 57.11%
2019 23.3% -13.5% 40.4% 48.92%

Total Return Ranking - Trailing

Period SGICX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.0% -1.9% 25.1% 82.25%
1 Yr 15.1% -2.1% 42.7% 86.33%
3 Yr 4.5%* -12.4% 16.1% 91.01%
5 Yr 7.5%* -8.7% 109.8% 96.90%
10 Yr N/A* -0.1% 20.7% 91.37%

* Annualized

Total Return Ranking - Calendar

Period SGICX Return Category Return Low Category Return High Rank in Category (%)
2023 9.4% -5.0% 47.4% 96.46%
2022 -12.9% -36.8% -2.2% 16.37%
2021 16.2% 3.0% 537.8% 95.72%
2020 10.9% -15.8% 2266.0% 85.62%
2019 25.7% -0.4% 241.3% 85.19%

NAV & Total Return History


SGICX - Holdings

Concentration Analysis

SGICX Category Low Category High SGICX % Rank
Net Assets 330 M 2.34 M 1.55 T 73.92%
Number of Holdings 101 2 4048 53.61%
Net Assets in Top 10 49.8 M 848 K 446 B 85.31%
Weighting of Top 10 32.77% 0.3% 111.9% 59.55%

Top 10 Holdings

  1. Vanguard SP 500 ETF 3.84%
  2. iShares Core SP 500 ETF 3.84%
  3. Invesco SP 500 Low Volatility ETF 3.83%
  4. iShares MSCI USA Min Vol Factor ETF 3.83%
  5. Elevance Health Inc 3.04%
  6. Colgate-Palmolive Co 2.94%
  7. Vertex Pharmaceuticals Inc 2.90%
  8. Cardinal Health Inc 2.87%
  9. Molina Healthcare Inc 2.85%
  10. Hershey Co/The 2.85%

Asset Allocation

Weighting Return Low Return High SGICX % Rank
Stocks
99.51% 0.00% 120.26% 28.17%
Cash
1.24% 0.00% 99.06% 43.50%
Preferred Stocks
0.00% 0.00% 2.52% 87.24%
Other
0.00% -13.91% 100.00% 92.13%
Convertible Bonds
0.00% 0.00% 5.54% 86.55%
Bonds
0.00% -0.37% 92.99% 87.08%

Stock Sector Breakdown

Weighting Return Low Return High SGICX % Rank
Healthcare
21.22% 0.00% 60.70% 5.23%
Consumer Defense
19.37% 0.00% 47.71% 0.90%
Technology
16.05% 0.00% 48.94% 87.75%
Financial Services
10.74% 0.00% 55.59% 91.01%
Industrials
7.60% 0.00% 29.90% 83.91%
Energy
6.61% 0.00% 41.64% 9.64%
Utilities
6.53% 0.00% 20.91% 4.25%
Communication Services
5.68% 0.00% 27.94% 82.35%
Consumer Cyclical
2.87% 0.00% 30.33% 97.63%
Real Estate
2.32% 0.00% 31.91% 62.50%
Basic Materials
1.01% 0.00% 25.70% 89.87%

Stock Geographic Breakdown

Weighting Return Low Return High SGICX % Rank
US
99.51% 0.00% 120.26% 23.84%
Non US
0.00% 0.00% 63.90% 87.56%

SGICX - Expenses

Operational Fees

SGICX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.97% 0.01% 19.75% 5.01%
Management Fee 0.70% 0.00% 1.90% 83.47%
12b-1 Fee 1.00% 0.00% 1.00% 98.71%
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

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

Trading Fees

SGICX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% 47.48%

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.

SGICX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 129.00% 0.00% 268.00% 94.79%

SGICX - Distributions

Dividend Yield Analysis

SGICX Category Low Category High SGICX % Rank
Dividend Yield 0.01% 0.00% 25.47% 88.33%

Dividend Distribution Analysis

SGICX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually Quarterly Quarterly

Net Income Ratio Analysis

SGICX Category Low Category High SGICX % Rank
Net Income Ratio -0.26% -54.00% 2.44% 91.64%

Capital Gain Distribution Analysis

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

Distributions History

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SGICX - Fund Manager Analysis

Managers

David Harden


Start Date

Tenure

Tenure Rank

Feb 29, 2012

10.26

10.3%

Dave earned a BA from Boston College and an MSCS from Boston University. Over the past 21+ years in investments, Dave has proven his ability as a portfolio manager and equity strategist. Prior to establishing Summit Global Investments, Dave worked with Fidelity Investments, Evergreen Investments, and Ensign Peak Advisors, where he was responsible for developing and implementing numerous portfolio strategies. For the past eight years, Dave has focused on managing institutional assets in the low volatility equity space and continues to do so with Summit Global Investments. As Chief Investment Officer, Dave oversees the investment processes and leads the overall investment decisions, including portfolio design, construction, implementation and management. In addition, Dave is directly responsible for SGI's innovative low volatility, managed risk approach to investing. As a leader in the low volatility field, he has developed unique quantitative technologies., tactics and models designed specifically for managing risk while maximizing returns. Dave is one of only a handful of active portfolio managers in the world that has researched, constructed, implemented and actively managed significant assets in the low volatility equity space. With the ever-increasing attention givento low volatility investing, Dave's techniques and strategies continue to provide new insight to professional asset management. Throughout Dave's career, he has established himself as an expert in investment technology and quantitative research. In his spare time, Dave enjoys spending time with his family and supporting the local wrestling community.

Aash Shah


Start Date

Tenure

Tenure Rank

Aug 01, 2018

3.83

3.8%

Aash M. Shah, Portfolio Manager, who has been responsible for Invesco V.I. Capital Appreciation Fund since 2020 and has been associated with Invesco and/or its affiliates since 2019. From 2006 to 2019, Mr. Shah was associated with OppenheimerFunds, a global asset management firm. He earned an MBA in Finance & Accounting from Carnegie Mellon University and BS Engineering from the University of Pittsburgh. He is also a CFA charter holder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 39.02 7.26 2.42