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Trending ETFs

SGI Prudent Growth Fund

mutual fund
SGPGX
Payout Change
Pending
Price as of:
$12.22 -0.01 -0.08%
primary theme
U.S. Balanced Allocation
share class
SGPGX (Mutual Fund)

SGI Prudent Growth Fund

Payout Change
Pending
Price as of:
$12.22 -0.01 -0.08%
primary theme
U.S. Balanced Allocation
share class
SGPGX (Mutual Fund)

SGI Prudent Growth Fund

Payout Change
Pending
Price as of:
$12.22 -0.01 -0.08%
primary theme
U.S. Balanced Allocation
share class

Name

As of 12/06/2024

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

$12.22

$26.3 M

0.43%

$0.05

1.97%

Vitals

YTD Return

13.4%

1 yr return

17.4%

3 Yr Avg Return

3.6%

5 Yr Avg Return

N/A

Net Assets

$26.3 M

Holdings in Top 10

97.5%

52 WEEK LOW AND HIGH

$12.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.97%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 170.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 12/06/2024

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

$12.22

$26.3 M

0.43%

$0.05

1.97%

SGPGX - Profile

Distributions

  • YTD Total Return 13.4%
  • 3 Yr Annualized Total Return 3.6%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -0.67%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    SGI Prudent Growth Fund
  • Fund Family Name
    Summit Global Investments
  • Inception Date
    Jun 08, 2020
  • Shares Outstanding
    1266197
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    David Harden

Fund Description

The Fund invests in securities of affiliated and unaffiliated open-end mutual funds and exchange-traded funds (“ETFs”) (collectively, “Underlying Funds”). The Fund may allocate assets across six categories of Underlying Funds: domestic equities, foreign equities (including emerging markets securities), domestic investment-grade bonds, domestic high yield bonds (also known as “junk bonds”), foreign investment-grade and high yield bonds, and money market funds.

Under normal circumstances, the Fund will invest primarily in Underlying Funds focused on domestic equities, a lesser amount in Underlying Funds focused on large capitalization foreign equities, mid-capitalization foreign equities, emerging markets and domestic investment-grade bonds, and a small amount in Underlying Funds focused on small-capitalization foreign equities, domestic high yield bonds, foreign investment-grade and high yield bonds, and money market funds.

The Adviser attempts to lower the Fund’s market risk by investing in Underlying Funds that seek to lower the overall volatility of the Fund’s portfolio. The Fund seeks volatility between 60%-80% 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. In addition, the Adviser reviews the idiosyncratic risks associated with each Underlying Fund and if these risks are deemed elevated with increased downside risks the Adviser may make changes to the Underlying Funds. The Adviser selects Underlying Funds 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 higher volatility.

Some Underlying Funds may have processes that include environmental, social, and/or governance (“ESG”) considerations as part of their investment strategy. Not all Underlying Funds will include ESG as part of their investment strategy.

The Adviser may evaluate how an Underlying Fund uses proxy votes and access to corporate management. This process may include interviews with an Underlying Fund’s management and an examination of an Underlying Fund’s proxy voting records, prospectus and other reports. The methods that Underlying Funds use may vary.

The Fund may focus its investments in a particular industry or sector for the purpose of capitalizing on performance momentum in that industry or sector due to significant changes in market conditions or geopolitical conditions.

The Fund may sell an Underlying Fund if the Adviser identifies fundamental, ESG, legal or other 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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SGPGX - Performance

Return Ranking - Trailing

Period SGPGX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.4% -2.1% 85.1% 69.21%
1 Yr 17.4% -0.7% 90.1% 69.06%
3 Yr 3.6%* -3.5% 23.8% 57.87%
5 Yr N/A* -2.3% 23.8% N/A
10 Yr N/A* 1.2% 14.1% N/A

* Annualized

Return Ranking - Calendar

Period SGPGX Return Category Return Low Category Return High Rank in Category (%)
2023 10.8% -12.2% 23.9% 47.13%
2022 -13.0% -34.7% 2.8% 9.28%
2021 1.5% -11.9% 18.1% 75.46%
2020 N/A -20.9% 39.7% N/A
2019 N/A 0.8% 25.7% N/A

Total Return Ranking - Trailing

Period SGPGX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.4% -2.1% 85.1% 69.21%
1 Yr 17.4% -0.7% 90.1% 69.06%
3 Yr 3.6%* -3.5% 23.8% 57.87%
5 Yr N/A* -2.3% 23.8% N/A
10 Yr N/A* 1.2% 14.1% N/A

* Annualized

Total Return Ranking - Calendar

Period SGPGX Return Category Return Low Category Return High Rank in Category (%)
2023 11.3% -12.2% 26.8% 78.94%
2022 -12.9% -29.0% 10.9% 30.39%
2021 7.5% -3.0% 27.3% 92.59%
2020 N/A -19.5% 40.6% N/A
2019 N/A 2.2% 32.7% N/A

NAV & Total Return History


SGPGX - Holdings

Concentration Analysis

SGPGX Category Low Category High SGPGX % Rank
Net Assets 26.3 M 861 K 235 B 95.18%
Number of Holdings 11 2 16143 85.42%
Net Assets in Top 10 26.3 M 859 K 66.9 B 88.37%
Weighting of Top 10 97.50% 10.8% 122.7% 16.20%

Top 10 Holdings

  1. SGI US Large Cap Equity Fund 30.32%
  2. iShares Core U.S. Aggregate Bond ETF 9.44%
  3. SGI Enhanced Global Income ETF 8.97%
  4. SGI Global Equity Fund 8.93%
  5. SGI US Large Cap Core Equity ETF 8.92%
  6. SGI Enhanced Core ETF 8.49%
  7. SGI Small Cap Core Fund 8.04%
  8. SGI Diversified Tactical Fund/The 4.93%
  9. iShares iBoxx $ High Yield Corporate Bond ETF 4.77%
  10. iShares 20+ Year Treasury Bond ETF 4.69%

Asset Allocation

Weighting Return Low Return High SGPGX % Rank
Stocks
97.50% 0.00% 100.10% 36.67%
Cash
2.50% -7.92% 100.00% 37.41%
Convertible Bonds
0.42% 0.00% 23.84% 67.06%
Preferred Stocks
0.00% 0.00% 24.59% 89.10%
Other
0.00% -42.55% 113.97% 84.24%
Bonds
0.00% 0.00% 75.29% 92.78%

Stock Sector Breakdown

Weighting Return Low Return High SGPGX % Rank
Technology
19.45% 0.00% 44.21% 51.34%
Financial Services
15.98% 0.00% 38.77% 28.27%
Healthcare
15.94% 0.00% 29.35% 15.77%
Consumer Cyclical
10.33% 0.00% 19.36% 44.49%
Consumer Defense
9.86% 0.00% 15.14% 13.10%
Industrials
9.13% 0.00% 24.37% 70.24%
Communication Services
6.87% 0.00% 38.10% 57.74%
Utilities
3.45% 0.00% 99.55% 30.06%
Real Estate
3.19% 0.00% 65.01% 55.80%
Energy
3.14% 0.00% 85.65% 80.21%
Basic Materials
2.66% 0.00% 25.57% 77.38%

Stock Geographic Breakdown

Weighting Return Low Return High SGPGX % Rank
US
97.50% 0.00% 100.10% 35.79%
Non US
0.00% 0.00% 42.80% 88.66%

SGPGX - Expenses

Operational Fees

SGPGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.97% 0.03% 27.98% 9.66%
Management Fee 0.75% 0.00% 1.83% 88.30%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.25% 0.01% 0.83% 95.68%

Sales Fees

SGPGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

SGPGX 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.

SGPGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 170.00% 0.83% 343.00% 95.12%

SGPGX - Distributions

Dividend Yield Analysis

SGPGX Category Low Category High SGPGX % Rank
Dividend Yield 0.43% 0.00% 17.90% 93.57%

Dividend Distribution Analysis

SGPGX Category Low Category High Category Mod
Dividend Distribution Frequency None Annual Monthly Quarterly

Net Income Ratio Analysis

SGPGX Category Low Category High SGPGX % Rank
Net Income Ratio -0.67% -2.34% 13.92% 97.75%

Capital Gain Distribution Analysis

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

Distributions History

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SGPGX - Fund Manager Analysis

Managers

David Harden


Start Date

Tenure

Tenure Rank

Jun 08, 2020

1.98

2.0%

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

Jun 08, 2020

1.98

2.0%

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
0.08 34.51 6.39 2.41