Name
As of 04/18/2024Price
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
2.8%
1 yr return
17.5%
3 Yr Avg Return
2.6%
5 Yr Avg Return
9.1%
Net Assets
$1.24 B
Holdings in Top 10
75.1%
52 WEEK LOW AND HIGH
$16.2
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.84%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 17.09%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/18/2024Price
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
GPSTX - Profile
Distributions
- YTD Total Return 2.8%
- 3 Yr Annualized Total Return 2.6%
- 5 Yr Annualized Total Return 9.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.75%
- Dividend Yield 1.6%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameGuidePath® Growth Allocation Fund
-
Fund Family NameGuideMark and GuidePath Funds
-
Inception DateSep 13, 2012
-
Shares Outstanding75169655
-
Share ClassS
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerSelwyn Crews
Fund Description
The Fund operates as a fund of funds, investing primarily in registered mutual funds, including exchange-traded funds (“ETFs”). The funds in which the Fund may invest are referred to herein as the “Underlying Funds.” The Advisor believes that investing in Underlying Funds provides the Fund with an efficient means of creating a portfolio that provides investors with indirect exposure to a broad range of securities. By investing in the Fund, you will indirectly bear fees and expenses of the Underlying Funds in addition to the Fund’s direct fees and expenses. In order to obtain exposure to certain markets, asset classes or active management styles, the Fund may buy Underlying Funds managed by the Advisor or its affiliates, which, in turn, invest in various securities, including ETFs. The Fund may also invest directly in securities and other exchange-traded products, such as exchange-traded notes (“ETNs”).
In seeking to maximize total return, under normal circumstances, the Fund’s assets are allocated, either directly or indirectly via the Underlying Funds, among various asset classes, including domestic and international equity securities (including American Depositary Receipts (“ADRs”) and Global Depositary Receipts (“GDRs”)) and domestic and international fixed income securities. The intention is to capture broad capital market returns, while seeking to balance the pursuit of maximum total return against the control of risk in the portfolio.
In addition to the general allocation into equity, fixed income and cash equivalent asset classes, the Fund’s assets are also typically allocated among a variety of sub-asset classes. The Fund’s equity investments typically include, either directly or indirectly via the Underlying Funds, a mix of weightings of larger and smaller capitalization equity securities, growth and value stocks, and equity securities from developed and emerging international markets. The Fund’s fixed income investments may be expected to be allocated, either directly or indirectly via the
Underlying Funds, among corporate bonds, mortgage-backed or asset-backed securities, securities issued by the U.S. and foreign governments or their agencies and instrumentalities, and to higher-yielding bonds (sometimes referred to as “junk bonds”), including emerging market debt. Typically, a significant portion of the Fund’s fixed income allocation will be in non-investment grade fixed income investments with varying maturities.
The Advisor’s asset allocation decisions are based on different factors and analytical approaches, derived from asset allocation approaches developed by various research providers and considered by the Advisor in constructing the Fund’s portfolio.
The Fund’s asset allocation mix among equity, fixed income and cash equivalent money market securities is intended to generally remain consistent for longer periods of time. Under normal circumstances, the Fund is expected to allocate between 65% and 100% of its assets to equity securities or investments that provide exposure to equity securities. Over time, the asset allocation mix may change as a result of changing capital market assumptions. Under normal market conditions, the Fund is expected to allocate approximately 99% of its assets to equity securities or investments that provide exposure to equity securities and 1% of its assets to fixed income securities or investments that provide exposure to fixed income securities, including cash equivalents. The Fund also may allocate significant assets to international equity markets: up to 45% to developed international markets and up to 35% to emerging markets.
The Fund may invest in Underlying Funds that use derivatives for risk management purposes or as part of their investment strategies. An Underlying Fund may use derivatives to enhance returns, to manage or adjust the risk profile of the Underlying Fund, to replace more traditional direct investments, or to obtain exposure to certain markets.
The Fund lends its portfolio securities to seek to generate additional income.
GPSTX - Performance
Return Ranking - Trailing
| Period | GPSTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.8% | -35.6% | 29.2% | 31.66% |
| 1 Yr | 17.5% | 17.3% | 252.4% | 38.75% |
| 3 Yr | 2.6%* | -3.5% | 34.6% | 45.26% |
| 5 Yr | 9.1%* | 0.1% | 32.7% | 48.19% |
| 10 Yr | 7.2%* | -6.9% | 18.3% | N/A |
* Annualized
Return Ranking - Calendar
| Period | GPSTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 21.7% | -24.3% | 957.1% | 32.03% |
| 2022 | -25.3% | -38.3% | 47.1% | 33.25% |
| 2021 | 16.2% | -54.2% | 0.6% | 24.23% |
| 2020 | 17.3% | -76.0% | 54.1% | 93.41% |
| 2019 | 24.3% | -26.1% | 47.8% | 54.39% |
Total Return Ranking - Trailing
| Period | GPSTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.8% | -35.6% | 29.2% | 32.44% |
| 1 Yr | 17.5% | 11.4% | 252.4% | 35.45% |
| 3 Yr | 2.6%* | -3.5% | 34.6% | 42.34% |
| 5 Yr | 9.1%* | 0.1% | 32.7% | 46.31% |
| 10 Yr | 7.2%* | -6.9% | 18.3% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | GPSTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 24.2% | -24.3% | 957.1% | 32.03% |
| 2022 | -22.3% | -33.1% | 47.1% | 33.75% |
| 2021 | 19.3% | -44.4% | 1.8% | 45.22% |
| 2020 | 19.4% | -6.5% | 54.1% | 51.39% |
| 2019 | 25.7% | -14.4% | 47.8% | 31.74% |
NAV & Total Return History
GPSTX - Holdings
Concentration Analysis
| GPSTX | Category Low | Category High | GPSTX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.24 B | 199 K | 133 B | 31.03% |
| Number of Holdings | 26 | 1 | 9075 | 93.06% |
| Net Assets in Top 10 | 800 M | -18 M | 37.6 B | 18.94% |
| Weighting of Top 10 | 75.07% | 9.1% | 100.0% | 4.00% |
Top 10 Holdings
- Vanguard SP 500 ETF 17.92%
- Vanguard FTSE Developed Markets ETF 10.25%
- Mount Vernon Liquid Assets Portfolio, LLC 8.01%
- Growth Fund of America/The 6.45%
- Schwab U.S. Large-Cap Growth ETF 6.43%
- iShares Core MSCI Emerging Markets ETF 5.66%
- AMCAP Fund 5.15%
- Vanguard Russell 1000 Growth ETF 5.13%
- American Funds Fundamental Investors 5.10%
- Schwab US Large-Cap ETF 4.96%
Asset Allocation
| Weighting | Return Low | Return High | GPSTX % Rank | |
|---|---|---|---|---|
| Stocks | 100.45% | 61.84% | 125.47% | 55.95% |
| Cash | 9.22% | -174.70% | 23.12% | 40.31% |
| Preferred Stocks | 0.00% | -0.01% | 5.28% | 12.44% |
| Other | 0.00% | -13.98% | 19.14% | 18.83% |
| Convertible Bonds | 0.00% | 0.00% | 4.46% | 56.94% |
| Bonds | 0.00% | -1.50% | 161.67% | 58.70% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | GPSTX % Rank | |
|---|---|---|---|---|
| Technology | 22.34% | 0.00% | 49.87% | 32.60% |
| Financial Services | 13.00% | 0.00% | 38.42% | 66.30% |
| Consumer Cyclical | 12.60% | 0.00% | 40.94% | 34.91% |
| Healthcare | 12.50% | 0.00% | 35.42% | 47.91% |
| Industrials | 9.59% | 0.00% | 44.06% | 59.03% |
| Communication Services | 7.99% | 0.00% | 57.66% | 38.11% |
| Consumer Defense | 6.09% | 0.00% | 73.28% | 62.44% |
| Real Estate | 5.99% | 0.00% | 39.48% | 6.50% |
| Basic Materials | 4.23% | 0.00% | 38.60% | 53.52% |
| Energy | 3.74% | 0.00% | 21.15% | 36.12% |
| Utilities | 1.93% | 0.00% | 29.12% | 53.74% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | GPSTX % Rank | |
|---|---|---|---|---|
| US | 100.45% | 0.13% | 103.82% | 5.07% |
| Non US | 0.00% | 0.58% | 99.46% | 95.15% |
GPSTX - Expenses
Operational Fees
| GPSTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.84% | 0.01% | 44.27% | 68.53% |
| Management Fee | 0.25% | 0.00% | 1.82% | 8.86% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | 36.59% |
| Administrative Fee | 0.25% | 0.01% | 0.76% | 90.23% |
Sales Fees
| GPSTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| GPSTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 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.
| GPSTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 17.09% | 0.00% | 395.00% | 46.90% |
GPSTX - Distributions
Dividend Yield Analysis
| GPSTX | Category Low | Category High | GPSTX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.62% | 0.00% | 3.26% | 56.46% |
Dividend Distribution Analysis
| GPSTX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annually | Annually | Annually |
Net Income Ratio Analysis
| GPSTX | Category Low | Category High | GPSTX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.75% | -4.27% | 12.65% | 38.41% |
Capital Gain Distribution Analysis
| GPSTX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 28, 2023 | $0.315 | OrdinaryDividend |
| Dec 29, 2022 | $0.534 | OrdinaryDividend |
| Dec 30, 2021 | $0.459 | OrdinaryDividend |
| Dec 27, 2019 | $0.141 | OrdinaryDividend |
| Dec 21, 2018 | $0.132 | OrdinaryDividend |
| Dec 28, 2017 | $0.153 | OrdinaryDividend |
| Dec 29, 2016 | $0.141 | OrdinaryDividend |
| Dec 30, 2015 | $0.105 | OrdinaryDividend |
| Dec 30, 2014 | $0.133 | OrdinaryDividend |
| Dec 30, 2013 | $0.062 | OrdinaryDividend |
| Dec 28, 2012 | $0.074 | OrdinaryDividend |
| Dec 29, 2011 | $0.098 | OrdinaryDividend |
GPSTX - Fund Manager Analysis
Managers
Selwyn Crews
Start Date
Tenure
Tenure Rank
Jul 31, 2020
1.83
1.8%
Mr. Crews is Director of Portfolio Management for AssetMark, responsible for managing specific portfolios and solutions for the firm. Mr. Crews joined the firm in 2011. Prior to 2011, Mr. Crews was a leader at Genworth Financial where he was responsible for risk oversight of mutual funds in Variable Annuity products.
David McNatt
Start Date
Tenure
Tenure Rank
Jun 01, 2021
1.0
1.0%
Mr. McNatt is an Executive Vice President and Head of Investment Solutions for AssetMark, and serves as Portfolio Manager for the GuidePath® Growth Allocation Fund, GuidePath® Conservative Allocation Fund, GuidePath® Tactical Allocation Fund, GuidePath® Absolute Return Allocation Fund, GuidePath® Multi-Asset Income Allocation Fund, GuidePath® Flexible Income Allocation Fund, GuidePath® Conservative Income Fund, GuidePath® Income Fund, and GuidePath® Growth and Income Fund since June of 2021. He leads the firm’s Investment Solutions Group which focuses on providing asset management excellence and ensuring the AssetMark platform provides financial advisors and their clients investment products and services that meet their evolving needs. In his capacity, Mr. McNatt oversees the four groups comprising AssetMark’s Investment division including: Platform Investment Strategy; Investment Management; Investment Service and Operations; and Product Strategy & Development. Mr. McNatt served as Senior Vice President, Product Strategy and Management from 2015 to 2021. Prior to joining AssetMark, Mr. McNatt held senior leadership roles at Russell Investments, Charles Schwab and Franklin Templeton focused on the strategy, development and management of asset management products and services.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 35.82 | 6.24 | 1.25 |