American Growth Cannabis E
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
428.6%
1 yr return
-61.9%
3 Yr Avg Return
-20.6%
5 Yr Avg Return
-14.3%
Net Assets
$251 K
Holdings in Top 10
66.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 6.02%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 461.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Investment Style
Small Growth
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
AMREX - Profile
Distributions
- YTD Total Return 428.6%
- 3 Yr Annualized Total Return -22.2%
- 5 Yr Annualized Total Return -15.3%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -5.42%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameAmerican Growth Cannabis Fund
-
Fund Family NameAmerican Growth
-
Inception DateFeb 24, 2011
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerTimothy Taggart
Fund Description
The Adviser uses a consistent approach to build the fund's security portfolio which is made up primarily of common stocks involved in the legal cannabis and hemp businesses. It may also invest in securities convertible into common stock in companies involved in the legal cannabis and hemp business. These securities may be issued by large companies and also small and mid-sized companies, micro-cap companies as well as REITs.
AMREX - Performance
Return Ranking - Trailing
| Period | AMREX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 428.6% | -51.0% | 624.5% | 0.32% |
| 1 Yr | -61.9% | -63.8% | 60.0% | 99.84% |
| 3 Yr | -20.6%* | -20.6% | 40.7% | 100.00% |
| 5 Yr | -14.3%* | -14.3% | 30.8% | 100.00% |
| 10 Yr | -7.0%* | -7.0% | 20.0% | 100.00% |
* Annualized
Return Ranking - Calendar
| Period | AMREX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | -98.2% | -98.2% | 781.7% | 100.00% |
| 2020 | 19.1% | -63.0% | 340.3% | 80.74% |
| 2019 | -9.1% | -9.1% | 48.3% | 100.00% |
| 2018 | -24.6% | -76.3% | 13.6% | 75.72% |
| 2017 | -5.7% | -46.3% | 37.0% | 95.66% |
Total Return Ranking - Trailing
| Period | AMREX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 428.6% | -67.4% | 624.5% | 0.32% |
| 1 Yr | -64.1% | -64.1% | 60.0% | 100.00% |
| 3 Yr | -22.2%* | -22.2% | 40.7% | 100.00% |
| 5 Yr | -15.3%* | -15.3% | 30.8% | 100.00% |
| 10 Yr | -7.6%* | -7.6% | 20.0% | 100.00% |
* Annualized
Total Return Ranking - Calendar
| Period | AMREX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | -98.2% | -98.2% | 781.7% | 100.00% |
| 2020 | 19.1% | -63.0% | 340.3% | 80.74% |
| 2019 | -9.1% | -9.1% | 48.3% | 100.00% |
| 2018 | -24.6% | -76.3% | 14.5% | 80.94% |
| 2017 | -5.7% | -8.4% | 42.0% | 99.41% |
NAV & Total Return History
AMREX - Holdings
Concentration Analysis
| AMREX | Category Low | Category High | AMREX % Rank | |
|---|---|---|---|---|
| Net Assets | 251 K | 183 K | 28 B | 99.84% |
| Number of Holdings | 19 | 6 | 1336 | 98.13% |
| Net Assets in Top 10 | 211 K | 59 K | 2.7 B | 99.53% |
| Weighting of Top 10 | 66.38% | 4.7% | 100.0% | 2.35% |
Top 10 Holdings
- The Valens Co Inc Ordinary Shares 10.84%
- Innovative Industrial Properties Inc Registered Shs 10.52%
- Power REIT 10.21%
- The Valens Co Inc Ordinary Shares 8.72%
- Vestas Wind Systems A/S Adr 8.10%
- Lifeist Wellness Inc 8.00%
- Abbott Laboratories 7.32%
- Teladoc Health Inc 6.21%
- Tennessee Valley Auth 6.04%
- GrowGeneration Corp 6.00%
Asset Allocation
| Weighting | Return Low | Return High | AMREX % Rank | |
|---|---|---|---|---|
| Stocks | 78.36% | 77.52% | 101.30% | 99.69% |
| Other | 20.21% | -1.57% | 20.21% | 0.16% |
| Cash | 1.43% | -1.30% | 22.49% | 63.28% |
| Preferred Stocks | 0.00% | 0.00% | 3.43% | 8.13% |
| Convertible Bonds | 0.00% | 0.00% | 1.57% | 5.00% |
| Bonds | 0.00% | 0.00% | 3.19% | 4.69% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | AMREX % Rank | |
|---|---|---|---|---|
| Healthcare | 58.05% | 0.00% | 58.05% | 0.16% |
| Real Estate | 27.01% | 0.00% | 27.01% | 0.16% |
| Consumer Cyclical | 13.06% | 0.00% | 40.68% | 41.41% |
| Consumer Defense | 1.20% | 0.00% | 30.87% | 90.00% |
| Technology | 0.44% | 0.00% | 75.51% | 99.53% |
| Industrials | 0.25% | 0.00% | 36.64% | 98.91% |
| Utilities | 0.00% | 0.00% | 10.26% | 35.16% |
| Financial Services | 0.00% | 0.00% | 100.00% | 98.44% |
| Energy | 0.00% | 0.00% | 55.49% | 74.53% |
| Communication Services | 0.00% | 0.00% | 15.31% | 85.47% |
| Basic Materials | 0.00% | 0.00% | 11.17% | 84.84% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | AMREX % Rank | |
|---|---|---|---|---|
| Non US | 46.32% | 0.00% | 46.32% | 0.16% |
| US | 32.04% | 32.04% | 99.56% | 100.00% |
AMREX - Expenses
Operational Fees
| AMREX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 6.02% | 0.03% | 6.02% | 0.16% |
| Management Fee | 1.00% | 0.05% | 4.05% | 84.51% |
| 12b-1 Fee | 0.30% | 0.00% | 1.00% | 65.84% |
| Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
| AMREX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.75% | 3.50% | 5.75% | 1.25% |
| Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
| AMREX 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.
| AMREX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 461.00% | 0.00% | 461.00% | 100.00% |
AMREX - Distributions
Dividend Yield Analysis
| AMREX | Category Low | Category High | AMREX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 21.93% | 7.72% |
Dividend Distribution Analysis
| AMREX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Quarterly | Quarterly |
Net Income Ratio Analysis
| AMREX | Category Low | Category High | AMREX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -5.42% | -5.42% | 1.10% | 100.00% |
Capital Gain Distribution Analysis
| AMREX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount | Type |
|---|---|---|
| Sep 30, 2020 | $0.035 | OrdinaryDividend |
| Sep 01, 2020 | $0.035 | OrdinaryDividend |
| Aug 01, 2020 | $0.039 | OrdinaryDividend |
AMREX - Fund Manager Analysis
Managers
Timothy Taggart
Start Date
Tenure
Tenure Rank
Apr 30, 2011
11.09
11.1%
Timothy Taggart has been a member of the Investment Committee since September of 2010 and is the President of World Capital Brokerage, Inc. For the years prior to April 12, 2011, Mr. Taggart served on the Board of Directors for IRC, as Treasurer and Chief Compliance officer as well as on the Board of Directors for WCB as President and Chief Compliance Office.
Robert Fleck
Start Date
Tenure
Tenure Rank
Apr 30, 2011
11.09
11.1%
Robert Fleck, employee of Investment Research Corporation and Investment Committee member since September 2010. Mr. Fleck is owner of World Capital Advisors (“WCA”). For the years prior to April 12, 2011, Mr. Fleck served as President and CEO of World Capital Advisors, LLC., a registered Investment Advisor.
Matthew Taggart
Start Date
Tenure
Tenure Rank
Apr 30, 2021
1.08
1.1%
Mr. Matthew Taggart has been responsible for managing the Fund’s security portfolio through his positions with IRC, and the Fund’s Investment Advisory Committee. Mr. M. Taggart joined the advisor in July of 2013.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 30.44 | 8.81 | 0.33 |