AMREX: American Growth Fund Series Two E

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

AMREX American Growth Fund Series Two E


Profile

AMREX - Profile

Vitals

  • YTD Return 11.3%
  • 3 Yr Annualized Return -5.6%
  • 5 Yr Annualized Return -22.2%
  • Net Assets $782 K
  • Holdings in Top 10 62.6%

52 WEEK LOW AND HIGH

$3.56
$2.56
$4.26

Expenses

OPERATING RELATED FEES

  • Expense Ratio 9.90%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 16.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 11.3%
  • 3 Yr Annualized Total Return -5.6%
  • 5 Yr Annualized Total Return -22.2%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -8.87%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    American Growth Fund Series Two
  • Fund Family Name
    American Growth
  • Inception Date
    Feb 24, 2011
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Timothy 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 business. It may also invest in securities convertible into common stock in companies involved in the legal cannabis business. These securities may be issued by large companies and also small and mid-sized companies, Micro Cap and REITs.


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Performance

AMREX - Performance

Return Ranking - Trailing

Period AMREX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.3% -4.0% 23.2% 60.00%
1 Yr -8.2% -8.0% 30.9% 100.00%
3 Yr -5.6%* -5.6% 13.7% 100.00%
5 Yr -22.2%* -22.1% 10.8% 100.00%
10 Yr N/A* -2.5% 8.8% N/A

* Annualized

Return Ranking - Calendar

Period AMREX Return Category Return Low Category Return High Rank in Category (%)
2019 -9.1% -9.1% 30.4% 100.00%
2018 -24.6% -24.6% -11.4% 100.00%
2017 -5.7% -5.7% 24.1% 100.00%
2016 -56.6% -56.6% 1.2% 100.00%
2015 -0.8% -2.1% 4.1% 66.67%

Total Return Ranking - Trailing

Period AMREX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.3% -4.0% 23.2% 60.00%
1 Yr -8.2% -8.0% 30.9% 100.00%
3 Yr -5.6%* -5.6% 13.7% 100.00%
5 Yr -22.2%* -22.1% 10.8% 100.00%
10 Yr N/A* 4.7% 8.8% N/A

* Annualized

Total Return Ranking - Calendar

Period AMREX Return Category Return Low Category Return High Rank in Category (%)
2019 -9.1% -9.1% 30.4% 100.00%
2018 -24.6% -24.6% -11.4% 100.00%
2017 -5.7% -5.7% 24.1% 100.00%
2016 -56.6% -56.6% 5.7% 100.00%
2015 -0.8% -0.8% 6.3% 100.00%

NAV & Total Return History


Holdings

AMREX - Holdings

Concentration Analysis

AMREX Category Low Category High AMREX % Rank
Net Assets 782 K 10.3 K 70.6 M 80.00%
Number of Holdings 21 14 23 66.67%
Net Assets in Top 10 507 K 507 K 43.5 M 100.00%
Weighting of Top 10 62.60% 40.7% 69.6% 66.67%

Top 10 Holdings

  1. Microsoft Corp 10.73%
  2. GW Pharmaceuticals PLC ADR 7.42%
  3. The Scotts Miracle Gro Co A 7.35%
  4. Teladoc Health Inc 6.41%
  5. Vestas Wind Systems A/S ADR 6.23%
  6. Abbott Laboratories 6.08%
  7. Merck & Co Inc 4.88%
  8. Corbus Pharmaceuticals Holdings Inc 4.70%
  9. Cara Therapeutics Inc 4.51%
  10. Constellation Brands Inc A 4.30%

Asset Allocation

Weighting Return Low Return High AMREX % Rank
Stocks
76.41% 45.48% 76.41% 33.33%
Other
23.58% 0.00% 23.58% 33.33%
Preferred Stocks
0.00% 0.00% 0.00% 33.33%
Convertible Bonds
0.00% 0.00% 0.00% 33.33%
Cash
0.00% 0.00% 54.51% 100.00%
Bonds
0.00% 0.00% 31.47% 66.67%

Stock Sector Breakdown

Weighting Return Low Return High AMREX % Rank
Healthcare
60.79% 0.00% 60.79% 33.33%
Technology
14.47% 14.47% 25.67% 100.00%
Basic Materials
9.92% 1.22% 9.92% 33.33%
Industrials
8.40% 2.06% 8.40% 33.33%
Consumer Defense
5.81% 0.00% 5.81% 33.33%
Consumer Cyclical
0.61% 0.61% 13.72% 100.00%
Utilities
0.00% 0.00% 1.87% 66.67%
Real Estate
0.00% 0.00% 5.33% 100.00%
Financial Services
0.00% 0.00% 15.43% 100.00%
Energy
0.00% 0.00% 2.32% 66.67%
Communication Services
0.00% 0.00% 14.80% 100.00%

Stock Geographic Breakdown

Weighting Return Low Return High AMREX % Rank
US
58.25% 39.47% 58.25% 33.33%
Non US
18.16% 2.32% 18.16% 33.33%

Expenses

AMREX - Expenses

Operational Fees

AMREX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 9.90% 1.32% 9.90% 25.00%
Management Fee 1.00% 0.50% 1.50% 42.86%
12b-1 Fee 0.30% 0.00% 0.30% 100.00%
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

AMREX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 3.00% 5.75% 50.00%
Deferred Load N/A N/A N/A N/A

Trading Fees

AMREX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% 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 16.00% 16.00% 650.00% 33.33%

Distributions

AMREX - Distributions

Dividend Yield Analysis

AMREX Category Low Category High AMREX % Rank
Dividend Yield 0.00% 0.00% 0.34% 42.86%

Dividend Distribution Analysis

AMREX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Annually Annually

Net Income Ratio Analysis

AMREX Category Low Category High AMREX % Rank
Net Income Ratio -8.87% -8.87% -0.17% 100.00%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

AMREX - Fund Manager Analysis

Managers

Timothy Taggart


Start Date

Tenure

Tenure Rank

Apr 30, 2011

9.01

9.0%

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

9.01

9.0%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.33 9.01 3.39 0.33