AMREX: American Growth Fund Series Two E

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AMREX American Growth Fund Series Two E

  • Fund
  • AMREX
  • Price as of: Jan 17, 2020
  • $3.34
    + $0.01 + 0.30%

Profile

AMREX - Profile

Vitals

  • YTD Return 4.4%
  • 3 Yr Annualized Return -13.8%
  • 5 Yr Annualized Return -21.8%
  • Net Assets $654 K
  • Holdings in Top 10 68.6%

52 WEEK LOW AND HIGH

$3.34
$3.14
$4.31

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 4.4%
  • 3 Yr Annualized Total Return -13.8%
  • 5 Yr Annualized Total Return -21.8%
  • 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 Class E
  • 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 at least some way, in the legal cannabis business. It may also invest in securities convertible into common stock in companies involved, in at least some way in the legal cannabis business. These securities may be issued by large companies and also small and mid-sized companies, Micro Cap and REITs. The legal cannabis business does not need to be the sole focus point of a company for Series Two to invest in it nor does it need to account for a majority of its overall revenues.


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Categories

Performance

AMREX - Performance

Return Ranking - Trailing

Period AMREX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.4% -8.7% 10.1% 7.97%
1 Yr -14.6% -59.4% 74.0% 97.25%
3 Yr -13.8%* -62.9% 42.6% 98.32%
5 Yr -21.8%* -45.2% 34.1% 99.20%
10 Yr N/A* -10.4% 31.2% N/A

* Annualized

Return Ranking - Calendar

Period AMREX Return Category Return Low Category Return High Rank in Category (%)
2019 -9.1% -58.1% 80.6% 94.46%
2018 -24.6% -100.0% 23.6% 93.92%
2017 -5.7% -55.3% 69.8% 95.23%
2016 -56.6% -56.6% 68.2% 100.00%
2015 -0.8% -50.8% 127.1% 13.55%

Total Return Ranking - Trailing

Period AMREX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.4% -8.7% 10.1% 7.97%
1 Yr -14.6% -59.4% 74.0% 97.40%
3 Yr -13.8%* -37.5% 42.6% 98.65%
5 Yr -21.8%* -35.9% 34.1% 99.40%
10 Yr N/A* -10.4% 31.2% N/A

* Annualized

Total Return Ranking - Calendar

Period AMREX Return Category Return Low Category Return High Rank in Category (%)
2019 -9.1% -58.1% 80.6% 94.62%
2018 -24.6% -100.0% 23.6% 95.20%
2017 -5.7% -55.3% 69.8% 96.42%
2016 -56.6% -56.6% 70.7% 100.00%
2015 -0.8% -50.8% 127.1% 26.49%

NAV & Total Return History


Holdings

AMREX - Holdings

Concentration Analysis

AMREX Category Low Category High AMREX % Rank
Net Assets 654 K 263 K 109 B 98.95%
Number of Holdings 27 1 5851 84.93%
Net Assets in Top 10 519 K -635 M 29.5 B 90.60%
Weighting of Top 10 68.60% 0.0% 2506.6% 11.49%

Top 10 Holdings

  1. Microsoft Corp 9.66%
  2. GW Pharmaceuticals PLC ADR 9.19%
  3. The Scotts Miracle Gro Co A 8.35%
  4. Abbott Laboratories 8.17%
  5. Merck & Co Inc 7.33%
  6. Cara Therapeutics Inc 6.21%
  7. Vestas Wind Systems A/S ADR 5.46%
  8. Teladoc Health Inc 5.16%
  9. Constellation Brands Inc. 4.65%
  10. AbbVie Inc 4.41%

Asset Allocation

Weighting Return Low Return High AMREX % Rank
Stocks
96.07% -46.11% 100.11% 12.09%
Cash
3.92% -2.18% 1041.68% 78.36%
Preferred Stocks
0.00% -0.68% 24.42% 26.87%
Other
0.00% -895.56% 18.45% 30.90%
Convertible Bonds
0.00% -0.02% 17.79% 18.96%
Bonds
0.00% -0.68% 38.22% 43.88%

Stock Sector Breakdown

Weighting Return Low Return High AMREX % Rank
Healthcare
63.78% 0.00% 100.00% 1.23%
Technology
10.05% 0.00% 99.85% 71.93%
Basic Materials
8.94% 0.00% 51.00% 6.75%
Industrials
5.75% 0.00% 73.35% 79.45%
Consumer Defense
5.41% 0.00% 69.28% 58.44%
Consumer Cyclical
5.09% 0.00% 57.06% 79.75%
Communication Services
0.97% 0.00% 99.45% 82.06%
Utilities
0.00% 0.00% 99.02% 70.09%
Real Estate
0.00% 0.00% 96.40% 80.98%
Financial Services
0.00% 0.00% 100.00% 93.87%
Energy
0.00% 0.00% 99.88% 82.52%

Stock Geographic Breakdown

Weighting Return Low Return High AMREX % Rank
US
74.30% -19.32% 92.02% 38.21%
Non US
21.77% -48.75% 62.12% 2.69%

Expenses

AMREX - Expenses

Operational Fees

AMREX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 9.90% 0.04% 13.20% 1.37%
Management Fee 1.00% 0.00% 2.94% 62.18%
12b-1 Fee 0.30% 0.00% 1.00% 59.21%
Administrative Fee N/A 0.01% 1.12% N/A

Sales Fees

AMREX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 2.00% 5.75% 3.81%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

AMREX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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 16.00% 0.00% 5067.00% 14.55%

Distributions

AMREX - Distributions

Dividend Yield Analysis

AMREX Category Low Category High AMREX % Rank
Dividend Yield 0.00% 0.00% 11.42% 29.10%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

AMREX Category Low Category High AMREX % Rank
Net Income Ratio -8.87% -8.87% 4.32% 100.00%

Capital Gain Distribution Analysis

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

8.68

8.7%

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 that 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

8.68

8.7%

Robert Fleck, employee of Investment Research Corporation and Investment Committee member since September 2010. For the years prior to that 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
0.08 41.02 8.14 6.25