CIBC Atlas Mid Cap Equity Fund
Name
As of 04/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
3.9%
1 yr return
20.6%
3 Yr Avg Return
1.1%
5 Yr Avg Return
8.2%
Net Assets
$854 M
Holdings in Top 10
24.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.83%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 26.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$250,000
IRA
$250,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
AWMIX - Profile
Distributions
- YTD Total Return 3.9%
- 3 Yr Annualized Total Return 1.1%
- 5 Yr Annualized Total Return 8.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.41%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameCIBC Atlas Mid Cap Equity Fund
-
Fund Family NameAT Funds
-
Inception DateJun 27, 2014
-
Shares Outstanding41011828
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJay Pearlstein
Fund Description
Under normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of mid-capitalization companies. This investment policy may be changed by the Fund upon 60 days’ prior written notice to shareholders. For purposes of this policy, a mid-capitalization company is a company with a market capitalization of between $4 billion and $40 billion at the time of initial purchase. While the Fund expects to invest primarily in common stock, it may also invest in other equity securities, including preferred stock, convertible securities and American Depositary Receipts (“ADRs”). The Fund may invest up to 25% of its net assets in foreign securities, including ADRs.
In selecting securities for the Fund, the Adviser utilizes a bottom-up, fundamental selection process that focuses on identifying companies across various sectors that can deliver consistently strong earnings growth, free cash flow growth and above average return on equity. The Adviser looks for a proven history of growth in the companies in which the Fund invests, because the Adviser believes that it is indicative of the value of the company’s underlying franchise or market position, and companies with such a history typically have a proprietary product or business approach that allows them to be leaders within their respective industries.
The Fund intends to buy and hold securities of companies for the long-term, and seeks to limit portfolio turnover. The Fund may sell a security, however, when a company’s fundamental business prospects or ability to generate cash
deteriorates, its capitalization exceeds the upper range of capitalizations of companies in the Fund’s benchmark index, its management becomes less stable or it becomes overvalued, or when more attractive alternatives exist.
AWMIX - Performance
Return Ranking - Trailing
Period | AWMIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.9% | -16.7% | 22.3% | 48.52% |
1 Yr | 20.6% | -7.4% | 56.2% | 42.38% |
3 Yr | 1.1%* | -29.9% | 79.0% | 17.75% |
5 Yr | 8.2%* | -4.8% | 97.9% | 63.47% |
10 Yr | N/A* | -0.1% | 36.9% | N/A |
* Annualized
Return Ranking - Calendar
Period | AWMIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 14.5% | -27.7% | 68.0% | 66.73% |
2022 | -24.8% | -85.6% | 350.1% | 15.89% |
2021 | 8.2% | -77.0% | 238.3% | 23.08% |
2020 | 15.5% | -44.1% | 2474.5% | 81.71% |
2019 | 34.6% | -50.2% | 44.0% | 14.34% |
Total Return Ranking - Trailing
Period | AWMIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.9% | -16.7% | 22.3% | 48.52% |
1 Yr | 20.6% | -7.4% | 56.2% | 42.38% |
3 Yr | 1.1%* | -29.9% | 79.0% | 17.75% |
5 Yr | 8.2%* | -4.8% | 97.9% | 63.47% |
10 Yr | N/A* | -0.1% | 36.9% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | AWMIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 19.5% | -26.1% | 68.0% | 58.92% |
2022 | -23.6% | -67.0% | 440.7% | 22.62% |
2021 | 19.7% | -23.5% | 342.2% | 17.88% |
2020 | 18.4% | 2.6% | 2549.1% | 93.84% |
2019 | 34.6% | 14.6% | 44.8% | 44.47% |
NAV & Total Return History
AWMIX - Holdings
Concentration Analysis
AWMIX | Category Low | Category High | AWMIX % Rank | |
---|---|---|---|---|
Net Assets | 854 M | 2.73 M | 100 B | 57.22% |
Number of Holdings | 76 | 25 | 3644 | 49.26% |
Net Assets in Top 10 | 195 M | 449 K | 9.69 B | 58.15% |
Weighting of Top 10 | 24.47% | 0.4% | 99.9% | 64.26% |
Top 10 Holdings
- CROWDSTRIKE HOLDINGS INC - A COMMON STOCK 3.30%
- CADENCE DESIGN SYS INC COMMON STOCK 2.79%
- AMERIPRISE FINANCIAL INC COMMON STOCK 2.76%
- CENCORA INC COMMON STOCK 2.36%
- AMPHENOL CORP-CL A COMMON STOCK 2.35%
- DATADOG INC - CLASS A COMMON STOCK 2.33%
- ROSS STORES INC COMMON STOCK 2.18%
- CINTAS CORP COMMON STOCK 2.18%
- DEXCOM INC COMMON STOCK 2.12%
- AUTOZONE INC COMMON STOCK 2.09%
Asset Allocation
Weighting | Return Low | Return High | AWMIX % Rank | |
---|---|---|---|---|
Stocks | 98.07% | 0.92% | 101.30% | 57.96% |
Cash | 1.94% | 0.00% | 99.08% | 46.67% |
Preferred Stocks | 0.00% | 0.00% | 5.46% | 55.74% |
Other | 0.00% | -0.18% | 16.96% | 63.89% |
Convertible Bonds | 0.00% | 0.00% | 0.40% | 48.89% |
Bonds | 0.00% | -3.27% | 1.87% | 51.85% |
Stock Sector Breakdown
Weighting | Return Low | Return High | AWMIX % Rank | |
---|---|---|---|---|
Technology | 34.65% | 0.04% | 62.17% | 32.59% |
Consumer Cyclical | 17.52% | 0.00% | 57.41% | 19.63% |
Industrials | 15.37% | 0.00% | 38.23% | 43.52% |
Healthcare | 13.81% | 0.00% | 37.06% | 79.44% |
Financial Services | 5.51% | 0.00% | 43.01% | 62.04% |
Basic Materials | 4.28% | 0.00% | 17.25% | 17.59% |
Consumer Defense | 3.15% | 0.00% | 16.40% | 29.63% |
Real Estate | 2.90% | 0.00% | 19.28% | 40.56% |
Communication Services | 1.13% | 0.00% | 18.33% | 73.33% |
Energy | 1.06% | 0.00% | 62.10% | 54.44% |
Utilities | 0.63% | 0.00% | 12.94% | 18.89% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | AWMIX % Rank | |
---|---|---|---|---|
US | 98.07% | 0.64% | 101.30% | 48.15% |
Non US | 0.00% | 0.00% | 34.57% | 61.11% |
AWMIX - Expenses
Operational Fees
AWMIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.83% | 0.02% | 17.54% | 75.61% |
Management Fee | 0.75% | 0.00% | 1.50% | 56.77% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.40% | N/A |
Sales Fees
AWMIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
AWMIX 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.
AWMIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 26.00% | 0.00% | 250.31% | 29.22% |
AWMIX - Distributions
Dividend Yield Analysis
AWMIX | Category Low | Category High | AWMIX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 33.99% | 58.15% |
Dividend Distribution Analysis
AWMIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
AWMIX | Category Low | Category High | AWMIX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.41% | -2.24% | 2.75% | 32.33% |
Capital Gain Distribution Analysis
AWMIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
AWMIX - Fund Manager Analysis
Managers
Jay Pearlstein
Start Date
Tenure
Tenure Rank
Jun 27, 2014
7.93
7.9%
Jay Pearlstein, CFA, Managing Director, is a co-manager. Mr. Pearlstein has been associated with the AT Investment Advisers and/or its affiliates since 1996. Prior to 1996, he was vice president of the equity research department and a member of the investment policy committee at Loomis, Sayles & Co. Previously, he was a senior auditor for Coopers & Lybrand. Pearlstein is a Chartered Financial Analyst and a Certified Public Accountant.
Bryan Reilly
Start Date
Tenure
Tenure Rank
Mar 01, 2022
0.25
0.3%
Mr. Reilly has been associated with CIBC Private Wealth Advisors, Inc. and/or its affiliates since 2003 and during such time has held positions of Portfolio Manager, Senior Investment Analyst and serves on the Firm’s Asset Allocation Committee. Prior to joining the firm, Bryan was a principal and research analyst at State Street Global Advisors. Mr. Reilly has been in the financial services industry for more than 25 years.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 36.3 | 9.35 | 11.76 |