CANGX: Can Slim Tactical Growth Fund - MutualFunds.com
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CAN SLIM Tactical Growth

CANGX - Snapshot

Vitals

  • YTD Return 1.2%
  • 3 Yr Annualized Return 3.4%
  • 5 Yr Annualized Return 7.3%
  • Net Assets $33.3 M
  • Holdings in Top 10 45.8%

52 WEEK LOW AND HIGH

$14.65
$9.59
$14.68

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.91%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 133.00%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

  • Standard (Taxable) $2,500
  • IRA $2,000

Fund Classification


Compare CANGX to Popular U.S. Growth/Balanced Allocation Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$24.07

0.00%

$115.78 B

2.74%

$0.66

2.21%

0.57%

$41.41

+0.22%

$18.49 B

1.63%

$0.67

2.91%

-

$17.72

+0.06%

$12.43 B

1.51%

$0.27

2.55%

0.38%

$16.38

+0.06%

$11.11 B

2.15%

$0.35

3.54%

0.25%

$56.81

+0.09%

$7.47 B

1.55%

$0.88

2.64%

0.10%

CANGX - Profile

Distributions

  • YTD Total Return 1.2%
  • 3 Yr Annualized Total Return 3.4%
  • 5 Yr Annualized Total Return 7.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.27%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Can Slim Tactical Growth Fund
  • Fund Family Name
    NorthCoast
  • Inception Date
    Sep 26, 2005
  • Shares Outstanding
    2301103
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Daniel Kraninger

Fund Description

The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in cash and securities listed on, or indicated by, the CAN SLIM® Select List subject to certain parameters. When fully invested, it will hold between 50 to 100 positions. The fund primarily invests in the common stocks of companies of any size market capitalization, ranging from larger, well-established companies to lesser-established, small- and micro-capitalization companies. It may also invest at any given time up to 25% of its net assets in foreign securities, which may include emerging market securities.


CANGX - Performance

Return Ranking - Trailing

Period CANGX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.2% 0.4% 7.3% 97.18%
1 Yr 4.9% -18.6% 193.7% 87.07%
3 Yr 3.4%* -7.6% 49.8% 94.19%
5 Yr 7.3%* 2.3% 36.0% 89.18%
10 Yr 7.7%* 3.7% 12.0% 74.79%

* Annualized

Return Ranking - Calendar

Period CANGX Return Category Return Low Category Return High Rank in Category (%)
2020 4.8% -21.4% 34.3% 67.00%
2019 12.8% 1.1% 24.7% 61.69%
2018 -13.8% -48.9% -3.9% 51.40%
2017 0.1% -4.4% 23.6% 96.27%
2016 6.1% -7.8% 13.8% 28.74%

Total Return Ranking - Trailing

Period CANGX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.2% 0.4% 7.3% 97.18%
1 Yr 4.9% -18.6% 190.8% 82.97%
3 Yr 3.4%* -7.6% 49.3% 92.58%
5 Yr 7.3%* 1.9% 35.7% 87.21%
10 Yr 7.7%* 3.7% 12.0% 71.85%

* Annualized

Total Return Ranking - Calendar

Period CANGX Return Category Return Low Category Return High Rank in Category (%)
2020 4.8% -21.4% 34.3% 67.00%
2019 12.8% 1.1% 25.0% 61.69%
2018 -10.7% -48.9% -2.5% 49.30%
2017 20.4% -4.4% 32.2% 7.46%
2016 6.7% -7.8% 22.5% 54.41%

NAV & Total Return History


CANGX - Holdings

Concentration Analysis

CANGX Category Low Category High CANGX % Rank
Net Assets 33.3 M 931 K 116 B 91.38%
Number of Holdings 61 4 19979 29.94%
Net Assets in Top 10 15.3 M 793 K 25.2 B 91.05%
Weighting of Top 10 45.80% 11.5% 100.0% 67.48%

Top 10 Holdings

  1. Jpmorgan Ultra-Short Income Etf 9.66%
  2. Ishares 1-3 Year Treasury Bond Etf 9.59%
  3. First American Government Obligs X 8.36%
  4. Microsoft Corp 4.49%
  5. Amazon.Com Inc 3.00%
  6. Apple Inc 2.95%
  7. Mastercard Inc A 2.56%
  8. Facebook Inc A 2.33%
  9. Walmart Inc 2.27%
  10. Alphabet Inc A 2.26%

Asset Allocation

Weighting Return Low Return High CANGX % Rank
Stocks
72.39% 31.13% 94.26% 71.60%
Bonds
15.33% 0.00% 50.93% 59.88%
Cash
11.45% -9.04% 26.76% 8.02%
Convertible Bonds
0.82% 0.00% 27.06% 14.51%
Preferred Stocks
0.00% 0.00% 11.93% 98.15%
Other
0.00% -0.76% 12.41% 96.30%

Stock Sector Breakdown

Weighting Return Low Return High CANGX % Rank
Technology
23.79% 0.00% 57.97% 9.26%
Consumer Cyclical
17.49% 0.00% 68.75% 2.16%
Healthcare
14.58% 0.00% 35.76% 27.16%
Financial Services
13.12% 0.00% 51.42% 71.91%
Industrials
11.66% 0.00% 26.49% 28.70%
Communication Services
9.20% 0.00% 16.93% 37.35%
Consumer Defense
7.08% 0.00% 16.85% 54.63%
Energy
1.70% 0.00% 25.23% 82.41%
Basic Materials
1.38% 0.00% 18.23% 92.59%
Utilities
0.00% 0.00% 18.90% 100.00%
Real Estate
0.00% 0.00% 66.67% 100.00%

Stock Geographic Breakdown

Weighting Return Low Return High CANGX % Rank
US
70.23% 18.94% 84.44% 9.88%
Non US
2.16% 0.00% 38.51% 93.21%

Bond Sector Breakdown

Weighting Return Low Return High CANGX % Rank
Cash & Equivalents
41.52% 0.03% 100.00% 9.88%
Government
35.23% 0.00% 75.80% 14.81%
Corporate
19.65% 0.00% 99.97% 81.17%
Securitized
3.60% 0.00% 43.44% 80.25%
Derivative
0.00% 0.00% 50.82% 96.91%
Municipal
0.00% 0.00% 18.08% 98.46%

Bond Geographic Breakdown

Weighting Return Low Return High CANGX % Rank
US
12.96% 0.00% 45.11% 58.64%
Non US
2.37% -8.10% 11.35% 41.98%

CANGX - Expenses

Operational Fees

CANGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.91% 0.01% 3.97% 6.64%
Management Fee 1.00% 0.00% 1.67% 97.23%
12b-1 Fee 0.25% 0.00% 1.00% 50.52%
Administrative Fee N/A 0.01% 0.28% 85.08%

Sales Fees

CANGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

CANGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 0.50% 2.00% 80.00%

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.

CANGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 133.00% 0.00% 442.00% 94.86%

CANGX - Distributions

Dividend Yield Analysis

CANGX Category Low Category High CANGX % Rank
Dividend Yield 0.00% 0.00% 6.32% 94.46%

Dividend Distribution Analysis

CANGX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

CANGX Category Low Category High CANGX % Rank
Net Income Ratio 0.27% -1.08% 6.39% 95.18%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

CANGX - Fund Manager Analysis

Managers

Daniel Kraninger


Start Date

Tenure

Tenure Rank

May 20, 2008

12.62

12.6%

Dan Kraninger became President & CEO of NorthCoast Asset Management in 2004. Previously, Mr. Kraninger was Senior Vice President of GE Private Asset Management (GEPAM) a $2.5 billion money management subsidiary of GE Capital. His responsibility at GEPAM was directing their Private Client Group – a team that advised and managed money for over 1,500 high-net worth clients. Prior to GE, he served as President of O’Shaughnessy Capital Management (OCM), a $1 billion Greenwich investment adviser and mutual fund manager that he helped establish in 1996 with founder, Jim O’Shaughnessy. OCM later sold its assets to Netfolio, LLC in January, 2000. Before OCM, Mr. Kraninger worked at Merrill Lynch as a member of the 1994 JET Program and he is a graduate of Villanova University in Philadelphia.

Frank Ingarra


Start Date

Tenure

Tenure Rank

Jul 29, 2011

9.43

9.4%

Frank Ingarra, Jr. joined NorthCoast in 2011 and is a member of the investment team. Prior to joining NorthCoast, Mr. Ingarra served as a portfolio manager of the Hennessy Funds since 2000. He has engaged in portfolio management since 2003 and equities trading, and began his financial career working alongside famed “What Works on Wall Street” author, James O’Shaughnessy as Head Trader. Mr. Ingarra continued to manage these funds after they were acquired by Hennessy Funds in 2000, and was promoted to the co-portfolio manager and head trader for the entire family of quantitatively managed funds. Mr. Ingarra holds an MBA from the Frank G. Zarb School of Business at Hofstra University and a Bachelor’s degree in Engineering with a minor in Business from Villanova University.

Patrick Jamin


Start Date

Tenure

Tenure Rank

Jan 30, 2012

8.93

8.9%

Patrick Jamin joined NorthCoast Asset Management in January, 2012 as Chief Investment Officer. In his role he oversees all investment activity including portfolio management and investment research. Previously Mr. Jamin was a Partner at Numeric Investors directing the effort for all European Strategies and managing Numeric’s World Fundamental Statistical Arbitrage Strategy. Prior to that he served as a Portfolio Manager at Standard Pacific Capital and as a Senior Quantitative Analyst at AIM Investments. Patrick earned an M.B.A. from Harvard Business School with high distinction (2002), a Masters of Science in Telecommunications from Ecole Nationale Superieure des Telecommunications de Paris (1997), a diploma of “Ingenieur de l’Ecole Polytechnique” from Ecole Polytechnique in Palaiseau, France (1995). Patrick is a CFA® charterholder and a certified Financial Risk Manager (FRM).

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 40.02 6.49 1.0