CMG Tactical All Asset Strategy I
Name
As of 10/21/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-27.5%
1 yr return
-5.5%
3 Yr Avg Return
3.6%
5 Yr Avg Return
1.9%
Net Assets
$6.27 M
Holdings in Top 10
98.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.78%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$15,000
IRA
$15,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/21/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
CMGHX - Profile
Distributions
- YTD Total Return -27.5%
- 3 Yr Annualized Total Return 3.6%
- 5 Yr Annualized Total Return 1.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.04%
- Dividend Yield 7.8%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameCMG Tactical All Asset Strategy Fund
-
Fund Family NameCMG
-
Inception DateApr 29, 2016
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMichael Hee
Fund Description
The Funds adviser (the Adviser) seeks to achieve the Funds investment objective principally through investing in exchange traded funds (ETFs), including inverse and leveraged ETFs, that invest in the following asset classes: (1) U.S., foreign and emerging market common stocks of any capitalization; (2) commodities and commodity-related sectors; (3) fixed income securities of any maturity including high yield (junk) bonds, U.S. Government bonds, inflation-protected bonds and bonds issued by foreign and emerging market issuers; and (4) alternative assets such as currencies, real estate investment trusts (REITs) and master limited partnerships (MLPs). MLPs are limited partnerships in which the ownership units are publicly traded.
The Adviser utilizes a model-driven investment process that evaluates a global universe of ETFs in determining the Funds portfolio. The Advisers model ranks each potential ETF investment option based on the price data of each ETF using proprietary relative strength and momentum indicators. ETFs with the highest rankings are selected for investment and periodically re-evaluated. The Adviser seeks to adjust allocations within the Funds portfolio to capitalize on opportunities across global equity, commodity and commodity related, fixed income and alternative asset markets. An ETF is sold by the adviser when it is no longer considered to be the highest rated fund by the Advisers model for that asset class. ETFs selected by the Adviser for investment may have different policies and restrictions than those of the Fund.
The Adviser may engage in frequent trading of the Funds Portfolio in pursuing the Funds investment objective.
CMGHX - Performance
Return Ranking - Trailing
Period | CMGHX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -27.5% | -73.0% | 19.4% | 5.02% |
1 Yr | -5.5% | -9.1% | 86.9% | 15.64% |
3 Yr | 3.6%* | -9.5% | 16.2% | 56.63% |
5 Yr | 1.9%* | -4.9% | 14.4% | N/A |
10 Yr | N/A* | -0.9% | 7.5% | N/A |
* Annualized
Return Ranking - Calendar
Period | CMGHX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.0% | -22.7% | 305.1% | 31.48% |
2022 | 3.9% | -9.8% | 27.3% | 77.02% |
2021 | 1.2% | -20.8% | 10.9% | 32.00% |
2020 | -4.8% | -12.4% | 29.4% | 48.51% |
2019 | 3.8% | -10.5% | 15.8% | N/A |
Total Return Ranking - Trailing
Period | CMGHX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -27.5% | -73.0% | 19.4% | 5.02% |
1 Yr | -5.5% | -13.4% | 86.9% | 15.27% |
3 Yr | 3.6%* | -9.5% | 16.2% | 50.60% |
5 Yr | 1.9%* | -5.3% | 14.4% | N/A |
10 Yr | N/A* | -0.9% | 7.5% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | CMGHX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.0% | -22.7% | 305.1% | 31.85% |
2022 | 3.9% | -9.8% | 27.3% | 77.02% |
2021 | 1.2% | -20.8% | 10.9% | 44.44% |
2020 | -4.8% | -8.4% | 29.4% | 15.84% |
2019 | 8.0% | -10.2% | 18.0% | N/A |
NAV & Total Return History
CMGHX - Holdings
Concentration Analysis
CMGHX | Category Low | Category High | CMGHX % Rank | |
---|---|---|---|---|
Net Assets | 6.27 M | 1.5 M | 5.01 B | 96.68% |
Number of Holdings | 11 | 4 | 4478 | 96.47% |
Net Assets in Top 10 | 6.58 M | -398 M | 2.55 B | 86.93% |
Weighting of Top 10 | 98.54% | 13.1% | 100.0% | 6.42% |
Top 10 Holdings
- Federated Hermes Instl Prime Obl IS 12.84%
- Sprott Physical Gold Trust 9.59%
Asset Allocation
Weighting | Return Low | Return High | CMGHX % Rank | |
---|---|---|---|---|
Stocks | 75.29% | -3.75% | 97.95% | 4.95% |
Cash | 14.53% | -6278.21% | 410.43% | 84.81% |
Other | 9.51% | -21.53% | 148.54% | 35.69% |
Preferred Stocks | 0.67% | -0.12% | 46.97% | 8.13% |
Convertible Bonds | 0.00% | 0.00% | 87.92% | 6.36% |
Bonds | 0.00% | -326.45% | 6347.80% | 76.33% |
Stock Sector Breakdown
Weighting | Return Low | Return High | CMGHX % Rank | |
---|---|---|---|---|
Energy | 17.39% | 0.00% | 100.00% | 57.09% |
Industrials | 15.90% | 0.00% | 21.45% | 66.14% |
Utilities | 13.30% | 0.00% | 9.23% | 68.90% |
Real Estate | 12.45% | 0.00% | 51.26% | 33.86% |
Technology | 10.64% | 0.00% | 39.58% | 44.88% |
Financial Services | 7.46% | 0.00% | 59.28% | 76.77% |
Consumer Cyclical | 5.01% | 0.00% | 29.09% | 1.97% |
Basic Materials | 4.96% | 0.00% | 27.46% | 63.39% |
Communication Services | 4.57% | 0.00% | 21.78% | 38.58% |
Consumer Defense | 4.19% | 0.00% | 13.62% | 39.76% |
Healthcare | 4.12% | 0.00% | 45.63% | 59.45% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | CMGHX % Rank | |
---|---|---|---|---|
US | 57.04% | -8.85% | 91.88% | 2.83% |
Non US | 18.25% | -19.62% | 42.11% | 33.92% |
CMGHX - Expenses
Operational Fees
CMGHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.78% | 0.29% | 31.15% | 76.26% |
Management Fee | 0.75% | 0.00% | 2.50% | 24.38% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 8.11% |
Administrative Fee | N/A | 0.01% | 0.30% | N/A |
Sales Fees
CMGHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
CMGHX 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.
CMGHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 491.00% | 98.81% |
CMGHX - Distributions
Dividend Yield Analysis
CMGHX | Category Low | Category High | CMGHX % Rank | |
---|---|---|---|---|
Dividend Yield | 7.77% | 0.00% | 4.56% | 35.69% |
Dividend Distribution Analysis
CMGHX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
CMGHX | Category Low | Category High | CMGHX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.04% | -2.51% | 6.83% | 27.34% |
Capital Gain Distribution Analysis
CMGHX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Oct 18, 2022 | $0.635 | OrdinaryDividend |
Dec 23, 2020 | $0.055 | OrdinaryDividend |
Dec 23, 2019 | $0.108 | OrdinaryDividend |
Dec 19, 2017 | $0.079 | OrdinaryDividend |
CMGHX - Fund Manager Analysis
Managers
Michael Hee
Start Date
Tenure
Tenure Rank
Apr 29, 2016
6.09
6.1%
Michael Hee, FSA, MAAA, joined CMG Capital Management Group, Inc. in 2009 where he is currently the Head of Investment Research. His primary responsibilities are to continually improve CMG’s investment strategy offerings as well as all aspects of investment research. In this role, Mr. Hee monitors and evaluates CMG’s current strategies in addition to performing due diligence on prospective managers and strategies. Mr. Hee has over 18 years of risk management experience in insurance, finance and business consulting. Prior to joining CMG, Mr. Hee worked as a consulting actuary providing financial risk management solutions for clients. Mr. Hee is a Fellow of the Society of Actuaries and a Member of the American Academy of Actuaries. Mr. Hee graduated with a Master of Science degree in Mathematics from West Chester University of Pennsylvania. He also holds a Bachelor of Science degree in Mathematics with a concentration in Economics from the University of Delaware. Mr. Hee is married with three children and is active is his community coaching youth sports.
Stephen Blumenthal
Start Date
Tenure
Tenure Rank
Apr 29, 2016
6.09
6.1%
Stephen Blumenthal has been working in the financial industry for over 25 years. In 1992, he founded CMG Capital Management Group, Inc. Prior to starting this firm, Mr. Blumenthal worked for Merrill Lynch Institutional/Retail and Prudential Securities where he developed a unique trading model designed to trade the intermediate-term trends in the high yield bond market.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.02 | 17.37 | 4.48 | 1.67 |