Counterpoint Tactical Equity I
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
11.0%
1 yr return
61.0%
3 Yr Avg Return
5.2%
5 Yr Avg Return
2.5%
Net Assets
$42.8 M
Holdings in Top 10
N/A
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.82%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 230.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$100,000
IRA
$100,000
Fund Classification
Fund Type
Open End Mutual Fund
Investment Style
Long-Short Equity
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
CPIEX - Profile
Distributions
- YTD Total Return 11.0%
- 3 Yr Annualized Total Return 5.2%
- 5 Yr Annualized Total Return 2.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.64%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameCounterpoint Tactical Equity Fund
-
Fund Family NameCounterpoint Mutual Funds
-
Inception DateNov 30, 2015
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMichael Krause
Fund Description
Under normal market conditions, the fund invests at least 80% of its assets (plus the amount of borrowings, if any) in long and short positions in equity instruments of any market capitalization. Equity instruments include domestic and foreign common stock, preferred stock, depositary receipts, equity swaps (including single-name, index, and basket swaps), options, equity index futures, and other investment companies (such as ETFs, mutual funds, and closed-end funds) that invest in these types of securities.
CPIEX - Performance
Return Ranking - Trailing
| Period | CPIEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.0% | -46.4% | 46.4% | 6.06% |
| 1 Yr | 61.0% | -53.7% | 63.7% | 2.03% |
| 3 Yr | 5.2%* | -9.1% | 37.1% | 51.89% |
| 5 Yr | 2.5%* | -5.5% | 12.1% | 82.04% |
| 10 Yr | N/A* | -4.3% | 10.6% | N/A |
* Annualized
Return Ranking - Calendar
| Period | CPIEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | 54.1% | -40.0% | 54.1% | 0.53% |
| 2020 | -29.2% | -47.6% | 88.4% | 96.15% |
| 2019 | -7.7% | -20.3% | 62.6% | 97.69% |
| 2018 | -6.4% | -53.1% | 12.7% | 34.34% |
| 2017 | 7.8% | -67.1% | 21.9% | 37.25% |
Total Return Ranking - Trailing
| Period | CPIEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.0% | -46.4% | 46.4% | 6.57% |
| 1 Yr | 61.0% | -53.7% | 63.7% | 2.03% |
| 3 Yr | 5.2%* | -9.1% | 37.1% | 50.27% |
| 5 Yr | 2.5%* | -6.0% | 12.1% | 80.24% |
| 10 Yr | N/A* | -4.3% | 10.6% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | CPIEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | 54.1% | -40.0% | 54.1% | 0.53% |
| 2020 | -29.2% | -47.6% | 88.4% | 96.15% |
| 2019 | -7.7% | -20.3% | 62.6% | 97.69% |
| 2018 | -6.4% | -53.1% | 12.7% | 42.77% |
| 2017 | 14.1% | -12.7% | 24.8% | 29.41% |
NAV & Total Return History
CPIEX - Holdings
Concentration Analysis
| CPIEX | Category Low | Category High | CPIEX % Rank | |
|---|---|---|---|---|
| Net Assets | 42.8 M | 818 K | 5.22 B | 63.90% |
| Number of Holdings | 170 | 3 | 2670 | 36.55% |
| Net Assets in Top 10 | 9.19 M | -96.2 M | 1.15 B | 68.02% |
| Weighting of Top 10 | N/A | 1.1% | 100.0% | 1.91% |
Top 10 Holdings
- Jpm Ind Long 1 71.94%
- Jpm Ind Long 1 71.94%
- Jpm Ind Long 1 71.94%
- Jpm Ind Long 1 71.94%
- Jpm Ind Long 1 71.94%
- Jpm Ind Long 1 71.94%
- Jpm Ind Long 1 71.94%
- Jpm Ind Long 1 71.94%
- Jpm Ind Long 1 71.94%
- Jpm Ind Long 1 71.94%
Asset Allocation
| Weighting | Return Low | Return High | CPIEX % Rank | |
|---|---|---|---|---|
| Stocks | 36.86% | -3.10% | 119.13% | 78.79% |
| Other | 34.92% | -21.62% | 49.47% | 3.57% |
| Cash | 26.16% | -47.87% | 102.94% | 55.10% |
| Bonds | 2.06% | -48.47% | 152.17% | 16.67% |
| Preferred Stocks | 0.00% | 0.00% | 7.62% | 69.39% |
| Convertible Bonds | 0.00% | -0.02% | 4.38% | 67.35% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | CPIEX % Rank | |
|---|---|---|---|---|
| Technology | 23.36% | 0.00% | 43.24% | 32.22% |
| Consumer Cyclical | 20.56% | 0.00% | 86.06% | 5.56% |
| Industrials | 13.22% | 0.00% | 34.89% | 30.56% |
| Financial Services | 10.19% | 0.00% | 82.73% | 75.56% |
| Communication Services | 8.63% | 0.00% | 32.32% | 40.00% |
| Energy | 6.21% | 0.00% | 29.37% | 25.00% |
| Basic Materials | 5.66% | 0.00% | 28.58% | 16.11% |
| Consumer Defense | 4.91% | 0.00% | 33.38% | 65.56% |
| Healthcare | 3.44% | 0.00% | 100.00% | 95.00% |
| Utilities | 2.21% | 0.00% | 23.75% | 50.56% |
| Real Estate | 1.62% | 0.00% | 14.66% | 50.00% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | CPIEX % Rank | |
|---|---|---|---|---|
| US | 31.83% | -24.26% | 116.70% | 79.59% |
| Non US | 5.03% | -42.86% | 97.89% | 43.88% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | CPIEX % Rank | |
|---|---|---|---|---|
| Cash & Equivalents | 96.19% | 6.94% | 100.00% | 74.09% |
| Government | 3.81% | 0.00% | 87.88% | 15.54% |
| Derivative | 0.00% | 0.00% | 60.85% | 69.95% |
| Securitized | 0.00% | 0.00% | 40.45% | 68.39% |
| Corporate | 0.00% | 0.00% | 87.67% | 73.06% |
| Municipal | 0.00% | 0.00% | 0.06% | 66.32% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | CPIEX % Rank | |
|---|---|---|---|---|
| US | 2.06% | -48.47% | 54.96% | 16.33% |
| Non US | 0.00% | -0.33% | 18.26% | 67.35% |
CPIEX - Expenses
Operational Fees
| CPIEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.82% | 0.40% | 11.46% | 53.88% |
| Management Fee | 1.25% | 0.00% | 2.50% | 64.56% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 17.39% |
| Administrative Fee | N/A | 0.03% | 1.54% | N/A |
Sales Fees
| CPIEX 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% | 4.00% | N/A |
Trading Fees
| CPIEX 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.
| CPIEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 230.00% | 0.00% | 479.00% | 83.23% |
CPIEX - Distributions
Dividend Yield Analysis
| CPIEX | Category Low | Category High | CPIEX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 18.44% | 75.24% |
Dividend Distribution Analysis
| CPIEX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Annually | Annually |
Net Income Ratio Analysis
| CPIEX | Category Low | Category High | CPIEX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.64% | -3.33% | 2.88% | 46.23% |
Capital Gain Distribution Analysis
| CPIEX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
CPIEX - Fund Manager Analysis
Managers
Michael Krause
Start Date
Tenure
Tenure Rank
Nov 30, 2015
6.42
6.4%
Michael Krause is a co-founder of Counterpoint Mutual Funds, LLC. Prior to founding Counterpoint Mutual Funds, LLC in 2014, Mr. Krause co-founded Counterpoint Asset Management, LLC in 2012 to offer quantitative investment strategies to investment clients. Mr. Krause served as a senior financial risk analyst for San Diego Gas & Electric from 2012 until 2014. Mr. Krause is a CFA® charter holder. He obtained an MBA from the Rady School of Management at the University of California at San Diego in 2012 and a Bachelor of Arts in Economics from San Diego State University. Prior to attending San Diego State University, Mr. Krause worked as a computer and information technology consultant and co-founded Exchange Network Services, Inc., an internet service provider, which earned him the Ernst and Young Entrepreneur of the Year, Northeast Ohio regional award in 1998.
Joseph Engelberg
Start Date
Tenure
Tenure Rank
Nov 30, 2015
6.42
6.4%
Joseph Engelberg has served as Chief Research Officer of Counterpoint Mutual Funds, LLC since 2015. Dr. Engelberg has also been an Associate Professor of Finance at University California San Diego, Rady School of Management since 2011. Prior to joining Counterpoint Mutual Funds, LLC, Dr. Engelberg co-founded Counterpoint Asset Management, LLC in 2012. From 2008 to 2011, Dr. Engelberg was an Assistant Professor of Finance at the Kenan-Flagler Business School at the University of North Carolina at Chapel Hill. He earned his Ph.D. in Finance from the Kellogg School of Management at Northwestern University and earned his B.A. in Mathematics and B.S. in Business Administration from the University of Southern California.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 23.47 | 5.89 | 7.85 |