GAVAX: KL Allocation Advisor

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GAVAX KL Allocation Advisor


Profile

GAVAX - Profile

Vitals

  • YTD Return 3.4%
  • 3 Yr Annualized Return -1.1%
  • 5 Yr Annualized Return -1.1%
  • Net Assets $134 M
  • Holdings in Top 10 56.7%

52 WEEK LOW AND HIGH

$13.46
$12.84
$13.99

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.45%

SALES FEES

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

BROKERAGE FEES

  • Turnover 212.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Distributions

  • YTD Total Return 3.4%
  • 3 Yr Annualized Total Return -0.1%
  • 5 Yr Annualized Total Return 1.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.80%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    KL Allocation Fund
  • Fund Family Name
    Knowledge Leaders Capital
  • Inception Date
    Sep 30, 2010
  • Shares Outstanding
    N/A
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Steven Vannelli

Fund Description

The fund employs an allocation strategy by investing in three asset classes: equity, fixed income and cash or cash equivalents. It may invest in securities of U.S. and foreign issuers. The fund's investments in securities of foreign issuers will represent between 40% and 100% of the fund's portfolio. It also invests in ETFs that primarily invest in fixed income securities and in alternative ETFs that invest in government, municipal, corporate and mortgage-related fixed income securities.


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Categories

Performance

GAVAX - Performance

Return Ranking - Trailing

Period GAVAX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.4% -11.4% 4.1% 2.48%
1 Yr 4.3% -16.3% 17.4% 67.19%
3 Yr -1.1%* -10.2% 10.2% 86.61%
5 Yr -1.1%* -10.9% 6.0% 71.80%
10 Yr N/A* -2.2% 7.1% N/A

* Annualized

Return Ranking - Calendar

Period GAVAX Return Category Return Low Category Return High Rank in Category (%)
2019 5.9% -7.3% 25.8% 88.04%
2018 -18.0% -32.7% 0.0% 89.71%
2017 12.4% -3.7% 29.4% 14.35%
2016 -2.5% -43.7% 16.1% 93.76%
2015 0.4% -19.5% 1.0% 1.05%

Total Return Ranking - Trailing

Period GAVAX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.4% -11.4% 4.1% 2.48%
1 Yr 4.3% -16.3% 17.4% 67.19%
3 Yr -0.1%* -10.2% 11.2% 89.06%
5 Yr 1.2%* -10.9% 7.2% 74.41%
10 Yr N/A* -2.2% 11.0% N/A

* Annualized

Total Return Ranking - Calendar

Period GAVAX Return Category Return Low Category Return High Rank in Category (%)
2019 5.9% -7.3% 25.8% 88.04%
2018 -18.0% -32.7% 0.0% 95.47%
2017 15.9% -3.7% 29.4% 22.55%
2016 0.8% -43.7% 20.7% 92.09%
2015 5.9% -19.5% 6.2% 0.53%

NAV & Total Return History


Holdings

GAVAX - Holdings

Concentration Analysis

GAVAX Category Low Category High GAVAX % Rank
Net Assets 134 M 1.73 M 115 B 78.48%
Number of Holdings 52 52 4592 99.81%
Net Assets in Top 10 76.1 M 202 K 21.2 B 62.43%
Weighting of Top 10 56.74% 5.1% 88.3% 8.84%

Top 10 Holdings

  1. SPDR® Portfolio Long Term Treasury ETF 9.93%
  2. iShares 20+ Year Treasury Bond ETF 9.26%
  3. iShares 7-10 Year Treasury Bond ETF 6.52%
  4. iShares $ Treasury Bd 20+y ETF USD Dist 6.19%
  5. iShares $ Treasury Bd 7-10yr ETFUSD Dist 6.15%
  6. Schwab US TIPS ETF™ 5.36%
  7. Sprott Physical Gold Trust 4.70%
  8. Schwab Intermediate-Term US Trs ETF™ 4.39%
  9. iShares $ Treasury Bd 1-3y ETF USD Dist 2.24%
  10. Chugai Pharmaceutical Co Ltd 1.99%

Asset Allocation

Weighting Return Low Return High GAVAX % Rank
Bonds
49.96% 19.71% 131.51% 13.09%
Stocks
40.52% 22.67% 80.06% 79.13%
Cash
10.31% -77.88% 50.88% 19.54%
Preferred Stocks
0.00% 0.00% 21.57% 83.30%
Convertible Bonds
0.00% 0.00% 13.83% 91.84%
Other
-0.79% -2.50% 62.73% 98.48%

Stock Sector Breakdown

Weighting Return Low Return High GAVAX % Rank
Healthcare
38.81% 0.00% 38.81% 0.19%
Industrials
21.62% 0.22% 21.62% 0.19%
Technology
13.81% 0.00% 33.84% 45.21%
Basic Materials
9.81% 0.00% 15.69% 6.32%
Consumer Defense
6.75% 0.00% 33.90% 60.54%
Consumer Cyclical
5.69% 0.00% 28.06% 70.31%
Communication Services
3.51% 0.00% 28.30% 72.99%
Utilities
0.00% -0.17% 28.59% 97.32%
Real Estate
0.00% 0.00% 84.89% 99.62%
Financial Services
0.00% 0.00% 41.89% 97.89%
Energy
0.00% -0.17% 41.94% 98.66%

Stock Geographic Breakdown

Weighting Return Low Return High GAVAX % Rank
Non US
35.55% 1.79% 56.89% 7.40%
US
4.97% -0.12% 61.27% 95.64%

Bond Sector Breakdown

Weighting Return Low Return High GAVAX % Rank
Government
82.90% 0.00% 100.00% 2.28%
Cash & Equivalents
17.10% -20.20% 67.01% 40.23%
Derivative
0.00% -4.16% 44.33% 72.11%
Securitized
0.00% 0.00% 64.61% 89.75%
Corporate
0.00% 0.00% 98.27% 96.77%
Municipal
0.00% 0.00% 21.30% 70.02%

Bond Geographic Breakdown

Weighting Return Low Return High GAVAX % Rank
US
49.96% -0.30% 83.96% 1.52%
Non US
0.00% -56.41% 47.55% 95.07%

Expenses

GAVAX - Expenses

Operational Fees

GAVAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.45% 0.07% 26.19% 34.55%
Management Fee 0.90% 0.00% 1.95% 89.58%
12b-1 Fee 0.25% 0.00% 1.00% 36.14%
Administrative Fee 0.10% 0.01% 0.40% 74.73%

Sales Fees

GAVAX 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% 5.50% N/A

Trading Fees

GAVAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 64.29%

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.

GAVAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 212.00% 14.00% 347.00% 95.21%

Distributions

GAVAX - Distributions

Dividend Yield Analysis

GAVAX Category Low Category High GAVAX % Rank
Dividend Yield 0.00% 0.00% 3.23% 81.44%

Dividend Distribution Analysis

GAVAX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Quarterly Monthly Quarterly

Net Income Ratio Analysis

GAVAX Category Low Category High GAVAX % Rank
Net Income Ratio 0.80% -0.35% 6.29% 92.90%

Capital Gain Distribution Analysis

GAVAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

GAVAX - Fund Manager Analysis

Managers

Steven Vannelli


Start Date

Tenure

Tenure Rank

Sep 30, 2010

9.34

9.3%

Steven C. Vannelli, CFA, has served as Managing Director and Chief Investment Officer of Knowledge Leaders Capital, LLC since 2005 and is responsible for asset allocation and security selection decisions. He also manages the investment team, supervises operations and business development, frequently meets with clients, and writes and speaks in various venues. From 1995 to 2005, Mr. Vannelli worked for Alexander Capital Management Group, a money management firm, as Head of Equities. He has over 22 years of portfolio management experience. Mr. Vannelli graduated from the University of Denver in 1995 and earned his CFA designation in 1999. He is currently a member of the Colorado Society of Security Analysts

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 28.1 6.21 0.61