CMG Mauldin Core I
Name
As of 03/01/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
2.4%
1 yr return
-17.0%
3 Yr Avg Return
-8.1%
5 Yr Avg Return
-4.8%
Net Assets
$25.7 M
Holdings in Top 10
80.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.88%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 437.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$15,000
IRA
$15,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/01/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
GEFIX - Profile
Distributions
- YTD Total Return 2.4%
- 3 Yr Annualized Total Return -8.1%
- 5 Yr Annualized Total Return -4.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.09%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameCMG Mauldin Core Fund
-
Fund Family NameCMG
-
Inception DateMay 15, 2013
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJohn Mauldin
Fund Description
The Fund invests across various asset classes and sectors of the US, foreign and emerging markets equity, fixed income and commodities markets. The Funds principal investment objective is capital appreciation. The Funds adviser, CMG Capital Management Group (the Adviser), executes the Funds investment strategy. The Adviser evaluates market data and information from various research providers to invest the Funds assets creating a flexible tactical asset allocation portfolio that shifts between various asset classes depending on fundamental macroeconomic and technical market conditions. The Adviser evaluates fundamental macroeconomic analysis such as (but not limited to) economic growth, unemployment, inflation as well as consideration of monetary or fiscal policy to identify securities with favorable prospects for capital appreciation. For value investing, the Adviser considers fundamental macroeconomic analysis to determine which asset classes are overvalued or undervalued and seeks to generate returns by capitalizing on temporary differences in relative prices of broad asset classes as well as regional and sector exposure. In pursuing momentum-based investing, the Adviser seeks to take advantage of trends in market prices. Momentum investing seeks to take advantage of upward trends or downwards trends in an asset class, region, sector, industry or security.
The Adviser seeks to achieve the Funds investment objective by investing in US, foreign and emerging markets equities of any capitalization during sustained equity market rallies and investing defensively in US Treasury securities and other fixed income securities during periods of weakness in equity markets. The Fund considers emerging market issuers to be those countries represented in the MSCI Emerging Markets Index. The Fund may also invest in commodities markets regardless of market conditions in seeking to deliver positive returns that are generally not correlated to those of equities and fixed income securities. The Fund may have commodities investment exposure to diversified commodities, metals, energy and agriculture. The fixed income securities in which the Fund invests are US government securities and investment grade and non-investment grade (junk bonds) US, foreign and emerging market corporate debt of any maturity. The Fund achieves its equity, fixed income and commodities market exposures principally through investing in exchange-traded funds (ETFs), open-end funds and closed-end funds (Underlying Funds). During periods of equity market weakness, the Fund may hold significant investments in US Treasury securities and money market funds. While the Fund will normally hold a mix of equity Underlying Funds, commodities Underlying Funds and fixed income Underlying Funds, it is possible that the Fund, from time to time, may solely invest in either equity or fixed income Underlying Funds.
To determine equity market strength and the allocation of the Funds assets between equities and fixed income, the Adviser analyzes and evaluates the research data and market reports of multiple research providers selected by the Adviser. These reports and data include tactical research that focuses on specific asset classes, sectors, investment styles and other market exposures. The adviser may engage in frequent buying and selling of securities in seeking to achieve the Funds investment objective.
GEFIX - Performance
Return Ranking - Trailing
Period | GEFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.4% | -23.1% | 13.0% | 38.34% |
1 Yr | -17.0% | -35.8% | 24.9% | 84.06% |
3 Yr | -8.1%* | -18.8% | 16.5% | 94.89% |
5 Yr | -4.8%* | -14.6% | 12.6% | 82.86% |
10 Yr | N/A* | -9.0% | 4.1% | N/A |
* Annualized
Return Ranking - Calendar
Period | GEFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -23.1% | -48.5% | 15.7% | 86.29% |
2022 | -2.9% | -10.0% | 21.8% | 82.16% |
2021 | 1.0% | -5.8% | 15.2% | 70.61% |
2020 | 1.9% | -7.6% | 6.4% | 69.82% |
2019 | -1.1% | -6.8% | 8.1% | 20.29% |
Total Return Ranking - Trailing
Period | GEFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.4% | -29.8% | 13.0% | 38.34% |
1 Yr | -17.0% | -35.8% | 24.9% | 84.06% |
3 Yr | -8.1%* | -18.8% | 16.5% | 94.89% |
5 Yr | -4.7%* | -14.6% | 12.6% | 86.19% |
10 Yr | N/A* | -9.0% | 6.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | GEFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -23.1% | -48.5% | 15.7% | 86.69% |
2022 | -2.9% | -10.0% | 21.8% | 81.74% |
2021 | 1.0% | -5.8% | 15.2% | 70.61% |
2020 | 1.9% | -6.8% | 6.4% | 69.82% |
2019 | -1.0% | -6.8% | 11.4% | 18.84% |
NAV & Total Return History
GEFIX - Holdings
Concentration Analysis
GEFIX | Category Low | Category High | GEFIX % Rank | |
---|---|---|---|---|
Net Assets | 25.7 M | 1.96 M | 15.7 B | 89.37% |
Number of Holdings | 26 | 2 | 3255 | 61.81% |
Net Assets in Top 10 | 22.8 M | 349 K | 12.1 B | 81.10% |
Weighting of Top 10 | 80.40% | 22.2% | 100.0% | 40.71% |
Top 10 Holdings
- Sprott Physical Gold Trust 6.31%
Asset Allocation
Weighting | Return Low | Return High | GEFIX % Rank | |
---|---|---|---|---|
Stocks | 52.03% | 0.00% | 238.38% | 40.55% |
Bonds | 27.66% | 0.00% | 106.59% | 51.57% |
Cash | 9.86% | -65.52% | 88.88% | 46.46% |
Other | 8.34% | -72.87% | 73.78% | 24.41% |
Convertible Bonds | 2.10% | 0.00% | 8.92% | 2.36% |
Preferred Stocks | 0.00% | 0.00% | 6.21% | 44.09% |
Stock Sector Breakdown
Weighting | Return Low | Return High | GEFIX % Rank | |
---|---|---|---|---|
Utilities | 31.29% | 0.00% | 91.12% | 0.94% |
Technology | 17.26% | 0.00% | 85.77% | 45.28% |
Financial Services | 9.96% | 0.00% | 98.22% | 60.38% |
Healthcare | 8.74% | 0.00% | 38.63% | 72.64% |
Consumer Cyclical | 8.24% | 0.00% | 25.83% | 51.89% |
Industrials | 6.58% | 0.00% | 23.85% | 71.70% |
Consumer Defense | 5.49% | 0.00% | 37.51% | 59.91% |
Communication Services | 5.38% | 0.00% | 21.61% | 54.25% |
Energy | 2.72% | 0.00% | 60.89% | 77.36% |
Basic Materials | 2.20% | 0.00% | 56.73% | 75.00% |
Real Estate | 2.14% | 0.00% | 99.45% | 63.21% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | GEFIX % Rank | |
---|---|---|---|---|
US | 50.22% | -1.19% | 235.84% | 30.31% |
Non US | 1.81% | -6.82% | 98.11% | 55.12% |
Bond Sector Breakdown
Weighting | Return Low | Return High | GEFIX % Rank | |
---|---|---|---|---|
Government | 39.66% | 0.00% | 99.78% | 34.25% |
Corporate | 27.68% | 0.00% | 98.28% | 18.50% |
Cash & Equivalents | 23.56% | 0.22% | 100.00% | 64.57% |
Derivative | 8.41% | 0.00% | 71.81% | 17.32% |
Securitized | 0.70% | 0.00% | 52.99% | 38.98% |
Municipal | 0.00% | 0.00% | 19.13% | 50.79% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | GEFIX % Rank | |
---|---|---|---|---|
US | 22.87% | -17.22% | 99.80% | 43.70% |
Non US | 4.79% | -2.67% | 63.37% | 45.67% |
GEFIX - Expenses
Operational Fees
GEFIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.88% | 0.44% | 3.72% | 29.64% |
Management Fee | 1.05% | 0.00% | 1.50% | 87.80% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 8.38% |
Administrative Fee | N/A | 0.05% | 0.70% | 34.52% |
Sales Fees
GEFIX 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% | 1.00% | N/A |
Trading Fees
GEFIX 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.
GEFIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 437.00% | 0.00% | 441.00% | 97.52% |
GEFIX - Distributions
Dividend Yield Analysis
GEFIX | Category Low | Category High | GEFIX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 37.53% | 58.10% |
Dividend Distribution Analysis
GEFIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Monthly | Quarterly |
Net Income Ratio Analysis
GEFIX | Category Low | Category High | GEFIX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.09% | -2.12% | 13.72% | 63.05% |
Capital Gain Distribution Analysis
GEFIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 23, 2019 | $0.184 | OrdinaryDividend |
Dec 22, 2015 | $0.072 | OrdinaryDividend |
GEFIX - Fund Manager Analysis
Managers
John Mauldin
Start Date
Tenure
Tenure Rank
Mar 10, 2017
5.23
5.2%
John Mauldin joined CMG Capital Management Group, Inc. in 2018 and serves as Chief Economist of the Advisor and co-portfolio manager of the Mauldin Smart Core Strategy. Mr. Mauldin is a noted financial expert, a New York Times best-selling author, a pioneering online commentator and the publisher of one of the first publications to provide investors with free, unbiased investment information and guidance – Thoughts from the Frontline.
Stephen Blumenthal
Start Date
Tenure
Tenure Rank
Mar 10, 2017
5.23
5.2%
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 |
---|---|---|---|
0.08 | 33.83 | 6.64 | 13.0 |