GPARX: GuidePath® Absolute Return Allc Svc

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GPARX GuidePath® Absolute Return Allc Svc

  • Fund
  • GPARX
  • Price as of: Nov 20, 2019
  • $10.72 + $0.00 + 0.03%

GPARX - Profile

Vitals

  • YTD Return 6.7%
  • 3 Yr Annualized Return 3.6%
  • 5 Yr Annualized Return 3.3%
  • Net Assets $307 M
  • Holdings in Top 10 81.0%

52 WEEK LOW AND HIGH

$10.72
$9.97
$10.75

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.11%

SALES FEES

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

BROKERAGE FEES

  • Turnover 146.82%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

N/A

Fund Classification

PRIMARY CATEGORY

  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--15% to 30% Equity

Distributions

  • YTD Total Return 6.7%
  • 3 Yr Annualized Total Return 3.6%
  • 5 Yr Annualized Total Return 3.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.75%
DIVIDENDS
  • Dividend Yield 2.1%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name GuidePath® Absolute Return Allocation Fund
  • Fund Family Name GuidePath
  • Inception Date Apr 29, 2011
  • Shares Outstanding 28578542
  • Share Class S
  • Currency USD
  • Domiciled Country United States
  • Manager Zoë Brunson

Fund Description

The fund operates as a fund of funds, investing primarily in registered mutual funds, including exchange-traded funds ("ETFs"). The funds in which the fund may invest are referred to herein as the "underlying funds." The Advisor believes that investing in underlying funds provides the fund with an efficient means of creating a portfolio that provides investors with indirect exposure to a broad range of securities.

GPARX - Performance

Return Ranking - Trailing

Period GPARX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.7% -11.8% 80.1% 49.55%
1 Yr 6.6% -16.5% 34.4% 54.07%
3 Yr 3.6%* -10.3% 10.7% 18.48%
5 Yr 3.3%* -9.0% 22.1% 13.32%
10 Yr N/A* -5.4% 12.3% N/A

* Annualized


Return Ranking - Calendar

Period GPARX Return Category Return Low Category Return High Rank in Category (%)
2018 -3.8% -53.1% 2.2% 17.09%
2017 2.8% -9.1% 15.4% 72.88%
2016 5.6% -12.3% 219.0% 30.85%
2015 -3.2% -29.9% 14.0% 14.50%
2014 0.7% -22.4% 200.4% 26.33%

Total Return Ranking - Trailing

Period GPARX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.7% -11.8% 80.1% 49.85%
1 Yr 6.6% -16.5% 34.4% 56.93%
3 Yr 3.6%* -10.3% 14.9% 29.71%
5 Yr 3.3%* -7.1% 31.9% 18.18%
10 Yr N/A* -5.4% 21.0% N/A

* Annualized


Total Return Ranking - Calendar

Period GPARX Return Category Return Low Category Return High Rank in Category (%)
2018 -3.8% -53.1% 3.8% 23.00%
2017 4.5% -6.6% 21.6% 68.54%
2016 9.0% -12.3% 242.1% 18.95%
2015 -3.2% -29.9% 22.6% 26.19%
2014 2.9% -22.2% 203.8% 30.68%

NAV & Total Return History

GPARX - Holdings

Concentration Analysis

GPARX Category Low Category High GPARX % Rank
Net Assets 307 M 926 K 14.1 B 41.72%
Number of Holdings 23 5 3572 90.53%
Net Assets in Top 10 246 M -144 M 11.4 B 22.63%
Weighting of Top 10 80.96% 5.6% 1055.7% 32.10%

Top 10 Holdings

  1. Vanguard Mortgage-Backed Secs ETF 16.53%

  2. SPDR® Blmbg Barclays Inv Grd Flt Rt ETF 15.00%

  3. DoubleLine Total Return Bond I 11.95%

  4. BlackRock Low Duration Bond Instl 6.88%

  5. DoubleLine Low Duration Bond I 6.86%

  6. Vanguard High-Yield Corporate Adm 5.87%

  7. iShares JP Morgan USD Em Mkts Bd ETF 4.97%

  8. ProShares Investment Grade—Intr Rt Hdgd 4.48%

  9. Vanguard S&P 500 ETF 4.41%

  10. iShares 1-3 Year Treasury Bond ETF 4.01%


Asset Allocation

Weighting Return Low Return High GPARX % Rank
Bonds
80.10% 80.10% 1025.08% 99.85%
Cash
12.35% -1000.79% 20.55% 5.33%
Stocks
6.53% -61.27% 110.51% 22.93%
Convertible Bonds
0.72% 0.00% 50.87% 28.85%
Other
0.25% -31.37% 67.70% 23.67%
Preferred Stocks
0.04% 0.00% 10.86% 13.61%

Stock Sector Breakdown

Weighting Return Low Return High GPARX % Rank
Technology
1.32% -1.46% 25.53% 32.64%
Financial Services
1.06% -0.26% 16.51% 38.66%
Consumer Cyclical
0.75% -0.20% 23.34% 36.81%
Healthcare
0.74% -1.62% 16.17% 34.72%
Industrials
0.66% -0.16% 27.15% 35.65%
Consumer Defense
0.53% -1.16% 8.02% 34.26%
Energy
0.32% -4.19% 6.08% 40.51%
Basic Materials
0.25% -0.52% 6.18% 37.04%
Utilities
0.23% -0.05% 38.40% 34.49%
Real Estate
0.23% -0.61% 8.32% 33.10%
Communication Services
0.22% -1.88% 6.67% 35.65%

Stock Geographic Breakdown

Weighting Return Low Return High GPARX % Rank
US
4.72% -61.27% 102.46% 21.75%
Non US
1.81% -3.71% 48.86% 21.75%

Bond Sector Breakdown

Weighting Return Low Return High GPARX % Rank
Securitized
35.72% 0.00% 113.77% 6.66%
Corporate
33.54% 0.00% 242.29% 22.63%
Cash & Equivalents
12.36% -999.86% 49.97% 6.36%
Government
11.55% -1.71% 1025.08% 92.16%
Municipal
0.05% 0.00% 74.38% 13.31%
Derivative
-0.01% -167.75% 61.05% 68.64%

Bond Geographic Breakdown

Weighting Return Low Return High GPARX % Rank
US
62.37% -66.44% 1120.91% 28.70%
Non US
17.73% -95.83% 193.82% 82.54%

GPARX - Expenses

Operational Fees

GPARX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.11% 0.17% 290.47% 62.20%
Management Fee 0.35% 0.00% 2.50% 8.92%
12b-1 Fee 0.25% 0.00% 1.00% 40.37%
Administrative Fee 0.25% 0.00% 0.50% 84.26%

Sales Fees

GPARX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.15% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

GPARX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.15% 2.00% N/A

Turnover 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.

GPARX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 146.82% 0.00% 963.00% 76.66%

GPARX - Distributions

Dividend Yield Analysis

GPARX Category Low Category High GPARX % Rank
Dividend Yield 2.12% 0.00% 13.32% 35.65%

Dividend Distribution Analysis

GPARX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Quarterly

Dividend Payout History


Net Income Ratio Analysis

GPARX Category Low Category High GPARX % Rank
Net Income Ratio 2.75% -1.65% 8.90% 47.44%

Capital Gain Distribution Analysis

GPARX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Monthly Annually

GPARX - Managers

Zoë Brunson

Manager

Start Date

Tenure

Tenure Rank

Apr 29, 2011

8.51

8.5%

Ms. Brunson is Senior Vice President of Investment Strategies for AssetMark. Ms. Brunson is Director of Investment Strategies for GFWM, responsible for managing specific areas of the firm’s research, due-diligence and portfolio management functions. Ms. Brunson joined the firm in 2007. Prior to 2007, Ms. Brunson was a Director at Standard & Poor’s where she led the team responsible for manager research and multi-manager portfolios.


Jeremiah H. Chafkin

Manager

Start Date

Tenure

Tenure Rank

Dec 03, 2014

4.91

4.9%

Mr. Chafkin serves as Chief Investment Officer of AssetMark, Inc. Previously, Mr. Chafkin was a portfolio manager and CEO at AlphaSimplex Group, a liquid alternative asset management specialist. He joined AlphaSimplex in 2007 from Natixis Global Asset Management, where he served as President and CEO with responsibility for all of its affiliated managers in the United States and Asia. Prior to Natixis, Mr. Chafkin was with the Charles Schwab Corporation as a member of its Executive Committee. At Schwab, Mr. Chafkin headed the asset management and mutual fund divisions before serving as President of Schwab Advised Investing, overseeing equity research, mutual fund ratings, and all direct advisory services for retail clients. Before Schwab, Mr. Chafkin spent 15 years in senior management roles at Bankers Trust Company, most recently as CEO of Structured Investment Management and previously as COO of U.S. Asset Management, Chairman and President of Japan Bankers Trust Company, and Co-Head of Fixed Income. Mr. Chafkin earned a B.A. in Economics from Yale University and an M.B.A. in Finance from Columbia University.


Gary Cox

Manager

Start Date

Tenure

Tenure Rank

Jul 31, 2015

4.25

4.3%

Mr. Cox is Director of Portfolio Management for AssetMark . Mr. Cox joined the firm in 2008. Previously, Mr. Cox served as a Regional Consultant for AssetMark and as a Member of the Savos (GFAM) Investments. Prior to joining AssetMark, Mr. Cox was a Fixed Income Portfolio Manager at Lehman Brothers since 2003.


Tenure Analysis

Category Low

0.0

Category High

28.85

Category Average

5.75

Category Mode

10.17