North Capital Treasury Money Market Fund
- NCGXX
- Price as of: Mar 05, 2021
-
$1.00
N/A N/A
- Primary Theme
- Taxable Money Market
- Fund Company
- North Capital
- Share Class
NCGXX - Snapshot
Vitals
- YTD Return 0.0%
- 3 Yr Annualized Return N/A
- 5 Yr Annualized Return N/A
- Net Assets $136 K
- Holdings in Top 10 100.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio N/A
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover N/A
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $0
- IRA N/A
Fund Classification
-
Primary Theme
Taxable Money Market
- Fund Type Money Market Fund
- Investment Style Money Market-Taxable
NCGXX - Profile
Distributions
- YTD Total Return 0.0%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.19%
- Dividend Yield 0.2%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameNorth Capital Treasury Money Market Fund
-
Fund Family NameNorth Capital
-
Inception DateJul 17, 2019
-
Shares Outstanding135561
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJames Dowd
Fund Description
As a government money market fund, the fund values its securities using the amortized cost method. It seeks to maintain a stable net asset value ("NAV") of $1.00 per share. Under normal circumstances, the fund will invest at least 80% of its assets in securities issued or guaranteed by the U.S. Treasury and/or repurchase agreements that are fully collateralized by securities issued or guaranteed by the U.S. Treasury. It will notify shareholders at least 60 days in advance of any change in this investment policy.
NCGXX - Performance
Return Ranking - Trailing
Period | NCGXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.0% | 0.0% | 0.0% | 19.19% |
1 Yr | 0.2% | 0.0% | 1.7% | 4.96% |
3 Yr | N/A* | 0.0% | 1.6% | N/A |
5 Yr | N/A* | 0.0% | 1.3% | N/A |
10 Yr | N/A* | 0.0% | 0.7% | N/A |
* Annualized
Return Ranking - Calendar
Period | NCGXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 0.0% | 0.0% | 0.4% | 41.26% |
2019 | N/A | 0.0% | 2.0% | N/A |
2018 | N/A | 0.0% | 1.5% | N/A |
2017 | N/A | 0.0% | 0.5% | N/A |
2016 | N/A | 0.0% | 0.1% | N/A |
Total Return Ranking - Trailing
Period | NCGXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.0% | 0.0% | 0.0% | 19.19% |
1 Yr | 0.2% | -5.7% | 0.7% | 4.60% |
3 Yr | N/A* | -1.6% | 1.6% | N/A |
5 Yr | N/A* | -1.0% | 1.3% | N/A |
10 Yr | N/A* | -0.5% | 0.7% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | NCGXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 0.0% | 0.0% | 0.4% | 41.26% |
2019 | N/A | 0.0% | 2.0% | N/A |
2018 | N/A | 0.0% | 1.5% | N/A |
2017 | N/A | 0.0% | 0.5% | N/A |
2016 | N/A | 0.0% | 0.1% | N/A |
NAV & Total Return History
NCGXX - Holdings
Concentration Analysis
NCGXX | Category Low | Category High | NCGXX % Rank | |
---|---|---|---|---|
Net Assets | 136 K | 136 K | 222 B | 100.00% |
Number of Holdings | 9 | 1 | 448 | 92.66% |
Net Assets in Top 10 | 148 K | 148 K | 79.2 B | 100.00% |
Weighting of Top 10 | 100.00% | 14.4% | 100.0% | 3.24% |
Top 10 Holdings
- United States Treasury Bills 0% 47.24%
- United States Treasury Bills 0% 44.56%
- United States Treasury Bills 44.37%
- United States Treasury Bills 41.86%
- United States Treasury Bills 0% 35.72%
- United States Treasury Bills 0% 33.70%
- United States Treasury Bills 0% 12.13%
- United States Treasury Bills 0% 6.24%
- United States Treasury Bills 5.86%
- United States Treasury Bills 5.86%
Asset Allocation
Weighting | Return Low | Return High | NCGXX % Rank | |
---|---|---|---|---|
Cash | 100.00% | 32.10% | 100.00% | 4.10% |
Stocks | 0.00% | 0.00% | 0.00% | 39.25% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 37.20% |
Other | 0.00% | -7.14% | 0.00% | 37.03% |
Convertible Bonds | 0.00% | 0.00% | 8.59% | 47.78% |
Bonds | 0.00% | 0.00% | 67.90% | 92.83% |
NCGXX - Expenses
Operational Fees
NCGXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | N/A | 0.08% | 41.79% | N/A |
Management Fee | 0.25% | 0.00% | 0.50% | 75.77% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 12.12% |
Administrative Fee | N/A | 0.00% | 0.55% | N/A |
Sales Fees
NCGXX 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
NCGXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 5.00% | 5.00% | 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.
NCGXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 235.00% | N/A |
NCGXX - Distributions
Dividend Yield Analysis
NCGXX | Category Low | Category High | NCGXX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.15% | 0.00% | 0.28% | 1.71% |
Dividend Distribution Analysis
NCGXX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
NCGXX | Category Low | Category High | NCGXX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.19% | -0.77% | 2.26% | 39.93% |
Capital Gain Distribution Analysis
NCGXX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Dividend Payout History
Date | Amount |
---|---|
Jun 01, 2020 | $0.000 |
May 01, 2020 | $0.001 |
Apr 01, 2020 | $0.001 |
Mar 02, 2020 | $0.001 |
Feb 03, 2020 | $0.001 |
Jan 02, 2020 | $0.001 |
Dec 02, 2019 | $0.001 |
Nov 01, 2019 | $0.001 |
Oct 01, 2019 | $0.001 |
Sep 02, 2019 | $0.001 |
Aug 01, 2019 | $0.000 |
NCGXX - Fund Manager Analysis
Managers
James Dowd
Start Date
Tenure
Tenure Rank
Jul 17, 2019
1.62
1.6%
James P. Dowd is founder, CEO and Chief Compliance Officer of North Capital Private Securities Corporation (“NCPS”), a registered broker-dealer focused on origination, placement, and clearing of exempt securities (2011—present) and CEO and Chief Investment Officer of the Adviser (2008—present). Prior to forming the Adviser, Mr. Dowd, who has 33 years of experience in the global financial markets, including over twenty one years as a portfolio manager, was a Senior Managing Director and Head of the Hedge Fund Advisory and Fund of Funds business at Bear Stearns. At Bear, he led the portfolio management team in advising clients and allocating capital to non-affiliate hedge funds. Mr. Dowd is a CFA charter holder and is a Certified Public Accountant registered with the State of Illinois. He is a registered principal with NCPS and has passed the Financial Industry Regulatory Authority (“FINRA”) Series 3, 7, 24, 57, 63, 65 and 79 exams. Before Bear, Mr. Dowd managed the Lodgepole Fund, a multi-strategy arbitrage fund, and was a proprietary trader with Tokai Asia Limited (Hong Kong), a subsidiary of Tokai Bank Group, where he was responsible for arbitrage strategies. He also spent nine years with Bankers Trust in New York, London and Tokyo where he was Managing Director and Head of Derivatives Trading for Asia, Branch Manager of BT Asia Securities Ltd. Tokyo, and a Partner of Bankers Trust. Mr. Dowd began his career with Samuel Montagu Capital Markets Inc., a boutique investment bank.
Michael Weaver
Start Date
Tenure
Tenure Rank
Jul 17, 2019
1.62
1.6%
Michael Weaver is a Director-Principal at NCPS and at the Adviser (2015—present). He has over 10 years of experience in financial markets. Mr. Weaver has passed the FINRA Series 3, 7, 24, 57TO, 63 and 65 exams and is registered with FINRA. Mr. Weaver started his career in financial services in 2004 as an Analyst in the Fixed-Income Sales & Trading (“S&T”) Program at Banc of America Securities (“BAS”). At BAS, Mr. Weaver worked as an analyst, structuring Collateralized Debt Obligations and Collateralized Loan Obligations. Mr. Weaver was promoted to Associate in the Central Funding Group as BAS with specific responsibility for trading Agency Specials, Strips, TIPS, Off-the-run Treasuries and the on the run 30 year UST bonds in repo. Mr. Weaver also has experience as a Summer Analyst in Investment Banking at Goldman Sachs, a Summer Associate in S&T at Deutsche Bank and was an Intern at MKP Capital Management in 2014. Mr. Weaver is a CFA charter holder.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.38 | 45.43 | 14.48 | 11.84 |