NUXIX: Rational NuWave Enhanced Market Opportunity Fund - MutualFunds.com

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Rational NuWave Enhanced Mkt Opp Instl

NUXIX - Snapshot

Vitals

  • YTD Return -45.1%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $14 M
  • Holdings in Top 10 46.7%

52 WEEK LOW AND HIGH

$8.93
$8.74
$18.22

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.34%

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) $1,000
  • IRA N/A

Fund Classification


Compare NUXIX to Popular U.S. Growth/Balanced Allocation Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$23.41

+1.17%

$105.11 B

2.85%

$0.66

0.73%

-

$40.01

+1.21%

$16.13 B

1.89%

$0.75

10.71%

-

$17.20

+1.24%

$10.80 B

1.66%

$0.28

11.04%

-

$16.21

+1.25%

$9.86 B

1.86%

$0.30

13.28%

-

$54.84

+1.37%

$6.45 B

2.01%

$1.09

11.90%

-

NUXIX - Profile

Distributions

  • YTD Total Return -45.1%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.22%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Rational NuWave Enhanced Market Opportunity Fund
  • Fund Family Name
    Rational Funds
  • Inception Date
    Feb 28, 2018
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Troy Buckner

Fund Description

The fund invests in a portfolio of equity securities in combination with long and short positions in commodities and financial futures. Its investments in the Futures Component will result in economic leverage, which means the sum of the fund’s investment exposures through the Futures Component may significantly exceed the amount of assets invested in the Futures Component, although these exposures may vary over time. The fund is non-diversified.


NUXIX - Performance

Return Ranking - Trailing

Period NUXIX Return Category Return Low Category Return High Rank in Category (%)
YTD -45.1% -45.6% 24.6% 99.33%
1 Yr -33.8% -34.5% 27.2% 99.34%
3 Yr N/A* -12.8% 13.4% N/A
5 Yr N/A* -2.1% 12.3% N/A
10 Yr N/A* 3.5% 11.2% N/A

* Annualized

Return Ranking - Calendar

Period NUXIX Return Category Return Low Category Return High Rank in Category (%)
2019 9.3% 1.1% 24.7% 90.14%
2018 N/A -30.8% -3.9% N/A
2017 N/A -4.4% 18.6% N/A
2016 N/A -7.8% 13.8% N/A
2015 N/A -20.0% -1.0% N/A

Total Return Ranking - Trailing

Period NUXIX Return Category Return Low Category Return High Rank in Category (%)
YTD -45.1% -45.6% 24.6% 99.33%
1 Yr -33.8% -37.8% 27.2% 99.34%
3 Yr N/A* -12.8% 13.4% N/A
5 Yr N/A* -2.5% 12.3% N/A
10 Yr N/A* 3.5% 11.2% N/A

* Annualized

Total Return Ranking - Calendar

Period NUXIX Return Category Return Low Category Return High Rank in Category (%)
2019 9.3% 1.1% 25.0% 90.14%
2018 N/A -27.2% -2.5% N/A
2017 N/A -4.4% 22.8% N/A
2016 N/A -7.8% 22.5% N/A
2015 N/A -20.0% 7.6% N/A

NAV & Total Return History


NUXIX - Holdings

Concentration Analysis

NUXIX Category Low Category High NUXIX % Rank
Net Assets 14 M 824 K 105 B 96.17%
Number of Holdings 548 4 19962 16.35%
Net Assets in Top 10 6.85 M 758 K 28.6 B 96.47%
Weighting of Top 10 46.65% 12.5% 100.0% 72.14%

Top 10 Holdings

  1. First American Government Obligs U 32.02%
  2. Rnu Fund Ltd 9.90%
  3. Rnu Fund Ltd 9.90%
  4. Rnu Fund Ltd 9.90%
  5. Rnu Fund Ltd 9.90%
  6. Rnu Fund Ltd 9.90%
  7. Rnu Fund Ltd 9.90%
  8. Rnu Fund Ltd 9.90%
  9. Rnu Fund Ltd 9.90%
  10. Rnu Fund Ltd 9.90%

Asset Allocation

Weighting Return Low Return High NUXIX % Rank
Stocks
49.62% 30.35% 98.16% 98.72%
Cash
43.20% -10.26% 48.48% 0.96%
Other
7.18% -1.75% 15.60% 2.88%
Preferred Stocks
0.00% 0.00% 13.57% 96.47%
Convertible Bonds
0.00% 0.00% 26.83% 96.47%
Bonds
0.00% 0.00% 56.61% 99.04%

Stock Sector Breakdown

Weighting Return Low Return High NUXIX % Rank
Healthcare
18.75% 0.00% 36.13% 4.49%
Technology
17.65% 0.00% 50.43% 71.79%
Financial Services
13.03% 0.00% 47.45% 52.88%
Industrials
8.94% 0.00% 28.43% 79.17%
Energy
8.66% 0.00% 23.25% 2.24%
Consumer Cyclical
7.68% 0.00% 59.01% 88.46%
Real Estate
6.66% 0.00% 66.67% 22.76%
Utilities
6.53% 0.00% 19.98% 11.54%
Communication Services
5.39% 0.00% 20.22% 88.14%
Consumer Defense
4.10% 0.00% 17.97% 94.23%
Basic Materials
2.61% 0.00% 18.42% 85.90%

Stock Geographic Breakdown

Weighting Return Low Return High NUXIX % Rank
US
47.07% 18.80% 86.81% 82.37%
Non US
2.55% 0.00% 43.47% 92.95%

NUXIX - Expenses

Operational Fees

NUXIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.34% 0.01% 3.97% 4.07%
Management Fee 1.75% 0.00% 1.75% 99.68%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.28% N/A

Sales Fees

NUXIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

NUXIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

NUXIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 442.00% 98.66%

NUXIX - Distributions

Dividend Yield Analysis

NUXIX Category Low Category High NUXIX % Rank
Dividend Yield 0.00% 0.00% 9.25% 71.88%

Dividend Distribution Analysis

NUXIX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Quarterly

Net Income Ratio Analysis

NUXIX Category Low Category High NUXIX % Rank
Net Income Ratio -0.22% -1.20% 6.49% 99.01%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

NUXIX - Fund Manager Analysis

Managers

Troy Buckner


Start Date

Tenure

Tenure Rank

Feb 28, 2018

2.67

2.7%

Troy W. Buckner is the Founder and Managing Principal of NuWave Investment Management, LLC (“NuWave”). Mr. Buckner founded NuWave in 2000 and has for more than a decade directly overseen the firm’s investment activities. Mr. Buckner’s primary responsibilities include the strategic management of the firm, as well as serving as Co-Head of Research and Chairman of NuWave’s Management and Risk Committees. As the primary architect of NuWave’s investment style, Mr. Buckner remains intimately involved in the firm’s ongoing research efforts, as well as playing an active role in the design and implementation of NuWave’s proprietary modeling platform and trade execution infrastructure. Mr. Buckner’s extensive market experience is complemented years of experience developing innovative investment methods. Prior to founding NuWave, Mr. Buckner had significant experience in the investment industry, having begun his career as an equities derivatives and portfolio sales specialist at Salomon Brothers, Inc. (1986 – 1989) before developing futures and equity based trading strategies at such firms as George E. Warren Corporation (1989-1991), Classic Capital (1994 – 1995) and Hyman Beck & Company (1995 - 2000). Mr. Buckner graduated Magna Cum Laude from the University of Delaware with a double major (finance/accounting) and a minor (economics) before earning his M.B.A from the University of Chicago.

Yury Orlov


Start Date

Tenure

Tenure Rank

May 01, 2019

1.5

1.5%

Mr. Orlov, Head of Research and a Principal of NuWave Investment Management, LLC . Dr. Orlov is directly responsible for the firm’s research and development efforts, including the design and implementation of NuWave’s proprietary modeling platform and trade execution infrastructure, as well as the managerial oversight of the firm’s team of research professionals. Prior to joining the NuWave in 2003, Dr. Orlov was a consultant to the Sub-Advisor commencing in 2000, and served as a Research Scientist at the Nuclear Physics Institute, Moscow State University (1986-2003). Dr. Orlov received a Master’s Degree in Physics and a PhD in Pattern Recognition for Data Analysis and Time Series Segmentation from Moscow State University.

Thomas Braddock


Start Date

Tenure

Tenure Rank

May 01, 2019

1.5

1.5%

Mr. Braddock, Managing Director and Head Trader of NuWave Investment Management, LLC. Mr. Braddock is responsible for directing all aspects of the firm’s futures execution and clearing efforts across both managed account and fund offerings. Prior to joining the firm in 2002, Mr. Braddock had significant experience in servicing the global execution and clearing needs of a number of leading commodity trading advisors, having directly supervised and/or engineered a variety of futures execution strategies while effectively implementing same day and T+1 trade reconciliation procedures at such firms as Dean Witter Reynolds (1992-1997), Hyman Beck & Company (1997-2000) and Salomon Smith Barney (2000-2002). Mr. Braddock received a B.A. from Western New England College with a major in Business Management.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 39.86 6.42 0.83
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