OURAX: Mission-Auour Risk-Managed Global Equity Fund - MutualFunds.com

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Mission-Auour Risk-Managed Glbl Eq A

OURAX - Snapshot

Vitals

  • YTD Return 0.4%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $10.5 M
  • Holdings in Top 10 100.0%

52 WEEK LOW AND HIGH

$28.07
$22.46
$28.52

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.26%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 26.35%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA N/A

Fund Classification


Compare OURAX to Popular International Large-Cap Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$57.85

-0.16%

$107.93 B

0.82%

$0.48

22.41%

0.75%

$56.12

-0.13%

$95.00 B

1.30%

$0.73

7.35%

0.77%

$230.23

-0.22%

$20.47 B

-

-

14.51%

0.50%

$87.70

-0.16%

$20.02 B

1.81%

$1.59

8.82%

0.08%

$178.78

-0.21%

$20.02 B

1.81%

$3.25

8.16%

0.08%

OURAX - Profile

Distributions

  • YTD Total Return 0.4%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.70%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Mission-Auour Risk-Managed Global Equity Fund
  • Fund Family Name
    Mission Funds
  • Inception Date
    Feb 15, 1996
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Joseph Hosler

Fund Description

The fund invests in exchange traded funds that invest in domestic and foreign (including emerging markets funds): (i) equity securities of any market capitalization (including common stock, preferred stock, REITs and MLPs, (ii) fixed income securities of any credit quality, duration or maturity, including corporate bonds, high-yield bonds, convertible bonds, treasuries and emerging markets bonds, and (iii) other income producing securities. It invests at least 80% of its net assets, plus the amount of borrowings for investment purposes, in equity securities.


OURAX - Performance

Return Ranking - Trailing

Period OURAX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.4% -26.7% 912.6% 73.95%
1 Yr -1.5% -30.2% 91.7% 69.25%
3 Yr N/A* -9.8% 31.3% 77.40%
5 Yr N/A* -2.6% 28.0% 86.88%
10 Yr N/A* -8.3% 18.0% 79.43%

* Annualized

Return Ranking - Calendar

Period OURAX Return Category Return Low Category Return High Rank in Category (%)
2019 16.9% -38.3% 47.1% 72.75%
2018 -9.7% -54.2% 0.6% 13.92%
2017 12.2% -76.0% 54.1% 81.55%
2016 -3.9% -14.4% 47.8% 90.38%
2015 5.1% -36.4% 17.2% 3.66%

Total Return Ranking - Trailing

Period OURAX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.4% -26.7% 912.6% 73.84%
1 Yr -7.1% -33.3% 91.7% 79.86%
3 Yr N/A* -9.8% 31.3% 73.15%
5 Yr N/A* -2.6% 28.0% 85.34%
10 Yr N/A* -8.3% 18.0% 91.43%

* Annualized

Total Return Ranking - Calendar

Period OURAX Return Category Return Low Category Return High Rank in Category (%)
2019 16.9% -33.1% 47.1% 73.00%
2018 -7.3% -44.4% 1.8% 16.73%
2017 12.7% -6.5% 54.1% 92.24%
2016 -3.9% -14.4% 47.8% 95.67%
2015 5.1% -36.4% 18.6% 7.68%

NAV & Total Return History


OURAX - Holdings

Concentration Analysis

OURAX Category Low Category High OURAX % Rank
Net Assets 10.5 M 165 K 108 B 91.02%
Number of Holdings 8 1 8833 94.97%
Net Assets in Top 10 11.7 M -8.29 M 32.5 B 78.19%
Weighting of Top 10 100.00% 7.7% 100.0% 0.46%

Top 10 Holdings

  1. SPDR® Blmbg Barclays 1-3 Mth T-Bill ETF 39.62%
  2. SPDR® Portfolio S&P 500 ETF 25.17%
  3. SPDR® S&P 500 ETF Trust 7.21%
  4. SPDR® Portfolio Developed Wld ex-US ETF 7.16%
  5. Vanguard FTSE Developed Markets ETF 7.12%
  6. iShares Russell 1000 Growth ETF 5.52%
  7. iShares Russell 1000 Value ETF 5.39%
  8. Federated Hermes Govt Obl IS 2.81%

Asset Allocation

Weighting Return Low Return High OURAX % Rank
Stocks
57.45% 49.51% 119.21% 99.55%
Cash
42.54% -210.51% 50.49% 0.22%
Other
0.01% -0.02% 20.35% 19.24%
Preferred Stocks
0.00% 0.00% 3.77% 51.23%
Convertible Bonds
0.00% 0.00% 6.79% 44.97%
Bonds
0.00% -0.01% 201.38% 47.43%

Stock Sector Breakdown

Weighting Return Low Return High OURAX % Rank
Technology
21.24% 0.00% 51.57% 31.77%
Healthcare
13.87% 0.00% 38.35% 55.48%
Financial Services
13.39% 0.00% 31.98% 50.22%
Consumer Cyclical
11.13% 0.00% 44.58% 52.13%
Industrials
10.35% 0.00% 43.70% 45.30%
Communication Services
9.63% 0.00% 34.24% 46.53%
Consumer Defense
8.05% 0.00% 76.29% 56.04%
Basic Materials
3.79% 0.00% 41.33% 51.34%
Utilities
3.09% 0.00% 27.81% 39.82%
Real Estate
3.05% 0.00% 39.73% 25.84%
Energy
2.42% 0.00% 15.53% 35.91%

Stock Geographic Breakdown

Weighting Return Low Return High OURAX % Rank
US
42.94% 0.10% 101.88% 87.02%
Non US
14.51% 0.67% 99.19% 98.66%

OURAX - Expenses

Operational Fees

OURAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.26% 0.01% 44.27% 13.76%
Management Fee 0.60% 0.00% 1.82% 28.49%
12b-1 Fee 0.25% 0.00% 1.00% 34.07%
Administrative Fee N/A 0.01% 0.76% 84.21%

Sales Fees

OURAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 2.50% 5.75% 16.28%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

OURAX 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.

OURAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 26.35% 0.94% 395.00% 36.97%

OURAX - Distributions

Dividend Yield Analysis

OURAX Category Low Category High OURAX % Rank
Dividend Yield 0.00% 0.00% 7.19% 47.62%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

OURAX Category Low Category High OURAX % Rank
Net Income Ratio 0.70% -1.52% 12.65% 64.07%

Capital Gain Distribution Analysis

OURAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

OURAX - Fund Manager Analysis

Managers

Joseph Hosler


Start Date

Tenure

Tenure Rank

Nov 07, 2017

2.98

3.0%

Joe Hosler co-founded Auour Investments, LLC in 2013. Joe brings 24 years of investment experience serving the needs of large institutional clients. His background includes portfolio management and investment analysis, predominantly focused on domestic and international public companies. Prior to the founding of Auour, Joe led investment activities within various sectors at Pioneer (2010 – 2013), Babson Capital (2003 – 2009), Putnam Investments (2000 – 2003), and Independence Investment Associates (IIA) (1995 – 2000). While at IIA, Joe drove the effort to design, develop, and launch one of the first quantitatively driven tax efficient investment approaches focused on individuals and taxable organizations. Joe holds an MBA from the Darden School of the University of Virginia, as well as, a B.S. and M.S. in Mechanical Engineering from Boston University. He served on the Board of Trustees and as the Treasurer of Glen Urquhart School and volunteered as an advisor at North Shore InnoVentures.

Robert Kuftinec


Start Date

Tenure

Tenure Rank

Nov 07, 2017

2.98

3.0%

Robert Z. Kuftinec. Robert Kuftinec has been with Auour Investments, LLC since 2013. Robert has many years investment experience. He has a background in investing and corporate finance having worked in both investment banking and private equity. Prior to the founding of Auour, Robert was a Managing Director at TransOcean Capital, from 2005 – 2013, where he was responsible for significant foreign equity and real estate investments in the United States. Prior to TransOcean, he was a Managing Director at Overture Capital Partners, from 2001 – 2005, a private equity investment firm focused on the middle market, and, from 1996 – 2001, a Managing Director at Shields & Company, a Boston-based investment bank. Robert has been active on several corporate Boards of Directors including those at the Deutsche Asset Management Small Cap Fund (NYSE), Stronghaven, Inc., and Halcore Inc. He also has been a board member and treasurer at several non-profit organizations. He has an undergraduate degree from Babson College and earned an MBA from the Darden School at the University of Virginia.

Kenneth Doerr


Start Date

Tenure

Tenure Rank

Nov 07, 2017

2.98

3.0%

Ken Doerr co-founded Auour Investments, LLC in 2013. His 27 years of experience includes successfully managing funds with both growth and value mandates, long/short hedge funds, long-only portfolios, quantitative research, and risk modeling. Prior to joining Auour, Ken was a private investor. From 2006 to 2009 he was a Senior Portfolio Manager Mid/Mid-Cap Growth and Head of Quantitative Research for Evergreen Investments Fundamental Equity Group. From 2005 through 2006, Ken was Founding Partner, Chief Investment Officer of Trilene Endeavour Partners, a newly-organized firm offering a Market Neutral U.S. Equity Hedge Fund. Ken was a Portfolio Manager at 2100 Capital Group in 2004, a subsidiary of Marsh & McLennan, managing the 2100 Capital Endeavour Fund, a market neutral equity hedge fund. From 2000 through 2003, Ken was a Senior Vice President and Portfolio Manager at Putnam Investments where he managed a $1 billion dollar sub-account of the Mid-Cap Putnam Vista Fund, a growth fund, and a $3.5 billion sub-account of the Specialty Growth Putnam New Opportunities Fund. Ken served as a member of the portfolio team at Equinox Capital Management that managed a $4.5 billion dollar sub-advisor account of Vanguard Windsor II, a large cap-value oriented fund. He was the portfolio manager for the Equinox Mid-Cap Value Fund. Before joining Equinox, Ken was a Senior Quantitative Analyst at Sanford C. Bernstein. He earned an M.S. in Electrical Engineering from Brown University and a B.E. in Electrical Engineering from the Cooper Union.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 35.41 5.98 0.83