SGI Peak Growth Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
5.3%
1 yr return
18.7%
3 Yr Avg Return
4.1%
5 Yr Avg Return
N/A
Net Assets
$19.4 M
Holdings in Top 10
100.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.32%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 178.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
SGPKX - Profile
Distributions
- YTD Total Return 5.3%
- 3 Yr Annualized Total Return 4.1%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -1.17%
- Dividend Yield 0.1%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameSGI Peak Growth Fund
-
Fund Family NameSummit Global Investments
-
Inception DateJun 08, 2020
-
Shares Outstanding1346689
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDavid Harden
Fund Description
The Fund invests in securities of affiliated and unaffiliated open-end mutual funds and exchange-traded funds (“ETFs”) (collectively, “Underlying Funds”). The Fund may allocate assets across six categories of Underlying Funds: domestic equities, foreign equities (including emerging markets securities), domestic investment-grade bonds, domestic high yield bonds (also known as “junk bonds”), foreign investment-grade and high yield bonds, and money market funds.
Under normal circumstances, the Fund will invest primarily in Underlying Funds focusing on domestic equities and large capitalization foreign equities, a lesser amount in Underlying Funds focused on small and mid-capitalization foreign equities and emerging markets, and a small amount in Underlying Funds focused on domestic investment-grade bonds, domestic high yield bonds, foreign investment-grade and high yield bonds, and money market funds.
The Adviser attempts to lower the Fund’s market risk by investing in Underlying Funds that seek to lower the overall volatility of the Fund’s portfolio as compared to the S&P 500® Index. Volatility is a statistical measurement of the magnitude of up and down fluctuations in the value of a financial instrument or index. In addition, the Adviser reviews the idiosyncratic risks associated with each Underlying Fund and if these risks are deemed elevated with increased downside risks the Adviser may make changes to the Underlying Funds. The Adviser selects Underlying Funds for the Fund that it anticipates will produce a portfolio with less volatility with more capital protection and consistent returns. While the Adviser attempts to manage the Fund’s volatility, there is no guarantee that the strategy will be successful or that the Fund’s portfolio will not experience periods of volatility.
Some Underlying Funds may have processes that include environmental, social, and/or governance (“ESG”) considerations as part of their investment strategy. Not all Underlying Funds will include ESG as part of their investment strategy.
The Adviser may evaluate how an Underlying Fund uses proxy votes and access to corporate management. This process may include interviews with an Underlying Fund’s management and an examination of an Underlying Fund’s proxy voting records, prospectus and other reports. The methods that Underlying Funds use may vary.
The Fund may focus its investments in a particular industry or sector for the purpose of capitalizing on performance momentum in that industry or sector due to significant changes in market conditions or geopolitical conditions.
The Fund may sell an Underlying Fund if the Adviser identifies fundamental, ESG, legal or other risks and/or if the risk/return ranking declines due to increasing risk and/or decreasing return potential. The Fund may also decrease weight in an investment for risk control purposes.
SGPKX - Performance
Return Ranking - Trailing
Period | SGPKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.3% | 0.3% | 17.0% | 92.45% |
1 Yr | 18.7% | 3.7% | 53.6% | 93.87% |
3 Yr | 4.1%* | -10.3% | 30.6% | 95.94% |
5 Yr | N/A* | -7.9% | 109.2% | N/A |
10 Yr | N/A* | 0.4% | 21.0% | N/A |
* Annualized
Return Ranking - Calendar
Period | SGPKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 13.4% | -42.6% | 47.4% | 72.87% |
2022 | -14.3% | -56.3% | -4.2% | 8.70% |
2021 | -0.5% | -27.2% | 53.7% | 93.67% |
2020 | N/A | -36.2% | 2181.7% | N/A |
2019 | N/A | -22.7% | 40.4% | N/A |
Total Return Ranking - Trailing
Period | SGPKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.3% | 0.3% | 17.0% | 92.45% |
1 Yr | 18.7% | 3.7% | 53.6% | 93.87% |
3 Yr | 4.1%* | -10.3% | 30.6% | 95.94% |
5 Yr | N/A* | -7.9% | 109.2% | N/A |
10 Yr | N/A* | 0.4% | 21.0% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | SGPKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 14.1% | -5.0% | 47.4% | 89.90% |
2022 | -14.3% | -36.8% | -2.2% | 22.43% |
2021 | 11.1% | 3.0% | 124.3% | 98.54% |
2020 | N/A | -15.8% | 2266.0% | N/A |
2019 | N/A | -0.4% | 241.3% | N/A |
NAV & Total Return History
SGPKX - Holdings
Concentration Analysis
SGPKX | Category Low | Category High | SGPKX % Rank | |
---|---|---|---|---|
Net Assets | 19.4 M | 2.59 M | 1.55 T | 97.81% |
Number of Holdings | 9 | 1 | 4053 | 99.37% |
Net Assets in Top 10 | 21.4 M | 885 K | 387 B | 90.46% |
Weighting of Top 10 | 100.06% | 0.3% | 112.0% | 0.78% |
Top 10 Holdings
- SGI Global Equity Fund 29.76%
- SGI Small Cap Core Fund 20.75%
- SGI US Large Cap Equity Fund 17.97%
- SGI Diversified Tactical Fund/The 9.90%
- SGI US Large Cap Core Equity Fund/The 8.01%
- SGI US Small Cap Equity Fund 5.85%
- iShares Core MSCI EAFE ETF 2.99%
- iShares Core MSCI Emerging Markets ETF 2.47%
- U.S. Bank Money Market Deposit Account 2.35%
Asset Allocation
Weighting | Return Low | Return High | SGPKX % Rank | |
---|---|---|---|---|
Stocks | 97.71% | 0.00% | 124.03% | 70.45% |
Cash | 2.35% | 0.00% | 99.06% | 28.07% |
Preferred Stocks | 0.00% | 0.00% | 2.38% | 73.81% |
Other | 0.00% | -13.91% | 100.00% | 75.22% |
Convertible Bonds | 0.00% | 0.00% | 5.54% | 72.24% |
Bonds | 0.00% | -0.50% | 94.15% | 74.35% |
Stock Sector Breakdown
Weighting | Return Low | Return High | SGPKX % Rank | |
---|---|---|---|---|
Technology | 21.63% | 0.00% | 48.94% | 68.50% |
Healthcare | 16.34% | 0.00% | 60.70% | 19.97% |
Financial Services | 14.96% | 0.00% | 55.59% | 30.71% |
Industrials | 10.27% | 0.00% | 29.90% | 33.97% |
Consumer Cyclical | 10.19% | 0.00% | 30.33% | 59.51% |
Consumer Defense | 8.87% | 0.00% | 47.71% | 18.46% |
Communication Services | 6.72% | 0.00% | 27.94% | 75.18% |
Energy | 3.19% | 0.00% | 41.64% | 66.75% |
Utilities | 2.72% | 0.00% | 20.91% | 49.48% |
Basic Materials | 2.63% | 0.00% | 25.70% | 47.18% |
Real Estate | 2.49% | 0.00% | 31.91% | 59.75% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | SGPKX % Rank | |
---|---|---|---|---|
US | 97.71% | 0.00% | 124.03% | 60.28% |
Non US | 0.00% | 0.00% | 62.81% | 79.20% |
SGPKX - Expenses
Operational Fees
SGPKX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.32% | 0.01% | 16.07% | 2.83% |
Management Fee | 0.75% | 0.00% | 1.89% | 89.95% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.25% | 0.00% | 0.85% | 87.53% |
Sales Fees
SGPKX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
SGPKX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.25% | 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.
SGPKX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 178.00% | 0.00% | 496.00% | 96.78% |
SGPKX - Distributions
Dividend Yield Analysis
SGPKX | Category Low | Category High | SGPKX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.06% | 0.00% | 25.10% | 75.94% |
Dividend Distribution Analysis
SGPKX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Quarterly | Semi-Annually |
Net Income Ratio Analysis
SGPKX | Category Low | Category High | SGPKX % Rank | |
---|---|---|---|---|
Net Income Ratio | -1.17% | -54.00% | 6.06% | 99.52% |
Capital Gain Distribution Analysis
SGPKX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Quarterly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 28, 2023 | $0.065 | OrdinaryDividend |
Dec 28, 2022 | $0.001 | OrdinaryDividend |
Dec 28, 2021 | $0.747 | OrdinaryDividend |
SGPKX - Fund Manager Analysis
Managers
David Harden
Start Date
Tenure
Tenure Rank
Jun 08, 2020
1.98
2.0%
Dave earned a BA from Boston College and an MSCS from Boston University. Over the past 21+ years in investments, Dave has proven his ability as a portfolio manager and equity strategist. Prior to establishing Summit Global Investments, Dave worked with Fidelity Investments, Evergreen Investments, and Ensign Peak Advisors, where he was responsible for developing and implementing numerous portfolio strategies. For the past eight years, Dave has focused on managing institutional assets in the low volatility equity space and continues to do so with Summit Global Investments. As Chief Investment Officer, Dave oversees the investment processes and leads the overall investment decisions, including portfolio design, construction, implementation and management. In addition, Dave is directly responsible for SGI's innovative low volatility, managed risk approach to investing. As a leader in the low volatility field, he has developed unique quantitative technologies., tactics and models designed specifically for managing risk while maximizing returns. Dave is one of only a handful of active portfolio managers in the world that has researched, constructed, implemented and actively managed significant assets in the low volatility equity space. With the ever-increasing attention givento low volatility investing, Dave's techniques and strategies continue to provide new insight to professional asset management. Throughout Dave's career, he has established himself as an expert in investment technology and quantitative research. In his spare time, Dave enjoys spending time with his family and supporting the local wrestling community.
Aash Shah
Start Date
Tenure
Tenure Rank
Jun 08, 2020
1.98
2.0%
Aash M. Shah, Portfolio Manager, who has been responsible for Invesco V.I. Capital Appreciation Fund since 2020 and has been associated with Invesco and/or its affiliates since 2019. From 2006 to 2019, Mr. Shah was associated with OppenheimerFunds, a global asset management firm. He earned an MBA in Finance & Accounting from Carnegie Mellon University and BS Engineering from the University of Pittsburgh. He is also a CFA charter holder.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 39.02 | 7.21 | 2.42 |