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Trending ETFs

Name

As of 11/19/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$21.31

$50.2 M

0.04%

$0.01

2.05%

Vitals

YTD Return

10.9%

1 yr return

17.3%

3 Yr Avg Return

0.6%

5 Yr Avg Return

10.6%

Net Assets

$50.2 M

Holdings in Top 10

44.7%

52 WEEK LOW AND HIGH

$21.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.05%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 177.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$5,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 11/19/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$21.31

$50.2 M

0.04%

$0.01

2.05%

USLUX - Profile

Distributions

  • YTD Total Return 10.9%
  • 3 Yr Annualized Total Return 0.6%
  • 5 Yr Annualized Total Return 10.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.60%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Global Luxury Goods Fund
  • Fund Family Name
    US Global Investors Funds
  • Inception Date
    May 03, 1995
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Frank Holmes

Fund Description

Under normal market conditions, the Global Luxury Goods Fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in the securities of companies producing, processing, distributing, and manufacturing luxury products, services, or equipment. Luxury goods are defined as those products or services that are not essential to livelihood but are highly desired within a culture or society. Luxury products include apparel, textile products, automobiles, home and office products, jewelry, and leisure products such as music, recreation and sporting goods. Luxury services include commercial services, gaming, lodging, restaurants, passenger transportation and transit services, recreational and entertainment facilities, consumer product distribution, retail, consumer goods rental, educational services, and personal care services. The securities in which the fund may invest include common stocks, preferred stocks, convertible securities, rights and warrants, exchange-traded funds (“ETFs”) that represent interests in, or related to, luxury goods companies, and depository receipts (American Depository Receipts (ADRs) and Global Depository Receipts (GDRs)). In addition, the fund may invest up to 15% of its net assets in illiquid securities.

The fund may invest a significant portion of its assets in foreign companies, including companies in emerging markets. The fund may invest in companies of any market capitalization.

The fund will invest in securities of companies with economic ties to countries throughout the world, including emerging markets and the U.S. Under normal market conditions, the fund will invest at least 40% of its assets in securities of companies that are economically tied to at least three countries other than the U.S. The fund may invest in companies which may be domiciled in one country but have economic ties to another country. In determining if a company is economically tied to a country, the fund will consider various factors, including the country in which the company’s principal operations are located; the country in which at least 50% of the company’s revenues or profits are derived from goods produced or sold, investments made, or services performed; the country in which the principal trading market is located; and the country in which the company is legally organized.

The fund may participate in private placements and initial public offerings (IPOs). The fund may also purchase call and put options, and the fund’s current intention is to purchase only exchange-traded options. The fund may purchase put options to hedge the fund’s portfolio against a possible loss, and the fund may purchase call options as a substitute to purchasing the underlying security. The fund’s use of options may also include participation in long-term equity anticipation securities (LEAPS). The fund will not purchase any option if, immediately thereafter, the aggregate market value of all outstanding options purchased by the fund would exceed 10% of the fund’s total assets. In an effort to enhance the fund’s risk-adjusted performance, the fund may enter into covered option writing transactions. The fund will not sell a covered option if, immediately thereafter, the aggregate value of the fund’s securities subject to outstanding covered options would exceed 50% of the value of the fund’s total assets.

The fund may also invest in fixed-income securities of any credit quality and maturity, and the weighted average maturity of the portfolio may vary substantially over time. Up to 10% of the fund’s net assets may be invested in fixed-income securities rated below investment grade (“junk bonds”). Investment grade debt securities are debt securities rated in one of the top four categories by a national rating organization or, if unrated, determined by the Adviser to be of comparable quality. Certain fixed-income securities held by the fund may be illiquid.

The Adviser uses a matrix of “top-down” macro models and “bottom-up” micro stock selection models to determine weighting in countries, sectors and individual securities. The Adviser believes government policies are a precursor to change, and as a result, it monitors and tracks the fiscal and monetary policies of the world’s largest countries both in terms of economic stature and population. The Adviser focuses on historical and socioeconomic cycles, and it applies both statistical and fundamental models, including “growth at a reasonable price” (GARP), to identify companies with superior growth and value metrics. The Adviser overlays these explicit knowledge models with the tacit knowledge obtained by domestic and global travel for first-hand observation of local and geopolitical conditions, as well as specific companies and projects.

The Adviser’s “bottom-up” stock selection approach is generally characterized as growth at a reasonable price, which focuses on three key drivers: revenue growth, earnings growth and return on equity. The Adviser searches for growth companies that have strong fundamentals and are also trading at reasonable valuations.

The Adviser uses a matrix of statistical models to monitor market volatility and money flows, and as a result, the fund may at times maintain higher than normal cash levels. For example, the Adviser may take a temporary defensive position when the securities trading markets or the economy are experiencing excessive volatility, a prolonged general decline, or other adverse conditions.

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USLUX - Performance

Return Ranking - Trailing

Period USLUX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.9% -0.3% 50.1% 97.20%
1 Yr 17.3% 3.3% 68.8% 97.11%
3 Yr 0.6%* -25.9% 24.2% 89.94%
5 Yr 10.6%* -14.0% 29.6% 94.37%
10 Yr 7.5%* -4.9% 19.8% 97.22%

* Annualized

Return Ranking - Calendar

Period USLUX Return Category Return Low Category Return High Rank in Category (%)
2023 20.5% -74.1% 72.4% 83.88%
2022 -28.4% -85.9% 4.7% 22.84%
2021 8.2% -52.4% 60.5% 51.39%
2020 20.6% -34.3% 145.0% 70.81%
2019 11.1% -6.9% 49.4% 94.13%

Total Return Ranking - Trailing

Period USLUX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.9% -0.3% 50.1% 97.20%
1 Yr 17.3% 3.3% 68.8% 97.11%
3 Yr 0.6%* -25.9% 24.2% 89.94%
5 Yr 10.6%* -14.0% 29.6% 94.37%
10 Yr 7.5%* -4.9% 19.8% 97.22%

* Annualized

Total Return Ranking - Calendar

Period USLUX Return Category Return Low Category Return High Rank in Category (%)
2023 23.8% -4.6% 72.4% 89.58%
2022 -23.8% -61.7% 5.6% 18.69%
2021 24.9% -39.8% 118.1% 28.81%
2020 20.8% 2.8% 149.2% 92.97%
2019 13.7% -5.2% 49.4% 99.60%

NAV & Total Return History


USLUX - Holdings

Concentration Analysis

USLUX Category Low Category High USLUX % Rank
Net Assets 50.2 M 296 K 287 B 93.43%
Number of Holdings 57 2 3061 54.23%
Net Assets in Top 10 21.6 M 126 K 151 B 94.32%
Weighting of Top 10 44.68% 0.7% 205.0% 77.06%

Top 10 Holdings

  1. Cie Financiere Richemont SA 6.57%
  2. Hermes International SCA 5.68%
  3. Amazon.com, Inc. 4.78%
  4. KKR Co., Inc. 4.44%
  5. Industria de Diseno Textil SA 4.25%
  6. UBS Group AG 4.15%
  7. LVMH Moet Hennessy Louis Vuitton SE 4.05%
  8. Constellation Brands, Inc. 3.69%
  9. Apollo Global Management, Inc. 3.66%
  10. Lululemon Athletica, Inc. 3.42%

Asset Allocation

Weighting Return Low Return High USLUX % Rank
Stocks
93.86% 0.00% 115.30% 96.67%
Other
3.32% -31.50% 50.35% 2.34%
Bonds
1.54% 0.00% 102.71% 1.17%
Cash
1.28% 0.00% 173.52% 45.05%
Preferred Stocks
0.00% 0.00% 10.69% 49.01%
Convertible Bonds
0.00% 0.00% 1.94% 41.06%

Stock Sector Breakdown

Weighting Return Low Return High USLUX % Rank
Consumer Cyclical
62.57% 0.00% 62.57% 0.09%
Financial Services
16.88% 0.00% 43.06% 10.02%
Basic Materials
7.80% 0.00% 18.91% 2.35%
Consumer Defense
7.70% 0.00% 25.50% 9.84%
Technology
5.05% 0.00% 65.70% 98.83%
Utilities
0.00% 0.00% 16.07% 58.94%
Real Estate
0.00% 0.00% 16.05% 80.14%
Industrials
0.00% 0.00% 30.65% 95.76%
Healthcare
0.00% 0.00% 39.76% 99.37%
Energy
0.00% 0.00% 41.09% 73.92%
Communication Services
0.00% 0.00% 66.40% 98.47%

Stock Geographic Breakdown

Weighting Return Low Return High USLUX % Rank
US
57.53% 0.00% 115.30% 98.83%
Non US
36.33% 0.00% 75.51% 0.27%

Bond Sector Breakdown

Weighting Return Low Return High USLUX % Rank
Corporate
17.95% 0.00% 100.00% 5.58%
Derivative
3.32% -31.73% 14.84% 1.44%
Cash & Equivalents
0.00% 0.00% 173.52% 91.80%
Securitized
0.00% 0.00% 43.70% 37.90%
Municipal
0.00% 0.00% 0.57% 37.90%
Government
0.00% 0.00% 12.45% 38.56%

Bond Geographic Breakdown

Weighting Return Low Return High USLUX % Rank
US
1.54% 0.00% 102.71% 1.17%
Non US
0.00% 0.00% 0.00% 37.66%

USLUX - Expenses

Operational Fees

USLUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.05% 0.01% 28.71% 5.70%
Management Fee 1.12% 0.00% 1.50% 99.00%
12b-1 Fee 0.25% 0.00% 1.00% 38.85%
Administrative Fee N/A 0.01% 1.02% N/A

Sales Fees

USLUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 8.50% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

USLUX 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.

USLUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 177.00% 0.00% 316.74% 97.55%

USLUX - Distributions

Dividend Yield Analysis

USLUX Category Low Category High USLUX % Rank
Dividend Yield 0.04% 0.00% 27.58% 18.03%

Dividend Distribution Analysis

USLUX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually Annual Annual

Net Income Ratio Analysis

USLUX Category Low Category High USLUX % Rank
Net Income Ratio -0.60% -6.13% 3.48% 70.72%

Capital Gain Distribution Analysis

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

Distributions History

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USLUX - Fund Manager Analysis

Managers

Frank Holmes


Start Date

Tenure

Tenure Rank

Dec 31, 1994

27.43

27.4%

Mr. Holmes is Chief Executive Officer since 1989 and Chief Investment Officer since 1999 at U.S. Global Investors, Inc. Mr. Holmes had investment banking experience in the international capital markets and the gold mining industry. He was formerly President and Chairman of the Toronto Society of the Investment Dealers Association and a member of the Toronto Stock Exchange's Listing Committee as well as a member seat holder of the stock exchanges in Toronto, Montreal, Vancouver and Alberta.

Ralph Aldis


Start Date

Tenure

Tenure Rank

Nov 12, 2015

6.55

6.6%

Ralph P. Aldis, CFA, is a Portfolio Manager for U.S. Global Investors, Inc. Aldis has served as senior research analyst of the U.S. Global Investors, Inc. since 2001. Previously he was with United Services Advisors as director of research and analysis since April 1989. Before that, he spent three years in the research department at Neil A. Eisner and Company, and he also worked as a research assistant at Southwest Energy Associates during the summer of 1986. He is a member of the Society of Economic Geologists and the San Antonio Society of Financial Analysts.

Joanna Sawicka


Start Date

Tenure

Tenure Rank

May 01, 2020

2.08

2.1%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 54.45 8.24 3.08