Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers. The strategy changed its peer group last June, moving from the Mid-Cap Value category to the Aggressive Allocation Morningstar Category.
Meeder Sector Rotation Institutional QNTIX
- NAV / 1-Day Return 41.62 / −0.29 %
- Total Assets 38.1 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.570%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Aggressive Allocation
- Investment Style Large Blend
- Credit Quality / Interest Rate Sensitivity Medium/Extensive
- Status Open
- TTM Yield 1.41%
- Turnover 38%
USD | NAV as of Sep 27, 2024 | 1-Day Return as of Sep 27, 2024, 12:25 AM GMT+0
Morningstar’s Analysis QNTIX
Will QNTIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 57.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Cash And Equivalents | 39.75 | 14.9 Mil | Cash and Equivalents |
MSCI EAFE Index Future Sept 24 | 19.99 | 7.5 Mil | — |
E-mini S&P 500 Future Sept 24 | 15.09 | 5.7 Mil | — |
Amazon.com Inc | 3.68 | 1.4 Mil | Consumer Cyclical |
MSCI Emerging Markets Index Future Sept 24 | 3.66 | 1.4 Mil | — |
Apple Inc | 3.31 | 1.2 Mil | Technology |
Microsoft Corp | 3.08 | 1.2 Mil | Technology |
NVIDIA Corp | 2.83 | 1.1 Mil | Technology |
Alphabet Inc Class A | 2.59 | 972,601 | Communication Services |
Meta Platforms Inc Class A | 1.68 | 629,742 | Communication Services |