Morningstar

SMI Multi-Strategy SMILX

Morningstar Medalist Rating
Medalist Rating as of | See Sound Mind Investment Hub
  • NAV / 1-Day Return 10.95  /  +0.55 %
  • Total Assets 54.1 Mil
  • Adj. Expense Ratio
    1.520%
  • Expense Ratio 1.520%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Moderately Aggressive Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Status Open
  • TTM Yield 0.74%
  • Turnover 196%

USD | NAV as of Sep 27, 2024 | 1-Day Return as of Sep 27, 2024, 12:33 AM GMT+0

Morningstar’s Analysis SMILX

Will SMILX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SMILX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the SMILX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of SMILX’s parent organization’s priorities and whether they’re in line with investors’ interests.

SMI Multi-Strategy's Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings SMILX

More SMILX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 66.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

SMI 3Fourteen Full-Cycle Trend ETF

20.18 10.9 Mil
—

Invesco QQQ Trust

9.97 5.4 Mil
—

SPDR® S&P 500® ETF Trust

9.51 5.1 Mil
—

SPDR® S&P Regional Banking ETF

5.20 2.8 Mil
—

Sprott Physical Gold Trust

5.20 2.8 Mil
—

Hennessy Cornerstone Mid Cap 30 Instl

4.37 2.4 Mil
—

iShares Russell 2000 Value ETF

3.71 2.0 Mil
—

iShares Russell 1000 Growth ETF

3.53 1.9 Mil
—

Fidelity Inv MM Government Instl

3.22 1.7 Mil
Cash and Equivalents

Fidelity Blue Chip Growth ETF

2.33 1.3 Mil
—

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