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.
SMI Multi-Strategy SMILX
- NAV / 1-Day Return 10.85 / −0.28 %
- Total Assets 53.8 Mil
-
Adj. Expense Ratio
- 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 0.73%
- Turnover 196%
USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 12:14 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.
People Pillar
Parent Pillar
- 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 | — |