Returns Chart

Key Stats

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Expense Ratio Total Assets Under Management Dividend Yield Turnover Ratio
4.35% 21.30M 0.00% 137.0%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized All Time Total Returns (Daily) Max Drawdown (All)
-48.91M -4.61% Upgrade Upgrade

Basic Info

Investment Strategy
The investment seeks long-term growth of capital independent of stock market direction. The fund seeks to achieve its investment objective by balancing "long" and "short" positions. To do this, the fund will buy (take long positions in) equity securities of U.S. companies that the Adviser believes are undervalued and more likely to appreciate and, at the same time, borrow and then sell (take short positions in) equity securities of U.S. companies that the Adviser believes are likely to underperform the long positions over time.
General
Security Type Mutual Fund
Oldest Share Symbol COGIX
Equity Style Large Cap/Value
Fixed Income Style --
Broad Asset Class Alternative
Broad Category Alternative
Category Name Market Neutral
Category Index USTREAS T-Bill Auction Ave 3 Mon
Prospectus Objective Growth
Fund Owner Firm Name Cognios Capital
Prospectus Benchmark Index
S&P 500 TR USD 100.0%
Broad Asset Class Benchmark Index
^MSACWINTR 100.0%
Manager Tenure
Brian Machtley 7.84 yrs
Jonathan Angrist 7.84 yrs

Net Fund Flows Versus Category

View Net Fund Flows. Upgrade now.
1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: 73
-48.91M
-562.65M Category Low
2.075B Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
As of October 31, 2020

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
6M
YTD
1Y
3Y
5Y
10Y
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
--
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% Rank in Cat (NAV)
--
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As of November 27, 2020. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

Edit comparables
Name
2013
2014
2015
2016
2017
2018
2019
YTD
4.72%
6.02%
5.56%
-0.82%
4.96%
3.92%
-0.97%
-4.89%
22.80%
4.16%
-2.36%
7.86%
23.97%
-9.41%
26.60%
12.08%
2.99%
1.71%
3.68%
3.47%
1.62%
-2.67%
-1.62%
-3.81%
--
9.58%
9.32%
-0.08%
-3.76%
1.29%
3.80%
5.24%
4.45%
3.31%
2.22%
-0.30%
3.03%
0.88%
4.48%
0.38%
-30.10%
-36.85%
-61.76%
66.81%
46.59%
-22.20%
13.18%
-58.98%
As of November 27, 2020.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (11-27-20) 0.00%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 20.96
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
As of June 30, 2020

Growth Estimates

Forecasted 5 Yr Earnings Growth Upgrade
Forecasted Book Value Growth Upgrade
Forecasted Cash Flow Growth Upgrade
Forecasted Earnings Growth Upgrade
Forecasted Revenue Growth Upgrade
As of June 30, 2020

Asset Allocation

As of June 30, 2020.
Type % Net % Long % Short
Cash 66.10% Upgrade Upgrade
Stock 33.90% Upgrade Upgrade
Bond 0.00% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
Akamai Technologies Inc 1.78% 103.68 -0.61%
Oracle Corp 1.76% 57.76 0.00%
Regeneron Pharmaceuticals Inc 1.75% 516.03 0.39%
Bristol-Myers Squibb Company 1.75% 62.42 -1.00%
Gilead Sciences Inc 1.75% 60.67 1.07%
McCormick & Co Inc Non-Voting 1.73% 187.02 0.29%
Dollar Tree Inc 1.73% 109.24 -0.60%
Humana Inc 1.73% 400.54 -1.46%
United Parcel Service Inc Class B 1.72% 171.23 1.39%
Conagra Brands Inc 1.72% 36.57 1.75%

Fees & Availability

Fees
Actual 12B-1 Fee Upgrade
Actual Management Fee Upgrade
Administration Fee --
Performance Fee --
Switching Fee --
Transaction Fee --
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for Retirement Plan No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Open to Existing Investors Yes
Minimum Initial Investment Upgrade
Minimum Subsequent Investment Upgrade

Basic Info

Investment Strategy
The investment seeks long-term growth of capital independent of stock market direction. The fund seeks to achieve its investment objective by balancing "long" and "short" positions. To do this, the fund will buy (take long positions in) equity securities of U.S. companies that the Adviser believes are undervalued and more likely to appreciate and, at the same time, borrow and then sell (take short positions in) equity securities of U.S. companies that the Adviser believes are likely to underperform the long positions over time.
General
Security Type Mutual Fund
Oldest Share Symbol COGIX
Equity Style Large Cap/Value
Fixed Income Style --
Broad Asset Class Alternative
Broad Category Alternative
Category Name Market Neutral
Category Index USTREAS T-Bill Auction Ave 3 Mon
Prospectus Objective Growth
Fund Owner Firm Name Cognios Capital
Prospectus Benchmark Index
S&P 500 TR USD 100.0%
Broad Asset Class Benchmark Index
^MSACWINTR 100.0%
Manager Tenure
Brian Machtley 7.84 yrs
Jonathan Angrist 7.84 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (11-27-20) 0.00%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 20.96
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
As of June 30, 2020

Growth Estimates

Forecasted 5 Yr Earnings Growth Upgrade
Forecasted Book Value Growth Upgrade
Forecasted Cash Flow Growth Upgrade
Forecasted Earnings Growth Upgrade
Forecasted Revenue Growth Upgrade
As of June 30, 2020

Fund Details

Key Dates
Inception Date 12/31/2012
Last Annual Report Date 6/30/2020
Last Prospectus Date 10/28/2020
Share Classes
COGIX Inst
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No