Global Secured Options Portfolio (NOVIX)
4.71
+0.06
(+1.29%)
USD |
Apr 24 2025
Key Stats
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| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 1.14% | 12.58M | -- | 0.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -15.36M | 9.75% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks long-term capital appreciation and option premiums consistent with reasonable risk to principal. The Fund uses option writing strategies to obtain option premiums and reduce risk. The Fund will implement buy-write and/or cash-secured put option strategies on foreign stock index exchange traded funds. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Nontraditional Equity |
| Broad Category | Equity |
| Global Peer Group | Alternative Other |
| Peer Group | Options Arbitrage/Opt Strategies Funds |
| Global Macro | Liquid Alternatives |
| US Macro | Equity Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Options Arbitrage/Opt Strategies Funds |
| Fund Owner Firm Name | Glenmede Funds |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
67
-99.15M
Peer Group Low
899.37M
Peer Group High
1 Year
% Rank:
82
-15.36M
-319.28M
Peer Group Low
10.32B
Peer Group High
3 Months
% Rank:
80
-150.19M
Peer Group Low
3.599B
Peer Group High
3 Years
% Rank:
90
-2.160B
Peer Group Low
25.01B
Peer Group High
6 Months
% Rank:
78
-236.41M
Peer Group Low
6.416B
Peer Group High
5 Years
% Rank:
99
-184.93M
Peer Group Low
32.43B
Peer Group High
YTD
% Rank:
81
-150.19M
Peer Group Low
3.599B
Peer Group High
10 Years
% Rank:
100
-208.81M
Peer Group Low
32.43B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of April 26, 2025.
Asset Allocation
As of January 31, 2025.
| Type | % Net |
|---|---|
| Cash | 6.38% |
| Stock | 74.72% |
| Bond | 16.75% |
| Convertible | 0.00% |
| Preferred | 0.90% |
| Other | 1.25% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Other Assets less Liabilities
|
54.10% | -- | -- |
| iShares MSCI Emerging Markets ETF | 22.00% | 43.45 | -0.18% |
| iShares MSCI EAFE ETF | 12.92% | 84.12 | 0.43% |
|
United States of America (Government) 0% 12-JUN-2025
|
5.43% | -- | -- |
|
USD Cash
|
2.50% | -- | -- |
|
SPX Mar5 4000.0C
|
2.32% | -- | -- |
|
United States of America (Government) 0% 06-FEB-2025
|
1.65% | -- | -- |
|
United States of America (Government) 0% 10-APR-2025
|
0.55% | -- | -- |
|
Fixed Income Clearing Corp Repo
|
0.40% | -- | -- |
|
SPX Mar5 4000.0P
|
0.24% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.31% |
| Administration Fee | 51.91K% |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | -- |
| Available for RRSP | -- |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1000.00 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks long-term capital appreciation and option premiums consistent with reasonable risk to principal. The Fund uses option writing strategies to obtain option premiums and reduce risk. The Fund will implement buy-write and/or cash-secured put option strategies on foreign stock index exchange traded funds. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Nontraditional Equity |
| Broad Category | Equity |
| Global Peer Group | Alternative Other |
| Peer Group | Options Arbitrage/Opt Strategies Funds |
| Global Macro | Liquid Alternatives |
| US Macro | Equity Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Options Arbitrage/Opt Strategies Funds |
| Fund Owner Firm Name | Glenmede Funds |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (4-24-25) | 0.46% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Stock | |
| Weighted Average PE Ratio | 23.18 |
| Weighted Average Price to Sales Ratio | 4.852 |
| Weighted Average Price to Book Ratio | 4.233 |
| Weighted Median ROE | 45.49% |
| Weighted Median ROA | 7.56% |
| ROI (TTM) | 13.29% |
| Return on Investment (TTM) | 13.29% |
| Earning Yield | 0.0652 |
| LT Debt / Shareholders Equity | 0.5551 |
As of January 31, 2025
Growth Metrics
| EPS Growth (1Y) | 16.30% |
| EPS Growth (3Y) | 18.21% |
| EPS Growth (5Y) | 13.42% |
| Sales Growth (1Y) | 12.91% |
| Sales Growth (3Y) | 14.64% |
| Sales Growth (5Y) | 11.66% |
| Sales per Share Growth (1Y) | 16.12% |
| Sales per Share Growth (3Y) | 14.56% |
| Operating Cash Flow - Growth Ratge (3Y) | 15.71% |
As of January 31, 2025
Fund Details
| Key Dates | |
| Inception Date | 9/28/2012 |
| Last Annual Report Date | 10/31/2024 |
| Last Prospectus Date | 2/28/2025 |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | -- |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Synthetic Replication Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:NOVIX", "name") |
| Broad Asset Class: =YCI("M:NOVIX", "broad_asset_class") |
| Broad Category: =YCI("M:NOVIX", "broad_category_group") |
| Prospectus Objective: =YCI("M:NOVIX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |