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 9.77 / −0.41 %
- Total Assets 49.5 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.520%
- Distribution Fee Level High
- Share Class Type No Load
- Category Moderately Aggressive Allocation
- Investment Style Large Growth
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Status Open
- TTM Yield 0.79%
- Turnover 196%
USD | NAV as of May 02, 2024 | 1-Day Return as of May 02, 2024, 12:17 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 69.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
SPDR® S&P 500 ETF Trust | 15.75 | 8.5 Mil | — |
iShares Russell 1000 Growth ETF | 13.27 | 7.2 Mil | — |
Innovator Growth-100 Pwr Buff ETF™ Jan | 8.39 | 4.5 Mil | — |
Innovator MSCI EAFE Power Buffer ETF Apr | 6.81 | 3.7 Mil | — |
Fidelity Blue Chip Growth ETF | 4.55 | 2.5 Mil | — |
Hennessy Cornerstone Mid Cap 30 Instl | 4.27 | 2.3 Mil | — |
SPDR® S&P Biotech ETF | 4.19 | 2.3 Mil | — |
Marsico Focus Institutional | 4.18 | 2.3 Mil | — |
Invesco Optm Yd Dvrs Cdty Stra No K1 ETF | 3.93 | 2.1 Mil | — |
Hennessy Cornerstone Growth Inst | 3.83 | 2.1 Mil | — |