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Morningstar

Quantified Market Leaders Advisor QMLAX

Morningstar Medalist Rating
Medalist Rating as of | See Advisors Preferred Investment Hub
  • NAV / 1-Day Return 10.40  /  0.00
  • Total Assets 174.3 Mil
  • Adj. Expense Ratio
    2.110%
  • Expense Ratio 2.110%
  • Distribution Fee Level Below Average
  • Share Class Type Level Load
  • Category Tactical Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 1.32%
  • Turnover 1,592%

USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:14 PM GMT+0

Morningstar’s Analysis QMLAX

Will QMLAX 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 QMLAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the QMLAX 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 QMLAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Quantified Market Leaders Advisor boasts strong Process and People Pillar ratings, but other weaknesses hold this strategy's Morningstar Medalist Rating at 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 highest quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings QMLAX

More QMLAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 146.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Recv Ishares Tr Rus 1 Grw

23.06 54.0 Mil
—

Vanguard Financials ETF

19.16 44.9 Mil
—

Technology Select Sector SPDR® ETF

18.87 44.2 Mil
—

Financial Select Sector SPDR® ETF

18.68 43.7 Mil
—

Recv Ishares Tr Rus Md Cp

18.13 42.4 Mil
—

iShares Russell 2000 Value ETF

15.22 35.6 Mil
—

Recv Vanguard World Fds V

14.75 34.5 Mil
—

iShares Russell Mid-Cap Value ETF

7.64 17.9 Mil
—

First American Government Obligs Z

6.84 16.0 Mil
Cash and Equivalents

Fidelity Inv MM Government I

6.84 16.0 Mil
Cash and Equivalents