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The FundX ETF Upgrader Fund (REMIX
- Inception 1/31/07) may be appropriate for long-term investors
willing to accept an above average level of market risk associated
with investing in a portfolio that depends largely on the value
of common stock holdings.
REMIX consists primarily of funds categorized
as Class 3, with the option of using choices from the other three
risk classes for equity ETFs. For more
information on fund classifications, click here
The ETF Upgrader Fund may not be appropriate
for investors seeking regular income or stability of principal
or those pursuing a short-term goal.

The S&P
500 Index is a broad based unmanaged index of 500 stocks, which
is widely recognized as representative of the equity market in
general. You cannot invest directly in an index.
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12 mo |
Average
Annualized Return Since Inception 1/31/07 |
Cumulative
Return
Since
Inception
(1/31/07) |
Gross
Expense Ratio |
*
Net Expense Ratio |
|
17.10 |
-8.90 |
-23.80 |
2.20% |
1.50% |
|
26.41 |
-6.30 |
-17.31 |
|
|
| |
1
mo |
3
mo |
6 mo |
YTD |
12
mo |
Average
Annualized Return |
Cumulative
Return Since
Inception
(1/31/07) |
| 3 Years |
Since
Inception
(1/31/07)
|
Fundx
ETF Upgrader |
3.84 |
0.71 |
6.78 |
-0.92 |
44.95 |
-8.51 |
-8.73 |
-24.50 |
|
3.01 |
1.30 |
9.31 |
-0.65 |
53.69 |
-5.69 |
-6.19 |
-17.82 |
Performance
data quoted represents past performance; past performance does
not guarantee future results. The investment return and principal
value of an investment will fluctuate so that an investor's
shares, when redeemed, may be worth more or less than their
original cost. Current performance of the fund may be lower
or higher than the performance quoted. Performance data quoted
is current to the most recent month end. Returns shown are
cumulative, unless otherwise noted.
* *The advisor has contractually agreed to reduce its fees and/or
pay each Fund’s expenses for a period of at least ten years
(three years for the ETF Upgrader Funds), and indefinitly thereafter.
The figures shown represent the net expense ratios without Acquired
Fund Fees and Expenses and are after the effects of fee waivers,
recoupments and rebated fees.
| Class 1 & 2 |
|
|
| Claymore BNY BRIC |
EEB |
1.59% |
| iShrs Morningstar Small |
JKL |
1.55% |
| iShrs MSCI Australia Id |
EWA |
1.52% |
| iShrs MSCI Brazil Idx |
EWZ |
1.45% |
| iShrs MSCI BRIC Idx |
BKF |
1.58% |
| iShrs MSCI Emg Mkts |
EEM |
3.09% |
| iShrs MSCI Pacific x-Jp |
EPP |
1.59% |
| iShrs MSCI Singapore |
EWS |
1.37% |
| iShrs MSCI South Korea |
EWY |
1.42% |
| iShrs MSCI Taiwan |
EWT |
1.44% |
| iShrs S&P Latin America |
ILF |
1.63% |
| iShrs Trust DJ Basic Ma |
IYM |
1.47% |
| PowerShrs Dynamic Media |
PBS |
1.35% |
| S&P Semiconductor SPDR |
XSD |
0.75% |
| SPDR KBW Bank |
KBE |
0.73% |
| SPDR S&P Retail |
XRT |
1.49% |
| Vanguard Emerging Mkts |
VWO |
3.06% |
| Class 3 |
|
|
| Claymore/Sabrient Insid |
NFO |
5.20% |
| Claymore/Sabrient Multi |
CVY |
5.20% |
| iShrs Russell MidCp Val |
IWS |
10.39% |
| iShrs S&P MidC 400 Val |
IJJ |
10.01% |
| PowerShrs Intl Div Achi |
PID |
10.19% |
| Rydex S&P Equal Weighte |
RSP |
16.48% |
| S&P MidCap 400 SPDR |
MDY |
15.05% |
| Cash |
|
|
| Cash |
CASH |
0.38% |
| Total Class 1 & 2 |
|
27.08% |
| Total Class 3 |
|
72.52% |
| Total Cash |
|
0.38% |
| Total # of Positions |
|
24 |
Fund
holdings and/or sector allocations are subject to change
at any time
and are not recommendations
to buy or sell any security
FundX
ETF Upgrader Fund (REMIX) |
| Ticker:
REMIX |
Inception Date:
Jan. 31, 2007 |
| Minimum Investment: $2,500 ($1,000
for IRAs) |
Redemption Fee: 2% for shares
sold in 7 days |
| Noload, no sales commissions,
no transaction fees at most brokers. |
Expense Ratio: 1.5% |
A Word about Risk -
The FundX ETF Upgrader Funds are considered “funds of funds”. Each of the ETF Upgrader Funds will bear its share of the fees and expenses of the underlying funds. Shareholders will pay higher expenses than would be the case if making direct investments in the underlying ETFs.
ETF Trading Risk – Because the Funds invest in ETFs, they are subject to additional risks that do not apply to conventional mutual funds, including the risks that the market price of an ETF’s shares may trade at a discount to its net asset value (“NAV”), an active secondary trading market may not develop or be maintained, or trading may be halted by the exchange in which they trade, which may impact a Fund’s ability to sell its shares.
Foreign - The Fund invests in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods. These risks are greater for investments in emerging markets.
Small Company - The Fund invests in smaller companies, which involve additional risks such as limited liquidity and greater volatility.
Non-Diversified/Concentration - The Fund is non-diversified, meaning it may concentrate its assets in fewer individual holdings or sectors than a diversified fund. Therefore, the Fund is more exposed to individual issuer volatility than a diversified fund.
Short sales - The fund may make short sales of securities, which involves the risk that losses may exceed the original amount invested.
Interest rate/credit/high yield - Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investment by the Fund in lower-rated and non-rated securities presents a greater risk of loss to principal and interest than higher-rated securities.
While the fund is no-load, management and other expenses still apply.
Please refer to the prospectus for further details.
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