FundX Upgrader Fund (FUNDX)

Ten years of Ugrading

FUNDX, our flagship fund, invests in a diversified portfolio of equity mutual funds and ETFs.

Following our most popular growth model, FUNDX targets 70% in core equity funds, with 30% in more aggressive underlying funds and ETFs.

The FundX Upgrader Fund is designed for investors who would like to participate in the long-term growth potential of an actively managed global stock portfolio. We believe FUNDX can serve as the foundation of a well-diversified portfolio.

Investors in FUNDX should have a time horizon of at least five years.

Purchase Information

Ticker FUNDX
Inception Date: 11/1/01
Assets: $245.8 Million
Minimum Investment: $1,000
Redemption Fee: None

Diversification does not assure a profit or protect against a loss in a declining market.

Performance Commentary

FUNDX seeks to participate in global market trends by owning foreign funds when foreign markets are in favor and U.S. funds when domestic markets have stronger recent returns. Since inception, it has outpaced both U.S. (S&P 500) and global (MSCI ACWI) indexes. It has been primarily invested in U.S. funds for the past seven years, which helped the Fund outperform the MSCI All Country World index for the past five- and ten-year periods. Brief exposure to foreign funds during these periods added diversification but caused the Fund to underperform the S&P 500 index.

This chart illustrates the performance of a hypothetical $10,000 investment made in the Fund Since Inception on 11/1/2001 for the period ending 12/31/2015. It assumes reinvestment of dividends and capital gains, but does not reflect the effect of any applicable sales charge or redemption fees. This chart does not imply any future performance. 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. The MSCI All Country World Index (ACWI) is a market capitalization weighted index that is designed to measure the equity-market performance throughout the world. You cannot invest directly in an index.

Average Annual Total Returns Quarter-End March 31st, 2016

1 Yr 5 Yrs 10 Yrs Since Inception
Upgrader Fund
-5.50
6.65
4.16
6.76
S&P 500 Index
1.78
11.58
7.01
6.68
MSCI ACWI
-4.34
5.22
4.08
6.01

Current Total Returns Period Ending March 31st, 2016

          Average Annualized Return
1 Mo 3 Mo 6 Mo YTD 1 Yr 5 Yrs 10 Yrs Since Inception 11/01/01
Upgrader Fund
6.17
-2.98
3.11
-2.98
-5.50
6.65
4.16
6.76
S&P 500 Index
6.78
1.35
8.49
1.35
1.78
11.58
7.01
6.68
MSCI ACWI
7.41
0.24
5.28
0.24
-4.34
5.22
4.08
6.01
Expense Ratios
Gross 1.84

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.

Holdings as of 03-31-2016

Name
Ticker
Holding %
Sector Funds
Matthews Japan Inst
MIJFX
2.10
SPDR Consumer Discretionary
XLY
2.50
SPDR Consumer Staples
XLP
2.10
SPDR Utilities Select Sector
XLU
2.40
Vanguard Consumer Stpls ETF
VDC
1.00
Sector Funds Total 10.10
Aggressive Funds
AmCen Select Inst
TWSIX
2.20
AMG Yacktman Foc I
YAFIX
1.80
iShrs MSCI EAFE SmCp Idx
SCZ
1.90
Janus Enterprise I
JMGRX
2.00
Oppenheimer Glb Opps Y
OGIYX
0.50
Oppenheimer Intl Small Co Y
OSMYX
2.20
PowerShrs Hi Yld Eq Div Achivrs
PEY
2.00
PowerShrs QQQ Trust
QQQ
5.80
PowerShrs SP500 HiQlty
SPHQ
0.70
William Blair Growth I
BGFIX
0.60
Aggressive Funds Total 19.70
Core Funds
AB Lrg Cap Gr Adv
APGYX
7.20
AmCen Equity Inc Inst
ACIIX
6.00
iShares MSCI USA Qual Factor
QUAL
6.30
iShrs DJ Select Div Idx
DVY
7.00
iShrs EAFE Min Vol
EFAV
6.60
iShrs MSCI USA Momentum Factor
MTUM
5.40
iShrs Russell 1000 Gr Idx
IWF
3.50
iShrs S&P 500 Growth Idx
IVW
8.70
Jensen Quality Growth Instl
JENIX
6.10
Lazard Glb Listed Infra Inst
GLIFX
6.00
PowerShrs S&P 500 Low Volatility
SPLV
6.90
Core Funds Total 69.70
Cash
Cash
CASH
0.50
Cash Total 0.50
  • Fund holdings are subject to change at any time and are not recommendations to buy or sell any of the underlying funds.

    References to other mutual funds should not be considered an offer of these securities.

Capital Gain and Income Distributions $

Year Total Income Dividend Short Term Cap Gain Long Term Cap Gain Total Cap Gain Ex. Date
2001
0.2
N/A
N/A
N/A
01-02-02
2002
N/A
N/A
N/A
N/A
01-02-03
2003
N/A
N/A
N/A
N/A
11-18-12
2004
0.2937
N/A
0.4196
0.4196
11-17-12
2005
0.1680
0.4271
1.6401
2.0672
11-16-12
2006
0.60951
0.64858
1.75259
2.40117
01-03-07
2007
0.86418
1.10038
2.49727
3.59765
01-02-08
2008
0.00129
N/A
N/A
N/A
01-02-09
2009
0.13977
N/A
N/A
N/A
00-00-00
2010
0.03
N/A
N/A
N/A
01-03-12
2011
0.04427
N/A
N/A
N/A
01-03-12
2012
0.27879
N/A
N/A
N/A
01-02-13
2013
.12994
N/A
N/A
N/A
01-02-14
2014
0.1887
N/A
N/A
N/A
01-02-15
2015
0.25
N/A
N/A
N/A
01-04-16