Cognios Market Neutral Large Cap Fund Institutional Class (COGIX)

10.20
Net Asset Value
+0.20%
1 Day
+1.29%
Year-to-Date
Overall Morningstar Rating
Market neutral
Style or Category
No Load
Sales Expenses
3.63%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital independent of stock market direction. The fund seeks to achieve its investment objective by balancing "long" and "short" positions. To do this- the fund will buy (take long positions in) equity securities of U.S. companies that the Adviser believes are undervalued and more likely to appreciate and- at the same time- borrow and then sell (take short positions in) equity securities of U.S. companies that the Adviser believes are likely to underperform the long positions over time.

Performance

1 month+0.99% 3 years+2.58%
3 months-0.29% 5 years+5.08%
1 year+5.59% Since inception+4.49%
Data through --

Peer Comparisonvs. Market neutral

 COGIXCategory
Performance 5-yr return+5.08%+0.87%
Expense ratio3.63%1.64%
Risk 5 year sharpe ratio0.690.23
Net assets$62.0M$431.5M
Average market cap$27.2B$36.9B
Average P/E22.819.5
Portfolio turnover277%277%

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Fund Management and Purchase Info

Fund familyCognios
Fund manager & tenureJonathan Angrist / 5 Years
Minimal initial investment$100,000.00
Minimum IRA investment--

Holdings

Cash63.95%
U.S. stock37.86%
International stock0.00%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
AKAM Akamai Technologies Inc1.92%
DRI Darden Restaurants Inc1.84%
EVHC Envision Healthcare Corp1.83%
STZ Constellation Brands Inc1.78%
KORS Michael Kors1.78%
TPR Tapestry Inc1.77%
RL Ralph Lauren Corp1.76%
CHD Church & Dwight Co Inc1.76%
CLX Clorox Co1.75%
TGT Target1.75%