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Cognios Market Neutral Large Cap Fund Institutional Class (COGIX)

Net Asset Value
1 Day
Overall Morningstar Rating
Market neutral
Style or Category
No Load
Sales Expenses
Expense Ratio
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.


1 month-0.10% 3 years+6.83%
3 months-3.07% 5 years--
1 year+5.56% Since inception+5.85%
Data through --

Peer Comparisonvs. Market neutral

Performance 5-yr return--+1.10%
Expense ratio5.68%1.65%
Risk 5 year sharpe ratio--0.08
Net assets$93.4M$463.4M
Average market cap$26.4B$27.1B
Average P/E18.414.7
Portfolio turnover291%291%

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Fund Management and Purchase Info

Fund familyCognios
Fund manager & tenureJonathan Angrist / 3 Years
Minimal initial investment$100,000.00
Minimum IRA investment--


U.S. stock31.72%
International stock0.59%
Fixed income0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
GILD Gilead Sciences5.75%
DVA DaVita HealthCare Partners Inc5.45%
FFIV F5 Networks Inc5.38%
UPS UPS5.36%
GIS General Mills5.33%
PM Philip Morris5.33%
DNB Dun & Bradstreet Corp5.23%
MMM 3M5.20%
VRSN Verisign Inc5.12%
CA CA Inc5.12%

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