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The following chart shows the year-by-year performance of the FundX Upgrader Funds.
| FUNDX |
-15.07 |
33.13 |
13.21 |
14.14 |
20.80 |
15.06 |
-42.37 |
23.29 |
| HOTFX |
N/A |
41.81 |
10.69 |
17.62 |
20.33 |
19.14 |
-43.33 |
23.27 |
| RELAX |
N/A |
29.07 |
12.85 |
7.83 |
17.72 |
7.37 |
-26.61 |
19.81 |
| INCMX |
N/A |
15.78 |
4.93 |
1.99 |
8.55 |
4.99 |
-0.23 |
9.06 |
| UNBOX |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
-39.54 |
20.08 |
| REMIX |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
-41.59 |
17.10 |
TACTX |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
2.86 |
| S&P 500 Index |
-22.10 |
28.66 |
10.88 |
4.90 |
15.72 |
5.43 |
-37.03 |
26.41 |
| Barc Agg Bond Index |
N/A |
6.91 |
4.34 |
2.43 |
4.33 |
6.97 |
5.24 |
5.93 |
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 current to the most recent month end can be obtained by clicking here. Returns shown are cumulative, capital gains and dividends reinvested. The Funds impose a 2% redemption fee on shares held less than one month.
Only full calendar year performance is shown above. You can find the inception dates for each of the Funds in the table below:
Inception Dates for the FundX Upgrader Funds are noted below
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| FundX Upgrader Fund (FUNDX) |
11/01/2001 |
| FundX Aggressive Upgrader Fund (HOTFX) |
07/01/2002 |
| FundX Conservative Upgrader Fund (RELAX) |
07/01/2002 |
| FundX Flexible Income Fund (INCMX) |
07/01/2002 |
| FundX ETF Upgrader Fund (REMIX) |
01/31/2007 |
| FundX Aggressive ETF Upgrader (UNBOX) |
01/31/2007 |
| FundX Tactical Upgrader Fund (TACTX) |
02/29/2008 |
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.
The Lehman Brothers U.S. Aggregate Bond Index is a market-capitalization-weighted index of investment-grade fixed-rate debt issues, including government, corporate, asset-backed, and mortgage-backed securities, with maturities of at least one year. You cannot invest directly in an index.
A Word About Risk
Mutual fund investing involves risk. Principal loss is possible. Because most of the Funds are “fund of funds”, an investor will indirectly bear the principal risks of the underlying funds, including but not limited to, risks associated with smaller companies, foreign securities, emerging markets,
non-diversification, high yield bonds, fixed income investments and short sales.
• Small- and medium-capitalization companies tend to have limited liquidity and greater price volatility than large capitalization companies.
• Growth stocks typically are more volatile than value stocks; however, value stocks have a lower expected growth rate in earnings and sales.
• Investments in foreign securities involve greater volatility and political, economic and currency risks and differences in accounting methods.
• Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities.
Please consult your investment professional regarding your particular investment situation. While the funds invest in noload mutual funds, all mutual funds charge management fees and other operating expenses. Please refer to the prospectus for important information about the FUNDX Upgrader Funds, including investment objectives, risks, charges and expenses.
The adviser has an agreement in place to limit expenses of the funds. Investment performance reflects voluntary fee waivers in effect for the Agressive Upgrader, Conservative Upgrader and Flexible Income Funds. Currently expenses have not exceeded the limit for the Upgrader Fund. In the absence of such waivers total return would be reduced.
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