FundX Tactical Upgrader Fund (TACTX)

The FundX Tactical Upgrader Fund aims to deliver growth with less severe ups and downs than stocks.

With a focus on risk-managed performance, the fund uses sophisticated techniques generally reserved for hedge funds. TACTX offers the transparency, liquidity and accessibility of a mutual fund.

Who Should Invest?

The Tactical Upgrader Fund may complement either stock or bond investments. Investors use TACTX as a balancing element in an attempt to help dampen volatility in a diversified portfolio that includes stock funds. Investors may utilize TACTX as an complement to fixed income investing, especially when interest rates are rising. We believe the fund may be effective for both these purposes.

Purchase Information

Ticker TACTX
Inception Date: 2/29/2008
Assets: $41.7 Million
Minimum Investment: $1,000
Redemption Fee: None

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

This chart illustrates the performance of a hypothetical $10,000 investment made in the Fund on 12/31/09 for the period ending 3/31/2018. We changed the Tactical strategy substantially at the end of 2009; performance is shown from that date forward.) 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. Morningstar Long-Short equity funds hold sizable stakes in both long and short positions. You cannot invest directly in an index.

Average Annual Total Returns Quarter-End March 31st, 2018

1 Yr 5 Yrs 10 Yrs Since Inception 02/29/08
Tactical Upgrader
10.30
5.75
0.84
0.61
S&P 500 Index
13.99
13.31
9.49
9.36
Long-Short Equity
6.67
4.20
2.21
2.11

Current Total Returns Period Ending May 31st, 2018

          Average Annualized Return
1 Mo 3 Mo 6 Mo YTD 1 Yr 5 Yrs 10 Yrs Since
Inception
Tactical Upgrader
0.77
2.84
4.37
5.21
9.50
5.33
0.20
0.69
S&P 500 Index
2.41
0.19
3.16
2.02
14.38
12.98
9.14
9.50
Long-Short Equity
0.87
-0.45
0.65
-0.23
6.55
4.03
2.03
2.14
Expense Ratios
Gross 1.80

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 05-31-2018

Name
Ticker
Holding %
Sector Funds
First Trust DJ Internet
FDN
1.70
Goldman Sachs Commod Strat I
GCCIX
2.20
Sector Funds Total3.90
Aggressive Funds
PowerShrs QQQ Nasdaq 100
QQQ
3.60
Aggressive Funds Total3.60
Core Funds
Fidelity Contrafund
FCNTX
9.50
iShrs Edge USA Momentum Factor
MTUM
16.00
iShrs Russell 1000 Gr Idx
IWF
8.80
iShrs S&P 500 Growth Idx
IVW
5.50
SPDR DJIA Trust
DIA
5.20
Vanguard FTSE World Ex SmCp ETF
VSS
5.10
Core Funds Total50.10
Options
DIA US 6/29/18 C245
-0.10
DIA US 6/29/18 P242
-0.10
QQQ US 6/15/18 C164
-0.10
SPY US 6/15/18 P270
0.60
SPY US 6/29/18 P268
0.60
Options Total0.90
Cash
Cash
CASH
11.00
US Treas Bill 7/12/18
912796PQ6
17.00
US Treas Bill 7/19/18
912796MK2
10.60
US Treas Bill 8/23/18
912796PV5
2.80
Cash Total41.40

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 Date
2008
0.09322
N/A
N/A
N/A
01-02-09
2009
0.19418
N/A
N/A
N/A
01-04-10
2010
0.00
N/A
N/A
N/A
01-03-11
2011
N/A
N/A
N/A
N/A
01-03-12
2012
N/A
N/A
N/A
N/A
01-02-13
2013
N/A
N/A
N/A
N/A
01-02-14
2014
0.0457
N/A
N/A
N/A
01-02-15
2015
0.12
N/A
N/A
N/A
01-04-16
2016
0.07818
N/A
N/A
N/A
01-03-17
2017
0.0116
N/A
N/A
N/A
01-02-18