FundX Upgrader Fund (FUNDX)

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: $266 Million
Minimum Investment: $1,000
Redemption Fee: 2% under 30 Days
  • Small- and medium-capitalization companies tend to have limited liquidity and greater price volatility than large-capitalization companies.
  • Investments in foreign securities involve greater volatility and political, economic and currency risks and differences in accounting methods.
  • ETF Trading Risk – Because the funds invest in ETFs, they are subject to additional risks that do not apply to conventional mutual funds, including the risks that the market price of an ETF’s shares may trade at a discount to its net asset value ("NAV"), an active secondary trading market may not develop or be maintained, or trading may be halted by the exchange in which they trade, which may impact a Fund’s ability to sell its shares.

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 Since Inception on 11/1/2001 for the period ending 6/30/2011.  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. You cannot invest directly in an index.

Average Annual Total Returns Quarter-End Dec 31, 2011

  1 Year 5 Years 10 Years Since Inception 11/1/01
FundX Upgrader Fund -4.66 -2.64   5.10
S&P 500 Index 2.04 -0.31   3.44

Current Total Returns Period Ending December 31, 2011

            Average Annualized Return
  1 Mo 3 Mo 6 Mo YTD 1 Year 5 Years 10 Years Since Inception
11/1/01
FundX Upgrader Fund 0.22 9.82 -9.56 -4.66 -4.66 -2.64 4.44 5.10
S&P 500 Index 1.03 11.74 -3.75 2.04 2.04 -0.31 2.89 3.44
Expense Ratios
Gross 1.93%
Net 1.21%

 

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. Performance data
shown does not reflect the 2.00% redemption fee imposed on shares held within 30 days. If it did, total returns would be reduced.

Net expense ratio reflects the Fund expenses without Acquired Fund Fees and Expenses.

  • Small- and medium-capitalization companies tend to have limited liquidity and greater price volatility than large-capitalization companies.
  • Investments in foreign securities involve greater volatility and political, economic and currency risks and differences in accounting methods.
  • ETF Trading Risk – Because the funds invest in ETFs, they are subject to additional risks that do not apply to conventional mutual funds, including the risks that the market price of an ETF’s shares may trade at a discount to its net asset value ("NAV"), an active secondary trading market may not develop or be maintained, or trading may be halted by the exchange in which they trade, which may impact a Fund’s ability to sell its shares.

Holdings as of 12-31-2011

Name
Ticker
Holding %
Speculative Funds
Brown Cap Mgm Sm Co
BCSIX
1.69
Consumer Staples SPDR
XLP
2.04
iShrs Nasdaq Biotechnol
IBB
1.06
Market Vectors Gold Min
GDX
1.01
MFS Massachussetts Inve
MGTIX
2.32
PowerShrs QQQ Trust
QQQ
4.77
SPDR Gold Trust
GLD
0.95
Technology SPDR
XLK
1.00
Touchstone Sands Capita
CFSIX
1.27
TRPrice Health Science
PRHSX
1.35
TRPrice New Horizon
PRNHX
2.93
Utilities Select Sector
XLU
2.07
Value Line
VLIFX
0.18
WellsF Adv Growth
SGRNX
3.36
Yacktman Focused
YAFFX
1.99
Speculative Funds Total 27.99
Core Funds
Dreyfus Appreciation Fu
DGAGX
5.44
Federated Strat Val Div
SVAIX
5.37
Fidelity Adv Gr Opportu
FAGCX
3.89
Hussman Strategic Growt
HSGFX
0.89
iShrs DJ Select Div Idx
DVY
6.91
iShrs Russell 1000 Gr I
IWF
6.36
iShrs S&P 500 Gr Idx
IVW
7.50
Matthews Asian Gro & In
MACSX
0.00
Sequoia (d)
SEQUX
1.33
SPDR DJIA Trust
DIA
2.13
SPDR S&P Dividend
SDY
2.55
TRPrice Blue Chip
TRBCX
5.03
Vanguard Dividend Gr
VDIGX
5.41
Vanguard Growth ETF
VUG
5.42
WisdomTree Div xFincl
DTN
5.60
WisdomTree LrgC Div
DLN
1.24
Yacktman
YACKX
6.52
Core Funds Total 71.59
Cash
Cash
CASH
0.42
Cash Total 0.42
  • Small- and medium-capitalization companies tend to have limited liquidity and greater price volatility than large-capitalization companies.
  • Investments in foreign securities involve greater volatility and political, economic and currency risks and differences in accounting methods.
  • ETF Trading Risk – Because the funds invest in ETFs, they are subject to additional risks that do not apply to conventional mutual funds, including the risks that the market price of an ETF’s shares may trade at a discount to its net asset value ("NAV"), an active secondary trading market may not develop or be maintained, or trading may be halted by the exchange in which they trade, which may impact a Fund’s ability to sell its shares.

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

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
2011 .04427 None None None 1/3/12
2010 0.03 None None None 1/3/11
2009 0.13977 None None None 1/4/10
2008 0.00129 None None None 1/2/09
2007 0.86418 1.10038 2.49727 3.59765 1/2/08
2006 0.60951 0.64858 1.75259 2.40117 1/3/07
2005 0.1680 0.4271 1.6401 2.0672 1/3/06
2004 0.2937 None 0.4196 0.4196 1/3/05
2003 None None None None 1/2/04
2002 None None None None 1/2/03
2001 0.1932 None None None 1/2/02
  • Small- and medium-capitalization companies tend to have limited liquidity and greater price volatility than large-capitalization companies.
  • Investments in foreign securities involve greater volatility and political, economic and currency risks and differences in accounting methods.
  • ETF Trading Risk – Because the funds invest in ETFs, they are subject to additional risks that do not apply to conventional mutual funds, including the risks that the market price of an ETF’s shares may trade at a discount to its net asset value ("NAV"), an active secondary trading market may not develop or be maintained, or trading may be halted by the exchange in which they trade, which may impact a Fund’s ability to sell its shares.