Catalyst Nasdaq-100 Hedged Equity Fund Class A (CLPAX)
| Fund Assets | 16.78M |
| Expense Ratio | 1.87% |
| Min. Investment | $2,500 |
| Turnover | 35.00% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 13.75 |
| YTD Return | 5.89% |
| 1-Year Return | 9.75% |
| 5-Year Return | 40.69% |
| 52-Week Low | 11.24 |
| 52-Week High | 13.84 |
| Beta (5Y) | n/a |
| Holdings | 107 |
| Inception Date | Dec 31, 2013 |
About CLPAX
The Catalyst Nasdaq-100 Hedged Equity Fund Class A is a mutual fund designed to achieve long-term capital appreciation by investing primarily in the equity securities comprising the NASDAQ-100 Index. This large-cap growth index is composed of the 100 largest non-financial companies listed on the Nasdaq, featuring leading names in technology, communications, and consumer sectors. To manage market volatility, the fund employs a distinct hedging strategy overlay that utilizes volatility instruments, such as VIX futures and index options, mimicking the Equity Armor Investments VOL 365 Strategy. This approach seeks to provide a degree of protection against adverse market movements without materially sacrificing potential equity gains. The fund’s portfolio is typically concentrated in major tech companies like Apple, Microsoft, and NVIDIA, along with positions in exchange-traded funds and cash equivalents. With an equity hedged classification and a focus on risk-mitigation alongside growth, the Catalyst Nasdaq-100 Hedged Equity Fund Class A serves investors seeking exposure to growth-oriented equities with an added layer of volatility management within the U.S. mutual fund landscape.
Performance
CLPAX had a total return of 9.75% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.35%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FZANX | Fidelity | Fidelity Advisor New Insights Fund - Class Z | 0.53% |
| FNICX | Fidelity | Fidelity Advisor New Insights Fund - Class C | 1.65% |
| FFIDX | Fidelity | Fidelity Fund | 0.43% |
| FDESX | Fidelity | Fidelity Advisor Diversified Stock Fund - Class O | 0.41% |
| FNITX | Fidelity | Fidelity Advisor New Insights Fund - Class M | 1.15% |
Top 10 Holdings
53.44% of assets| Name | Symbol | Weight |
|---|---|---|
| Invesco QQQ Trust Series I | QQQ | 20.38% |
| Apple Inc. | AAPL | 6.63% |
| Microsoft Corporation | MSFT | 5.68% |
| NVIDIA Corporation | NVDA | 5.38% |
| Amazon.com, Inc. | AMZN | 4.09% |
| Broadcom Inc. | AVGO | 2.65% |
| Meta Platforms, Inc. | META | 2.55% |
| Costco Wholesale Corporation | COST | 2.09% |
| Netflix, Inc. | NFLX | 2.03% |
| Tesla, Inc. | TSLA | 1.96% |