Sound Mind Investing Fund (SMIFX)
| Fund Assets | 98.61M |
| Expense Ratio | 1.48% |
| Min. Investment | $500 |
| Turnover | 210.62% |
| Dividend (ttm) | 0.06 |
| Dividend Yield | 0.63% |
| Dividend Growth | -57.45% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2024 |
| Previous Close | 9.93 |
| YTD Return | 0.71% |
| 1-Year Return | 3.04% |
| 5-Year Return | 46.50% |
| 52-Week Low | 8.41 |
| 52-Week High | 10.55 |
| Beta (5Y) | n/a |
| Holdings | 42 |
| Inception Date | Dec 2, 2005 |
About SMIFX
The Sound Mind Investing Fund is a mutual fund designed to achieve long-term capital appreciation through a distinctive momentum-based investment strategy known as Enhanced Stock Upgrading. This approach systematically identifies and invests in stock mutual funds and exchange-traded funds (ETFs) that have recently outperformed their peers, capitalizing on the tendency for strong performance to persist over the short term. The fund’s portfolio is diversified across seven risk categories, including large-cap value, large-cap growth, small- to mid-cap value, small- to mid-cap growth, international equities (with the flexibility to allocate to commodities and domestic ETFs), commodities, and non-diversified segments. Unique to the Sound Mind Investing Fund is its quantitative, rules-based discipline that seeks to keep the portfolio aligned with current market leadership. Underlying fund selection and replacement are data-driven, with continual monitoring to ensure lagging positions are replaced by those demonstrating superior momentum. The fund is categorized as aggressive allocation with a primary focus on equity exposure. Its structure enables both individual and institutional investors to access a professionally managed, actively rebalanced portfolio that adapts dynamically to shifting market conditions.
Performance
SMIFX had a total return of 3.04% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.78%.
Top 10 Holdings
99.02% of assets| Name | Symbol | Weight |
|---|---|---|
| SMI 3Fourteen Full-Cycle Trend ETF | FCTE | 54.23% |
| Aegis Value Fund Class I | AVALX | 9.15% |
| Cambria Global Value ETF | GVAL | 8.41% |
| First Trust Stoxx European Select Dividend Index Fund | FDD | 7.60% |
| Morgan Stanley Institutional Growth Portfolio Class I | MSEQX | 6.12% |
| Kinetics Paradigm Fund Class Institutional | KNPYX | 3.93% |
| Kinetics Market Opportunities Fund Class Institutional | KMKYX | 3.87% |
| Invesco International BuyBack Achievers ETF | IPKW | 3.30% |
| Global X Defense Tech ETF | SHLD | 1.23% |
| Fidelity Government Portfolio | FRGXX | 1.19% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2024 | $0.0631 | Dec 30, 2024 |
| Dec 29, 2023 | $0.1483 | Dec 29, 2023 |
| Dec 30, 2022 | $0.0804 | Jan 3, 2023 |
| Dec 30, 2021 | $4.3013 | Dec 31, 2021 |
| Dec 30, 2019 | $0.04764 | Dec 30, 2019 |
| Dec 31, 2018 | $2.19598 | Dec 31, 2018 |