Main page content

FundX Conservative Upgrader Fund

RELAX will be reorganized into an ETF on October 9, 2023
The Conservative Upgrader Fund (RELAX) is an active balanced approach that seeks growth and stability. With RELAX, you'll own an all-in-one portfolio of core stock funds and bond funds in one fund purchase.

Inception date

07/01/02

Invest directly or at major brokers

Minimum Investment

$1,000

No load
No redemption fee

Fund facts

Top holdings

as of 08/31/2023

Gateway Y
GTEYX
8.46
Value Line Capital Appreciation Instl
VLIIX
7.96
Fidelity Advisor Balanced I
FAIOX
7.62
Vanguard STAR Inv
VGSTX
7.50
FPA Crescent
FPACX
7.06
iShares Rusl Top 200 Gr
IWY
5.67
Invesco S&P 500 Top 50
XLG
5.64
Vanguard Growth Index
VUG
5.64
Vanguard Mega Cap Gr
MGK
5.53
Schwab US Lg Cp Gr
SCHG
5.49
View more
iShares Broad USD Invm Grd Corp
USIG
4.28
SPDR Portfolio High Yield Bond
SPHY
4.15
VanEck Fallen Angel High Yield Bond
ANGL
3.89
VanEck Morningstar Wide Moat
MOAT
3.53
Janus Henderson AAA CLO
JAAA
3.50
Vanguard Tot Bd Mkt
BND
3.17
First Trust Senior Loan Fund
FTSL
2.92
Osterweis Strat Inc
OSTIX
2.60
Vanguard Russell 1000 Gr
VONG
2.19
BlackRock Sustainable Balanced
MACPX
1.61
PIMCO Enh Sht Mat Strat
MINT
1.15
Fidelity Instl Cash Portfolios Govt Cl I
FIGXX
0.44

PORTFOLIO ALLOCATION

as of

% in portfolio

Core Equity
33.69
%
Balanced
31.75
%

FIXED INCOME

Intermediate Term Bonds
7.45
%
Low Volatility Equity
8.46
%
High Yield Bonds
8.04
%
Floating Rate Bonds
2.92
%
Short Term Bonds
4.65
%
Strategic Bonds
2.60
%
Cash
0.44
%
Total
100.00
%

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. Global allocation is based on the most recent data available from Morningstar.

This chart illustrates the performance of a hypothetical $10,000 investment made in the Fund for the period ending 08/30/2023. 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.

Month End
Performance % to 08/31/2023 1 Mo YTD 1 Yr
RELAX -1.13 3.99 4.07
Mnst GlbMkt Lrg-Mid -2.75 14.42 13.74
Balanced Index (60% S&P 500 / 40% Barc Agg Bond) -2.12 5.01 4.97
Gross expense ratio 2.02%
Net expense ratio 2.02%

(includes underlying fund expenses) 

 

Quarter End
Performance % to 06/30/2023 1 Yr 5 Yrs 10 Yrs Annualized Cumulative
RELAX 2.77 4.24 5.98 6.21 254.45
Mnst GlbMkt Lrg-Mid 16.38 7.91 N/A 0.00 0.00
Balanced Index (60% S&P 500 / 40% Barc Agg Bond) 8.02 6.84 7.71 8.05 408.14
Gross expense ratio 2.02%
Net expense ratio 2.02%

(includes underlying fund expenses) 

 

Top holdings

as of 08/31/2023

Gateway Y
GTEYX
8.46
Value Line Capital Appreciation Instl
VLIIX
7.96
Fidelity Advisor Balanced I
FAIOX
7.62
Vanguard STAR Inv
VGSTX
7.50
FPA Crescent
FPACX
7.06
iShares Rusl Top 200 Gr
IWY
5.67
Invesco S&P 500 Top 50
XLG
5.64
Vanguard Growth Index
VUG
5.64
Vanguard Mega Cap Gr
MGK
5.53
Schwab US Lg Cp Gr
SCHG
5.49
iShares Broad USD Invm Grd Corp
USIG
4.28
SPDR Portfolio High Yield Bond
SPHY
4.15
VanEck Fallen Angel High Yield Bond
ANGL
3.89
VanEck Morningstar Wide Moat
MOAT
3.53
Janus Henderson AAA CLO
JAAA
3.50
Vanguard Tot Bd Mkt
BND
3.17
First Trust Senior Loan Fund
FTSL
2.92
Osterweis Strat Inc
OSTIX
2.60
Vanguard Russell 1000 Gr
VONG
2.19
BlackRock Sustainable Balanced
MACPX
1.61
PIMCO Enh Sht Mat Strat
MINT
1.15
Fidelity Instl Cash Portfolios Govt Cl I
FIGXX
0.44

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. Global allocation is based on the most recent data available from Morningstar.

Portfolio Allocation

PORTFOLIO ALLOCATION

as of

% in portfolio

Core Equity
33.69
%
Balanced
31.75
%

FIXED INCOME

Intermediate Term Bonds
7.45
%
Low Volatility Equity
8.46
%
High Yield Bonds
8.04
%
Floating Rate Bonds
2.92
%
Short Term Bonds
4.65
%
Strategic Bonds
2.60
%
Cash
0.44
%
Total
100.00
%
Month End
Performance % to 08/31/2023 1 Mo YTD 1 Yr
RELAX -1.13 3.99 4.07
Mnst GlbMkt Lrg-Mid -2.75 14.42 13.74
Balanced Index (60% S&P 500 / 40% Barc Agg Bond) -2.12 5.01 4.97
Gross expense ratio 2.02%
Net expense ratio 2.02%

(includes underlying fund expenses) 

 

Quarter End
Performance % to 06/30/2023 1 Yr 5 Yrs 10 Yrs Annualized Cumulative
RELAX 2.77 4.24 5.98 6.21 254.45
Mnst GlbMkt Lrg-Mid 16.38 7.91 N/A 0.00 0.00
Balanced Index (60% S&P 500 / 40% Barc Agg Bond) 8.02 6.84 7.71 8.05 408.14
Gross expense ratio 2.02%
Net expense ratio 2.02%

(includes underlying fund expenses) 

 

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. For Performance data current to the most recent month end, please call 866-455-3863. Returns shown are cumulative, unless otherwise noted.

The Morningstar Global Market Large-Mid Cap Index measures the performance of developed and emerging countries across the world, targeting the top 90% of stocks by market capitalization. We are unable to present performance on the Morningstar index prior to its inception on 11/15/2016. The S&P 500 Index is a broad based unmanaged index of 500 U.S. stocks, which is widely recognized as representative of the U.S. equity market. The Bloomberg US 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.

How to Invest

FundX Funds & ETFs are available at major brokers, including Charles Schwab, Fidelity, Etrade, and more.