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Upgrader Fund

The Upgrader Fund (FUNDX) is a simple way to own a portfolio of diversified stock funds that is actively managed to navigate changing markets. FUNDX could be a core holding for investors looking to build wealth over time by taking market-level risk.

Inception date

11/01/01

Invest directly or at major brokers

Minimum Investment

$1,000

No load
No redemption fee

Fund facts

Top holdings

as of 05/31/2020

Polen Growth Fund I
POLIX
14.90
Calvert Equity I
CEYIX
12.10
Brown Advisory Sustainable Gr I
BAFWX
11.30
Merger Fund I
MERIX
10.40
Fidelity Convertible Sec
FCVSX
9.90
Invesco Summit Y
ASMYX
8.60
Akre Focus I
AKRIX
6.10
Vanguard Mega Cap 300 Growth
MGK
4.80
Fidelity Blue Chip Growth
FBGRX
4.70
Infinity Q Diversi Alpha I
IQDNX
4.50
View more
iShares Core Moderate Allocation
AOM
3.50
TransAm Cap Growth
TFOIX
3.30
TransAm US Growth
TDEIX
2.20
Salient Tactical Growth I
FTGWX
1.80
Amplify BlackSwan Growth & Treasury Core
SWAN
1.70
Cash
CASH
0.20

Global Allocation

as of 05/31/2020

North America
94.76%
Asia Emerging
1.72%
United Kingdom
0.93%
Europe Developed
0.92%
Africa/Middle East
0.56%
Japan
0.56%
Asia Developed
0.33%
Latin America
0.15%
Australasia
0.04%
Europe Emerging
0.01%

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 05/31/2020. 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 05/31/2020 1 Mo YTD 1 Yr
FUNDX 6.13 -3.11 9.95
Mnst GlbMkt Lrg-Mid 4.58 -9.28 5.19
S&P 500 Index 4.76 -4.97 12.84
Gross expense ratio 1.84%
Net expense ratio 1.84%

(includes underlying fund expenses) The advisor has contractually agreed to a fee waiver through January 31, 2021.

Quarter End
Performance % to 03/31/2020 1 Yr 5 Yrs 10 Yrs Annualized Cumulative
FUNDX -8.62 3.48 7.01 6.56 222.38
Mnst GlbMkt Lrg-Mid -11.58 2.79 6.00 6.09 196.73
S&P 500 Index -6.98 6.73 10.53 6.97 245.53
Gross expense ratio 1.84%
Net expense ratio 1.84%

(includes underlying fund expenses) The advisor has contractually agreed to a fee waiver through January 31, 2021.

Top holdings

as of 05/31/2020

Polen Growth Fund I
POLIX
14.90
Calvert Equity I
CEYIX
12.10
Brown Advisory Sustainable Gr I
BAFWX
11.30
Merger Fund I
MERIX
10.40
Fidelity Convertible Sec
FCVSX
9.90
Invesco Summit Y
ASMYX
8.60
Akre Focus I
AKRIX
6.10
Vanguard Mega Cap 300 Growth
MGK
4.80
Fidelity Blue Chip Growth
FBGRX
4.70
Infinity Q Diversi Alpha I
IQDNX
4.50
iShares Core Moderate Allocation
AOM
3.50
TransAm Cap Growth
TFOIX
3.30
TransAm US Growth
TDEIX
2.20
Salient Tactical Growth I
FTGWX
1.80
Amplify BlackSwan Growth & Treasury Core
SWAN
1.70
Cash
CASH
0.20

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.

Global Allocation

as of 05/31/2020

North America
94.76%
Asia Emerging
1.72%
United Kingdom
0.93%
Europe Developed
0.92%
Africa/Middle East
0.56%
Japan
0.56%
Asia Developed
0.33%
Latin America
0.15%
Australasia
0.04%
Europe Emerging
0.01%
Month End
Performance % to 05/31/2020 1 Mo YTD 1 Yr
FUNDX 6.13 -3.11 9.95
Mnst GlbMkt Lrg-Mid 4.58 -9.28 5.19
S&P 500 Index 4.76 -4.97 12.84
Gross expense ratio 1.84%
Net expense ratio 1.84%

(includes underlying fund expenses) The advisor has contractually agreed to a fee waiver through January 31, 2021.

Quarter End
Performance % to 03/31/2020 1 Yr 5 Yrs 10 Yrs Annualized Cumulative
FUNDX -8.62 3.48 7.01 6.56 222.38
Mnst GlbMkt Lrg-Mid -11.58 2.79 6.00 6.09 196.73
S&P 500 Index -6.98 6.73 10.53 6.97 245.53
Gross expense ratio 1.84%
Net expense ratio 1.84%

(includes underlying fund expenses) The advisor has contractually agreed to a fee waiver through January 31, 2021.

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 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 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.

How to Invest

Available at Charles Schwab, Fidelity, Etrade, TD Ameritrade and Vanguard.
Minimum investment: $1,000