FundX has joined One Capital Management, LLC (OCM), a Southern California-based wealth management firm and registered investment adviser.
On September 1, 2021, the FundX Funds board and shareholders approved a new investment advisory agreement with OCM, and OCM became the Funds’ adviser in 2022.
The Funds’ longtime portfolio managers, strategies, history, and investment process remain the same. There is no change in the day-to-day management of the Funds' investment portfolios.
“One Capital shares our values and our mission to provide exceptional investment guidance and service to our clients and shareholders,” FundX Portfolio Manager Janet Brown said. “We continue to manage the Funds’ equity, sustainable, and fixed income portfolios with discipline, integrity, and with our investors’ best interests in mind.”
“FundX has a long history of serving investors with complementary investment strategies to One Capital, outstanding talent, and experience in ESG investing to enhance our service to clients,” said One Capital President Patrick Bowen.
FundX was one of the first advisers to use noload mutual funds to manage client accounts in 1969. It created the first FundX Fund in 2001, packaging one of its popular client portfolios as a mutual fund that was available to everyone. There are now five FundX Funds designed to meet a wide range of investor goals.