SGI U.S. Large Cap Equity Fund
Objective

The SGI U.S. Large Cap Equity mutual fund seeks to outperform the S&P 500 Index over a market cycle, while reducing overall volatility.

Investment Strategy
Team
Disclaimers

Diversification does not ensure a profit, nor does it protect against a loss in a declining market.

The Fund’s investment objectives, risks, charges, and expenses must be considered carefully before investing. The Prospectus contains this and other important information about the investment companies. A hard copy may be obtained by calling (800) 531-5142. Read the Prospectus carefully before investing.

The Funds are distributed by Quasar Distributors, LLC.

The Funds are offered only to United States residents, and information on this web site is intended only for such persons. Nothing on this web site should be considered a solicitation to buy or an offer to sell shares of any Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.

Effective May 1, 2019, the Summit Global Investments U.S. Low Volatility Equity Fund was renamed the SGI U.S. Large Cap Equity Fund.

SGI U.S. Large Cap Equity Fund - Equity securities (stocks) are subject to market, economic, and business risks that will cause their price to rise or fall over time. The net asset value per share of the Fund will fluctuate as the value of the securities in the portfolio change and an investor may lose money. Although the Fund seeks lower volatility, there is no guarantee the Fund will perform as expected. Investing in other investment companies, including ETFs, may result in duplication of expenses, including advisory fees, in addition to the Fund’s own expenses and will be subject to the risks of the underlying investments. The stocks of mid-sized companies may be subject to more abrupt or erratic market movements than stocks of larger companies.

The S&P 500 is widely regarded as the best single gauge of large cap U.S. equities. The index includes 500 leading companies and captures approximately 80% coverage of available market capitalization. It is not possible to invest directly in an index.

Portfolio Guidelines
Characteristics As Of December 31, 2019
Sector Weights
CharacteristicsSILVXS&P 500
Fund Assets ($ Million)567.81-
Number of Holdings104506
Beta*0.851.00
Standard Deviation* (%)10.7415.26
Market Cap. ($ Billion)30.53127.08
Price to Trailing Earnings25.8224.09
Price to Cash Flow18.7317.54
Price to Book4.754.76
Enterprise Value to Sales4.444.59
Debt as % of Assets38.6830.62
Dividend Yield (%)**1.861.82
Return on Equity (%)20.0720.62
* Beta & Standard Deviation 36 months
** Dividend yield weighted average, all other data weighted median
Top 10 HoldingsTickerWeight
NVR INCNVR2.75%
S&P GLOBAL INCSPGI2.74%
VERIZON COMMUNICATIONS INCVZ2.65%
ESSEX PROPERTY TRUST INCESS2.63%
WALMART INCWMT2.63%
FLOWERS FOODS INCFLO2.51%
AMERICAN WATER WORKS CO INCAWK2.43%
TORO COTTC2.21%
EQUITY LIFESTYLE PROPERTIESELS2.20%
TJX COMPANIES INCTJX2.16%
Fund holdings and sector allocations are subject to change at any time and should not be considered a recommendation to buy or sell any security.
Risk Statistics
Since Inception (February 01, 2011) Risk StatisticsSILVXS&P 500
Annualized Standard Deviation9.45%10.74%
Return/Risk1.431.40
Tracking Error4.63%-
R-Squared81.48%-
Alpha1.58%-
Beta0.79-
Disclaimers

Diversification does not ensure a profit, nor does it protect against a loss in a declining market.

The Fund’s investment objectives, risks, charges, and expenses must be considered carefully before investing. The Prospectus contains this and other important information about the investment companies. A hard copy may be obtained by calling (800) 531-5142. Read the Prospectus carefully before investing.

The Funds are distributed by Quasar Distributors, LLC.

The Funds are offered only to United States residents, and information on this web site is intended only for such persons. Nothing on this web site should be considered a solicitation to buy or an offer to sell shares of any Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.

Effective May 1, 2019, the Summit Global Investments U.S. Low Volatility Equity Fund was renamed the SGI U.S. Large Cap Equity Fund.

SGI U.S. Large Cap Equity Fund - Equity securities (stocks) are subject to market, economic, and business risks that will cause their price to rise or fall over time. The net asset value per share of the Fund will fluctuate as the value of the securities in the portfolio change and an investor may lose money. Although the Fund seeks lower volatility, there is no guarantee the Fund will perform as expected. Investing in other investment companies, including ETFs, may result in duplication of expenses, including advisory fees, in addition to the Fund’s own expenses and will be subject to the risks of the underlying investments. The stocks of mid-sized companies may be subject to more abrupt or erratic market movements than stocks of larger companies.

The S&P 500 is widely regarded as the best single gauge of large cap U.S. equities. The index includes 500 leading companies and captures approximately 80% coverage of available market capitalization. It is not possible to invest directly in an index.

Total Returns As Of December 31, 2019
Inception Date: February 01, 2011
Fund Excess Returns Vs. Benchmark Results (Monthly)
Calendar Year Returns
2019201820172016201520142013
SILVX27.01%0.19%16.41%8.84%3.57%14.94%27.71%
S&P 50031.47%-4.39%21.82%11.95%1.37%13.68%32.37%
Disclaimers

Diversification does not ensure a profit, nor does it protect against a loss in a declining market.

The Fund’s investment objectives, risks, charges, and expenses must be considered carefully before investing. The Prospectus contains this and other important information about the investment companies. A hard copy may be obtained by calling (800) 531-5142. Read the Prospectus carefully before investing.

The Funds are distributed by Quasar Distributors, LLC.

The Funds are offered only to United States residents, and information on this web site is intended only for such persons. Nothing on this web site should be considered a solicitation to buy or an offer to sell shares of any Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.

Effective May 1, 2019, the Summit Global Investments U.S. Low Volatility Equity Fund was renamed the SGI U.S. Large Cap Equity Fund.

SGI U.S. Large Cap Equity Fund - Equity securities (stocks) are subject to market, economic, and business risks that will cause their price to rise or fall over time. The net asset value per share of the Fund will fluctuate as the value of the securities in the portfolio change and an investor may lose money. Although the Fund seeks lower volatility, there is no guarantee the Fund will perform as expected. Investing in other investment companies, including ETFs, may result in duplication of expenses, including advisory fees, in addition to the Fund’s own expenses and will be subject to the risks of the underlying investments. The stocks of mid-sized companies may be subject to more abrupt or erratic market movements than stocks of larger companies.

The S&P 500 is widely regarded as the best single gauge of large cap U.S. equities. The index includes 500 leading companies and captures approximately 80% coverage of available market capitalization. It is not possible to invest directly in an index.

Fact Sheets
US Large Cap Low Volatility Q4 2019 - SILVX
Mutual Fund Direct Account Applications
SGI Funds IRA Application SGI Funds New Account Application SGI Funds Coverdell Account Application SGI Funds IRA Transfer/Rollover Form SGI Funds IRA/Qualified Plan Distribution Form SGI Funds IRA Beneficiary Change Form SGI Funds Transfer on Death Form SGI Funds Entity Application Form SGI Funds Account Options Form
Prospectus
Large Cap/Small Cap/Global Funds (SAI) - Large Cap/Small Cap/Global Fund SGI Funds IRA/Coverdell Account Disclosure Combined Sticker to Prospectus May 2019
Other Fund Documents
Summit 2.28.19 Semi-Annual Report Summit 8.31.19 Annual Report
Disclaimers

Diversification does not ensure a profit, nor does it protect against a loss in a declining market.

The Fund’s investment objectives, risks, charges, and expenses must be considered carefully before investing. The Prospectus contains this and other important information about the investment companies. A hard copy may be obtained by calling (800) 531-5142. Read the Prospectus carefully before investing.

The Funds are distributed by Quasar Distributors, LLC.

The Funds are offered only to United States residents, and information on this web site is intended only for such persons. Nothing on this web site should be considered a solicitation to buy or an offer to sell shares of any Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.

Effective May 1, 2019, the Summit Global Investments U.S. Low Volatility Equity Fund was renamed the SGI U.S. Large Cap Equity Fund.

SGI U.S. Large Cap Equity Fund - Equity securities (stocks) are subject to market, economic, and business risks that will cause their price to rise or fall over time. The net asset value per share of the Fund will fluctuate as the value of the securities in the portfolio change and an investor may lose money. Although the Fund seeks lower volatility, there is no guarantee the Fund will perform as expected. Investing in other investment companies, including ETFs, may result in duplication of expenses, including advisory fees, in addition to the Fund’s own expenses and will be subject to the risks of the underlying investments. The stocks of mid-sized companies may be subject to more abrupt or erratic market movements than stocks of larger companies.

The S&P 500 is widely regarded as the best single gauge of large cap U.S. equities. The index includes 500 leading companies and captures approximately 80% coverage of available market capitalization. It is not possible to invest directly in an index.

Legal Disclosures Contact © 2020 Summit Global Investments LLC