SGI U.S. Small Cap Core Equity Fund
Objective

The SGI U.S. Small Cap Core Equity mutual fund seeks long-term capital appreciation.

Investment Strategy
Team
David Harden
Chief Executive Officer / Chief Investment Officer

Dave is the founder and is ultimately responsible for all aspects of SGI. This includes overseeing investments, sales, operations, and compliance.

In Dave’s spare time he still manages SGI.

Aash M. Shah, CFA
Senior Portfolio Manager

Aash oversees the execution of both the quantitative and fundamental portions of the investment strategies.

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.

SGI U.S. Small Cap Core 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. Small-capitalization companies tend to have limited liquidity and greater price volatility than large-capitalization companies. 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.

For definitions of terms, please see our Glossary.

Portfolio Guidelines
Characteristics As Of December 31, 2022
Sector Weights
CharacteristicsBOGIXRussell 2000
Fund Assets ($ Million)89.29-
Number of Holdings1701948
Beta*0.941.00
Standard Deviation* (%)25.1926.02
Market Cap. ($ Billion)1.762.54
Price to Trailing Earnings13.2216.62
Price to Cash Flow9.5512.49
Price to Book1.822.15
Enterprise Value to Sales1.262.53
Debt as % of Assets22.2625.86
Return on Equity (%)17.6310.33
* Beta & Standard Deviation 36 months
Top 10 HoldingsTickerWeight
US DOLLARUSD1.62%
TITAN MACHINERY INCTITN1.55%
PROPETRO HOLDING CORPPUMP1.33%
ELF BEAUTY INCELF1.30%
LIBERTY ENERGY INCLBRT1.25%
TALOS ENERGY INCTALO1.15%
INTERNATIONAL MONEY EXPRESSIMXI1.11%
GROUP 1 AUTOMOTIVE INCGPI1.09%
MUELLER INDUSTRIES INCMLI1.07%
PJT PARTNERS INC - APJT1.07%
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 (October 01, 1999) Risk Statistics BOGIX Russell 2000
Annualized Standard Deviation 21.32% 20.38%
Return/Risk 0.48 0.38
Tracking Error 6.65% -
R-Squared 90.27% -
Alpha 2.61% -
Beta 0.99 -

Compliance Statement

Performance numbers for the most recent period are preliminary and subject to change. Returns for periods of less than one year are not annualized. Past performance is not a reliable indicator of future performance and should not be relied upon to make investment decisions. Investing involves risks including the possible loss of principal and fluctuation in value. Performance includes the reinvestment of dividends and other earnings.

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.

SGI U.S. Small Cap Core 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. Small-capitalization companies tend to have limited liquidity and greater price volatility than large-capitalization companies. 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.

For definitions of terms, please see our Glossary.

Total Returns As Of December 31, 2022

Past performance does not guarantee future results.
*Inception Date: 10/1/1999

BOGIX (Class I) Excess Returns Vs. Benchmark Results (Monthly)

Past performance does not guarantee future results. Performance for rolling periods other than monthly are different and are available upon request. The monthly rolling periods are calculated based on the strategy return minus the benchmark return. Outperformance is not indicative of positive absolute performance. Rolling periods calculated monthly since inception.

Calendar Year Returns
20222021202020192018201720162015201420132012201120102009200820072006200520042003200220012000
BOGIX-13.23%19.70%21.56%24.05%-16.00%17.07%19.77%-7.69%2.38%46.87%26.17%-4.92%29.25%45.88%-48.19%-5.49%15.48%17.38%10.86%58.80%-17.58%5.22%26.81%
Russell 2000-20.46%14.78%19.93%25.49%-11.03%14.63%21.28%-4.41%4.90%38.82%16.39%-4.18%26.81%27.09%-33.81%-1.58%18.33%4.51%18.28%47.27%-20.49%2.49%-3.08%

The performance data quoted represents past performance. Past performance does not guarantee future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than the performance shown. Current performance may be lower or higher than that shown here. Performance current to the most recent month-end may be obtained by calling (855) 744-8500. The gross expense ratio for Class I shares is currently contractually limited 1.23%.

Past performance does not guarantee future results.

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.

SGI U.S. Small Cap Core 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. Small-capitalization companies tend to have limited liquidity and greater price volatility than large-capitalization companies. 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.

For definitions of terms, please see our Glossary.

Fact Sheets
Small Cap Core Fund 2022 Q4
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 Sticker to SAI-Large Cap/Small Cap/Global Fund July 7th, 2021 Small Cap Core Fund (SAI) - Small Cap Growth Fund Sticker to Small Cap Growth Prospectus July 7th, 2021 Peak/Prudent Growth (Fund of Funds) (SAI) - Peak Growth/Prudent Growth Sticker to Peak/Prudent Growth/Conservative (Fund of Funds) July 7th, 2021 Sticker to Peak/Prudent Growth/Conservative (Fund of Funds) December 16th, 2021 Large Cap Equity VI Portfolio (SAI) - Large Cap Equity Portfolio VI SGI Funds IRA/Coverdell Account Disclosure
Other Fund Documents
Summit 2.28.22 Semi-Annual Report Summit 8.31.22 Annual Report SGI Large Cap N-Port Part F 5.31.22 SGI Small Cap N-Port Part F 5.31.22 SGI Global N-Port Part F 5.31.22 SGI Small Cap Core N-Port Part F 5.31.22 SGI Peak Growth N-Port Part F 5.31.22 SGI Prudent Growth N-Port Part F 5.31.22 SGI Large Cap N-Port Part F 11.30.21 SGI Small Cap N-Port Part F 11.30.21 SGI Global N-Port Part F 11.30.21 SGI Small Cap Core N-Port Part F 11.30.21 SGI Peak Growth N-Port Part F 11.30.21 SGI Prudent Growth N-Port Part F 11.30.21
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.

SGI U.S. Small Cap Core 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. Small-capitalization companies tend to have limited liquidity and greater price volatility than large-capitalization companies. 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.

For definitions of terms, please see our Glossary.

Legal Disclosures Contact © 2023 Summit Global Investments LLC