Monteagle Smart Diversification Fund
Data updated: 2023-11-03
C000211156 — Monteagle Smart Diversification Fund. Emerging Markets Real Estate · $14.52M AUM. Holdings, fees, performance and SEC filings.
C000211156 Fund Overview
Monteagle Smart Diversification Fund is a US mutual fund managed by Monteagle Funds, categorised as Emerging Markets Real Estate. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Monteagle Funds
- Category: Emerging Markets Real Estate
- Assets under management: $14.52M
- 1-year return: 1.1%
- SEC CIK: 0001045701
- SEC series ID: S000065233
- Share class ID: C000211156
C000211156 Investment Objective and Strategy
Monteagle Smart Diversification Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Monteagle Funds.
Investment objective
The investment objective of the Smart Diversification Fund (the Fund) is total return through a combination of capital appreciation and income.
Principal investment strategy
The Fund seeks to meet its investment objective by investing under normal market conditions at least 80% of its assets (defined as net assets plus any borrowing for investment purposes) measured at the time of purchase, in exchange-traded funds (ETFs) that invest in domestic and foreign (i) equity securities of all market capitalizations, (ii) fixed-income securities of any credit quality, (iii) commodities (e.g., gold), (iv) real estate investment trusts (REITs) and (iv) cash or cash equivalents. The foreign securities held by the underlying ETFs may include those in emerging markets. While the percentage invested in each asset class will change over time, the Fund invests primarily in equity securities and fixed income securities. The Fund may invest in fixed income securities of any credit quality (including high yield or junk bonds) and any maturity duration.
Luken Investment Analytics, LLC, the Funds investment sub-adviser, uses the Smart Diversification strategy, which is based on a proprietary quantitative model that uses trend analysis with a risk-management overlay to analyze each of the portfolios fixed income, equities, cash or cash equivalent, and commodities or REIT, asset classes in the portfolio. The model uses trend, strength, and risk indicators to determine the weighting of each asset class held in the portfolio. The Adviser ranks each investment type (asset class) using a proprietary system which considers medium to long-term price trends ranging from a few weeks (short-term) to several months (long-term). If equity markets are trending upward for the applicable period, assets are allocated into equity investments according to the proprietary models rules; and if equities are trending downward, the assets are primarily invested in fixed income securities, cash or alternatives as dictated by the applicable model.
These decisions are made by pre-set rules. Proprietary indicators are used for strength and risk and may affect the portfolios asset class weightings. The sub-adviser anticipates rebalancing the Funds portfolio based upon the sub-advisers proprietary indicators. A consequence of the Sub-advisers strategy, under certain market conditions, is high turnover. During protracted economic downturns, the sub-adviser may utilize defensive positioning, by increasing portfolio allocations to cash, fixed-income ETFs and alternative/specialty ETFs. Alternative or specialty ETFs are selected to provide positive returns and diversification. These may include ETFs linked to commodities, gold and managed futures. A consequence of the Sub-advisers strategy, under certain market conditions, is high turnover.
The Sub-adviser sees active trading as necessary to address market disturbances, volatility and the like.
C000211156 Performance
Total returns for C000211156 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 1.1% |
| 3 years (annualised) | 1.8% |
C000211156 Risk Information
Risk metrics for C000211156, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 17.2%
C000211156 Costs and Fees
C000211156 costs about $166 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.66%
- Gross expense ratio: 1.53%
- Portfolio turnover: 359%
- Brokerage commissions: 0.03 bps of average net assets (SEC N-CEN)
C000211156 Cashflows
Over the 12 months to 2023-08, Monteagle Smart Diversification Fund had net outflows of $10.72M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-08 | −$729.64K |
| 2023-07 | −$2.51M |
| 2023-06 | −$351.18K |
| 2023-05 | −$696.04K |
| 2023-04 | −$910.31K |
| 2023-03 | −$591.41K |
C000211156 Debt Constituents
No individual debt constituents are reported in Monteagle Smart Diversification Fund's latest SEC N-PORT filing.
C000211156 Prospectus and SEC Filings
Official Monteagle Smart Diversification Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-12-27
- Prospectus (485BPOS) — filed 2021-12-30
- Prospectus (485BPOS) — filed 2021-01-07
- Portfolio holdings (N-PORT) — filed 2023-10-26
- Portfolio holdings (N-PORT) — filed 2023-07-11
- Portfolio holdings (N-PORT) — filed 2023-04-19
- Annual census (N-CEN) — filed 2023-11-03
- Annual census (N-CEN) — filed 2022-11-14
Related Funds
Other Emerging Markets Real Estate funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.