CANGX — CAN SLIM Tactical Growth Fund
Data updated: 2021-11-10
CANGX — CAN SLIM Tactical Growth Fund. Emerging Markets Growth Equity · $30.74M AUM · 1.43% expense ratio. Holdings, fees, performance and SEC filings.
CANGX Fund Overview
CANGX — CAN SLIM Tactical Growth Fund is a US mutual fund managed by Professionally Managed Portfolios, categorised as Emerging Markets Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Professionally Managed Portfolios
- Category: Emerging Markets Growth Equity
- Assets under management: $30.74M
- 1-year return: 29.9%
- Ticker: CANGX
- SEC CIK: 0000811030
- SEC series ID: S000004947
- Share class ID: C000013363
CANGX Investment Objective and Strategy
CAN SLIM Tactical Growth Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Professionally Managed Portfolios.
Investment objective
"The CAN SLIM Select Growth Fund (the ""Fund"") seeks long-term capital appreciation."
Principal investment strategy
"Under normal market conditions, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in cash and securities listed on, or indicated by, the CAN SLIM Select List, subject to certain parameters, as described below. This policy may only be changed upon 60 days' written notice to shareholders. The Fund may invest at any given time up to 25% of its net assets in foreign issuers that are not publicly traded in the United States, which may include emerging market securities. The Fund may also invest without limit in depositary receipts and in securities of foreign issuers that are listed and traded on a U.S. securities exchange. Additionally, the CAN SLIM Select List includes cash as a component and the Adviser may imitate this cash component by holding up to 80% of its portfolio in cash, which may result in missed growth opportunities for the Fund.
In pursuit of its investment strategy, the Fund attempts to imitate the CAN SLIM Select List of stocks published weekly on the Investor's Business Daily website. However, the CAN SLIM Select List is not an index and the Fund is not an index fund; it does not seek to fully replicate the CAN SLIM Select List. The CAN SLIM Select List tracks market-leading stocks that, in general, show strong earnings growth, positive institutional sponsorship and excellent industry strength, as well as solid sales growth, profit margins and return on equity. Stocks that meet these criteria may be drawn from large-, medium- or small-capitalization categories that also must meet minimum price and volume criteria. When fully invested, the Fund will typically hold between 50 to 100 positions. The Fund's initial position size for any individual stock will generally be no greater than 5% of the Fund's current asset size at time of purchase.
Similar to the CAN SLIM Select List, the Fund utilizes an aggressive growth strategy to invest in a combination of growth equity securities and cash equivalents. The Fund primarily invests in the common stocks of companies of any size market capitalization, ranging from larger, well-established companies to lesser-established, small- and micro-capitalization companies. The Fund may also invest in other investment companies (including business development companies), exchange-traded funds (""ETFs"") and similarly structured pooled investments for the purpose of gaining exposure to certain markets while maintaining liquidity. The Fund may, from time to time, have significant exposure to one or more sectors of the market. The Adviser may sell an individual holding either because its value has diminished to the extent it is no longer a viable security in the Fund's portfolio or because the Adviser wishes to reduce its exposure to a particular market in general.
However, a company that was an eligible CAN SLIM Select universe investment at the time of acquisition is not required to be sold even if it is no longer on the CAN SLIM Select List if, in the Adviser's judgment, it would not be in the Fund's best interest to sell the position."
CANGX Performance
Total returns for CANGX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 29.9% |
CANGX Risk Information
Risk metrics for CANGX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 11.2%
CANGX Costs and Fees
CANGX costs about $143 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.43%
- Gross expense ratio: 1.95%
- Portfolio turnover: 133%
- Brokerage commissions: 1.70 bps of average net assets (SEC N-CEN)
CANGX Cashflows
Over the 12 months to 2021-06, CAN SLIM Tactical Growth Fund had net inflows of $17.42M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-06 | $1.10M |
| 2021-05 | $537.69K |
| 2021-04 | $2.15M |
| 2021-03 | $1.55M |
| 2021-02 | $1.27M |
| 2021-01 | $1.02M |
CANGX Debt Constituents
No individual debt constituents are reported in CAN SLIM Tactical Growth Fund's latest SEC N-PORT filing.
CANGX Prospectus and SEC Filings
Official CAN SLIM Tactical Growth Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-08-04
- Prospectus (485BPOS) — filed 2018-08-07
- Prospectus supplement (497) — filed 2019-08-15
- Portfolio holdings (N-PORT) — filed 2021-08-27
- Portfolio holdings (N-PORT) — filed 2021-05-19
- Portfolio holdings (N-PORT) — filed 2021-02-24
- Annual census (N-CEN) — filed 2021-11-10
- Annual census (N-CEN) — filed 2021-06-10
Related Funds
Other Emerging Markets Growth Equity 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.