CGMFX — CGM Focus Fund
Data updated: 2023-03-14
CGMFX — CGM Focus Fund. Developed ex-US Multi-Cap / All-Cap Growth Equity · $313.78M AUM · 1.30% expense ratio. Holdings, fees, performance and SEC filings.
CGMFX Fund Overview
CGMFX — CGM Focus Fund is a US mutual fund managed by Cgm Trust, categorised as Developed ex-US Multi-Cap / All-Cap 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: Cgm Trust
- Category: Developed ex-US Multi-Cap / All-Cap Growth Equity
- Assets under management: $313.78M
- 1-year return: -12.5%
- Ticker: CGMFX
- SEC CIK: 0000060335
- SEC series ID: S000000876
- Share class ID: C000002494
CGMFX Investment Objective and Strategy
CGM Focus Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Cgm Trust.
Investment objective
The Funds investment objective is long-term growth of capital.
Principal investment strategy
The Funds investment objective is long term growth of capital. The Fund intends to pursue its objective by investing in a smaller number of companies, and/or in a more limited number of sectors than other diversified mutual funds. The Fund typically invests in stocks of between 20-100 companies at one time. The Fund is flexibly managed so that it can invest in equity securities in a variety of industries as well as in foreign companies. The Fund may invest in companies of any size, but primarily invests in companies with market capitalizations of more than $5 billion. If market conditions so warrant, the Fund may establish short positions in specific securities or stock indices. While the Fund expects to invest primarily in equity securities, the Fund may also invest in debt and fixed income securities, including below investment grade debt and/or fixed income securities, commonly referred to as junk bonds.
The Fund's investment adviser employs a flexible investment style and seeks to take advantage of opportunities as they arise. As a consequence of the Funds investment strategy, the Fund generally has a high rate of portfolio turnover.
CGMFX Holdings
Top 10 holdings of CGM Focus Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Meritage Homes Corp. | 7.98% |
| D.R. Horton, Inc. | 6.22% |
| Lennar Corporation | 5.91% |
| Dick's Sporting Goods, Inc. | 5.42% |
| Companhia Siderurgica Nacional | 5.22% |
| FedEx Corporation | 5.13% |
| Best Buy, Inc. | 5.12% |
| Signet Jewelers Limited | 4.98% |
| Aarons Inc | 4.84% |
| Pennymac Financial Services Inc | 4.78% |
CGMFX Portfolio Allocation
Asset-class allocation of CGM Focus Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.2% |
| Cash & Equivalents | 2.1% |
CGMFX Performance
Total returns for CGMFX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -12.5% |
| 3 years (annualised) | 2.5% |
CGMFX Risk Information
Risk metrics for CGMFX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 28.3%
CGMFX Costs and Fees
CGMFX costs about $130 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.30%
- Gross expense ratio: 1.30%
- Portfolio turnover: 905%
- Brokerage commissions: 139.48 bps of average net assets (SEC N-CEN)
CGMFX Cashflows
Over the 12 months to 2022-09, CGM Focus Fund had net outflows of $32.78M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-09 | −$703.29K |
| 2022-08 | −$1.56M |
| 2022-07 | −$1.22M |
| 2022-06 | −$2.45M |
| 2022-05 | −$1.81M |
| 2022-04 | −$2.60M |
CGMFX Debt Constituents
No individual debt constituents are reported in CGM Focus Fund's latest SEC N-PORT filing.
CGMFX Prospectus and SEC Filings
Official CGM Focus Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-04-29
- Prospectus (485BPOS) — filed 2021-04-29
- Prospectus (485BPOS) — filed 2020-05-14
- Portfolio holdings (N-PORT) — filed 2022-11-22
- Portfolio holdings (N-PORT) — filed 2022-08-22
- Portfolio holdings (N-PORT) — filed 2022-05-13
- Annual census (N-CEN) — filed 2023-03-14
- Annual census (N-CEN) — filed 2022-03-07
Related Funds
Other Developed ex-US Multi-Cap / All-Cap 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.