CLSHX — CLS Shelter Fund
Data updated: 2021-12-29
CLSHX — CLS Shelter Fund. Money Market · $129.64M AUM · 1.47% expense ratio · 21.0% 1-yr return. Holdings, fees, performance and SEC filings.
CLSHX Fund Overview
CLSHX — CLS Shelter Fund is a US mutual fund managed by Advisorone Funds, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Advisorone Funds
- Category: Money Market
- Assets under management: $129.64M
- 1-year return: 21.0%
- Ticker: CLSHX
- SEC CIK: 0001029068
- SEC series ID: S000027173
- Share class ID: C000082001
CLSHX Investment Objective and Strategy
CLS Shelter Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Advisorone Funds.
Investment objective
The Funds primary investment objective is limiting the impact of large equity market declines.
Principal investment strategy
The Fund invests primarily in U.S. Treasury bills, individual equity securities, money market funds, exchange traded funds (ETFs), open-end mutual funds and closed-end funds that each invest primarily in equity securities (common stock and securities convertible into common stock). This group of ETFs and funds is referred to as Underlying Funds. Equity securities, whether purchased directly or indirectly through Underlying Funds, are not restricted by issuer capitalization or country. The Funds investment adviser, CLS Investments, LLC (CLS), seeks to achieve the Funds investment objectives by using a variety of strategies. CLS will seek to shelter the Funds portfolio from large equity market declines by investing a portion of the Funds assets for protection in low and minimum volatility equity ETFs, money market funds, and U.S.
Treasury bills. Low and minimum volatility investments are ones that tend not to appreciate or depreciate significantly over short periods of time. As with any mutual fund, there is no guarantee that the Fund will achieve its goal. CLS will use the following principal investment strategies: ? Using a tactical allocation model to determine what portion of the Funds portfolio should be invested for growth of capital and what portion of the Funds portfolio should be sheltered by investing for protection. ? Investing the protection portion of the Funds portfolio in low and minimum volatility equity ETFs, money market funds, and U.S. Treasury bills in order to reduce the impact of large equity market declines. ? Investing the growth of capital portion of the Funds portfolio in (i) Underlying Funds that seek capital growth or appreciation by investing primarily in common stock or securities convertible into or exchangeable for common stock (such as convertible preferred stock, convertible debentures or warrants), including the stock of foreign issuers, or (ii) individual securities that may provide capital appreciation.
CLS actively manages the growth of capital portion of the Funds portfolio by increasing or decreasing the Funds investment in particular equity asset classes, sectors, regions and countries, or in a particular security, based on its assessment of the opportunities using fundamental and technical analysis. Allocation of Fund assets between growth of capital and protection is influenced by the current market prices of the Funds investments. As prices decline, the Fund is more likely to invest in assets for protection. Likewise, as prices increase, the Fund is more likely to invest in assets for growth of capital. CLS projects that the Funds risk will be similar to a globally diversified equity portfolio composed of 80% U.S. stocks and 20% international stocks. CLS may engage in frequent buying and selling of securities to achieve the Funds objectives.
The execution of the Funds strategy may involve frequent trading.
CLSHX Performance
Total returns for CLSHX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 21.0% |
| 3 years (annualised) | 4.7% |
CLSHX Risk Information
Risk metrics for CLSHX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 8.4%
CLSHX Costs and Fees
CLSHX costs about $147 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.47%
- Gross expense ratio: 1.47%
- Portfolio turnover: 377%
- Brokerage commissions: 3.44 bps of average net assets (SEC N-CEN)
CLSHX Cashflows
Over the 12 months to 2021-10, CLS Shelter Fund had net inflows of $135.45M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-10 | $29.30M |
| 2021-09 | $4.67M |
| 2021-08 | $4.37M |
| 2021-07 | $10.03M |
| 2021-06 | $10.03M |
| 2021-05 | $8.08M |
CLSHX Debt Constituents
No individual debt constituents are reported in CLS Shelter Fund's latest SEC N-PORT filing.
CLSHX Prospectus and SEC Filings
Official CLS Shelter Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2021-09-13
- Prospectus (485BPOS) — filed 2020-09-16
- Prospectus (485BPOS) — filed 2019-09-13
- Portfolio holdings (N-PORT) — filed 2021-12-29
- Portfolio holdings (N-PORT) — filed 2021-09-29
- Portfolio holdings (N-PORT) — filed 2021-06-25
- Annual census (N-CEN) — filed 2021-07-14
- Annual census (N-CEN) — filed 2020-07-14
Related Funds
Other Money Market 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.