CPIEX — Counterpoint Tactical Equity Fund
Data updated: 2026-08-28
CPIEX — Counterpoint Tactical Equity Fund. Market-Neutral · $726.45M AUM · 1.62% expense ratio. Holdings, fees, performance and SEC filings.
CPIEX Fund Overview
CPIEX — Counterpoint Tactical Equity Fund is a US mutual fund managed by Northern Lights Fund Trust III, categorised as Market-Neutral. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Northern Lights Fund Trust III
- Category: Market-Neutral
- Assets under management: $726.45M
- 1-year return: 16.4%
- Ticker: CPIEX
- SEC CIK: 0001537140
- SEC series ID: S000051248
- Share class ID: C000161622
CPIEX Holdings
Top 10 holdings of Counterpoint Tactical Equity Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Fidelity Colchester Street Trust | 23.61% |
| Ishares Trust | 21.21% |
| Northern Lights Fund Trust Iii | 11.18% |
| United States Of America - Bureau Of The Public Debt | 8.81% |
| United States Of America - Bureau Of The Public Debt | 4.10% |
| Option Issuer | 0.39% |
| Astera Labs, Inc. | 0.32% |
| Credo Technology Group Holding Ltd. | 0.28% |
| Ichor Holdings Ltd. | 0.25% |
| Micron Technology, Inc. | 0.25% |
CPIEX Portfolio Allocation
Asset-class allocation of Counterpoint Tactical Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 54.9% |
| Cash & Equivalents | 23.6% |
| Fixed Income | 12.9% |
| Derivatives | 4.1% |
CPIEX Performance
Total returns for CPIEX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 11.0% |
| 1 year | 16.4% |
| 3 years (annualised) | 20.5% |
| 5 years (annualised) | 23.6% |
CPIEX Risk Information
Risk metrics for CPIEX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 10.7%
CPIEX Costs and Fees
CPIEX costs about $162 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.62%
- Gross expense ratio: 1.62%
- Portfolio turnover: 236%
- Brokerage commissions: 22.17 bps of average net assets (SEC N-CEN)
CPIEX Cashflows
Over the 12 months to 2026-06, Counterpoint Tactical Equity Fund had net inflows of $229.83M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $21.62M |
| 2026-05 | $40.52M |
| 2026-04 | −$6.70M |
| 2026-03 | $17.34M |
| 2026-02 | $49.89M |
| 2026-01 | $21.57M |
CPIEX Debt Constituents
Largest debt holdings of Counterpoint Tactical Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Of America - Bureau Of The Public Debt | 8.81% |
| United States Of America - Bureau Of The Public Debt | 4.10% |
CPIEX Prospectus and SEC Filings
Official Counterpoint Tactical Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-01-28
- Prospectus (485BPOS) — filed 2025-01-27
- Prospectus supplement (497) — filed 2026-02-04
- Portfolio holdings (N-PORT) — filed 2026-08-28
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-27
- Annual census (N-CEN) — filed 2025-12-15
- Annual census (N-CEN) — filed 2024-12-13
Related Funds
Other Market-Neutral 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.