LBCGX — Left Brain Compound Growth Fund
Data updated: 2022-07-27
LBCGX — Left Brain Compound Growth Fund. Money Market · $9.91M AUM · 2.00% expense ratio · -25.9% 1-yr return. Holdings, fees, performance and SEC filings.
LBCGX Fund Overview
LBCGX — Left Brain Compound Growth Fund is a US mutual fund managed by Ultimus Managers Trust, 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: Ultimus Managers Trust
- Category: Money Market
- Assets under management: $9.91M
- 1-year return: -25.9%
- Ticker: LBCGX
- SEC CIK: 0001545440
- SEC series ID: S000071596
- Share class ID: C000226954
LBCGX Investment Objective and Strategy
Left Brain Compound Growth Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Ultimus Managers Trust.
Investment objective
"The Left Brain Compound Growth Fund (the ""Fund"") seeks to achieve long-term capital appreciation."
Principal investment strategy
"The Fund seeks to achieve its investment objective by investing in a focused portfolio primarily comprised of publicly traded equity securities and debt securities (including non-investment grade quality debt securities, commonly referred to as ""high yield securities"" or ""junk bonds""). The Fund's portfolio is non-diversified. The Fund employs a focused, opportunistic, best ideas strategy that uses a combination of fundamental, quantitative and technical analysis to select portfolio investments. The Fund will invest opportunistically and does not seek to maintain a minimum allocation to equity securities, but expects that, under normal market conditions the Fund's portfolio will be comprised of approximately 50-80% equity securities and approximately 20-50% fixed-income securities, but may shift this allocation depending on market conditions.
The Fund generally expects to maintain between 35 and 75 portfolio holdings and will determine the allocation between equity and fixed-income positions based on market conditions and opportunistic availability. The Fund invests in the equity securities of companies that the Adviser believes have competitive advantages that are able to be sustained over the long-term and that the Adviser believes have the potential for significant long-term capital appreciation, principally through high growth in large total addressable market spaces. In seeking to identify such companies, the Adviser generally looks for companies that fall into one or more of the following categories: companies that generate consistent and continuing revenue growth; companies in industries with a large and expanding total addressable market; companies with competitive strengths; companies with superior and proven CEOs and leadership teams; companies with strong valuation metrics indicating forward profitability; and/or companies with major investors as indicators.
The Fund's equity investments are primarily comprised of domestic common stocks, but may also include other types of equity securities, such as real estate investment trusts (""REITs""), foreign securities trading as American Depository Receipts (""ADRs"") (including those with exposure to emerging markets), or publicly traded master limited partnerships (""MLPs""). An MLP is a limited partnership, the securities of which are traded on a public exchange or in the over-the-counter markets, that is eligible for special tax treatment under the Internal Revenue Code of 1986, as amended (the ""Code""). To qualify as an MLP, the partnership must receive at least 90% of its income from certain qualifying sources, including real estate, commodities, or natural resources. The Adviser believes that MLPs can be an efficient way to gain portfolio exposure to such asset classes.
The Fund may also invest in performing, stressed and distressed corporate debt securities that the Adviser believes offer capital appreciation potential, generally because the securities are trading below par value and the Adviser anticipates spread contraction that the Adviser believes will increase the price of the securities. The Fund may hold debt securities of any credit quality, but will generally invest in debt securities rated B or higher at the time of purchase by at least one nationally recognized statistical rating organization (""NRSRO"") or, if unrated, of comparable credit quality as determined by the Adviser. The Fund may also invest in options, including secured or unsecured put options, in an effort to generate additional income for the Fund and/or for hedging purposes. The Fund may also invest in cash or cash equivalent positions (for example, shares of money market funds, short-term U.S.
government obligations, commercial paper, or repurchase agreements). The Fund's investments will primarily be in securities of large and medium companies with market capitalizations greater than $10 billion (""Large Cap"") and/or greater than $2 billion (""Mid-Cap""), and to a lesser extent, in securities of small companies with market capitalizations of less than $2 billion (""Small-Cap"") at the time of purchase. While the Fund will not deliberately concentrate in any one sector, the Adviser's focus on growth-oriented securities may tend to favor certain sectors over others. Therefore, at times, the Fund's portfolio may be comprised of 25% or more in sectors such as technology, consumer discretionary, communications, health care, energy, and real estate."
LBCGX Holdings
Top 10 holdings of Left Brain Compound Growth Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Zscaler Inc | 5.06% |
| Etsy Inc | 3.83% |
| Hubspot Inc | 3.58% |
| Federated | 3.44% |
| Enphase Energy Inc | 3.17% |
| Carvana Co | 2.98% |
| Inmode Limited | 2.89% |
| The Trade Desk Inc | 2.72% |
| Arista Networks Inc | 2.52% |
| Airbnb Inc | 2.46% |
LBCGX Portfolio Allocation
Asset-class allocation of Left Brain Compound Growth Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 72.8% |
| Fixed Income | 21.4% |
| Cash & Equivalents | 3.4% |
LBCGX Performance
Total returns for LBCGX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -25.9% |
LBCGX Risk Information
Risk metrics for LBCGX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 21.2%
LBCGX Costs and Fees
LBCGX costs about $200 per $10,000 invested per year in fund expenses.
- Net expense ratio: 2.00%
- Gross expense ratio: 2.76%
- Portfolio turnover: 100%
- Brokerage commissions: 4.65 bps of average net assets (SEC N-CEN)
LBCGX Cashflows
Over the 12 months to 2022-05, Left Brain Compound Growth Fund had net inflows of $13.98M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-05 | −$434.42K |
| 2022-04 | −$144.37K |
| 2022-03 | −$229.61K |
| 2022-02 | −$14.67K |
| 2022-01 | −$146.23K |
| 2021-12 | −$329.85K |
LBCGX Debt Constituents
Largest debt holdings of Left Brain Compound Growth Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Navient Corporation | 1.47% |
| PBF Holding Company LLC and PBF Finance Corp. | 1.06% |
| AMC Entertainment Holdings Inc | 0.97% |
| Calumet Specialty Products Partners LP / Calumet Finance Corp | 0.94% |
| Community Health Systems Incorporated | 0.90% |
| BED Bath & Beyond | 0.88% |
| Pennymac Financial Services Inc | 0.88% |
| American Airlines Group Inc | 0.85% |
| MPH Acquisition Holdings LLC | 0.84% |
| GOL Finance, LLP | 0.76% |
LBCGX Prospectus and SEC Filings
Official Left Brain Compound Growth Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
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.