QCIBX — QCI Balanced Fund
Data updated: 2022-08-29
QCIBX — QCI Balanced Fund. Balanced Allocation · $25.31M AUM · 0.98% expense ratio · -9.6% 1-yr return. Holdings, fees, performance and SEC filings.
QCIBX Fund Overview
QCIBX — QCI Balanced Fund is a US mutual fund managed by Starboard Investment Trust, categorised as Balanced Allocation. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Starboard Investment Trust
- Category: Balanced Allocation
- Assets under management: $25.31M
- 1-year return: -9.6%
- Ticker: QCIBX
- SEC CIK: 0001464413
- SEC series ID: S000044024
- Share class ID: C000136646
QCIBX Investment Objective and Strategy
QCI Balanced Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Starboard Investment Trust.
Investment objective
"The QCI Balanced Fund (the ""Fund"") seeks to balance current income and principal conservation with the opportunity for long-term growth."
Principal investment strategy
"The Fund seeks to balance current income and principal conservation with the opportunity for long-term growth. QCI Asset Management, Inc. (the ""Advisor"") seeks to achieve the Fund's investment objective by investing in a diverse portfolio of corporate, agency, and U.S. Government fixed income securities, preferred stock, common stock of primarily large and mid-capitalization issuers, and derivative securities. Allocation to equity and fixed income securities will range from 25% to 75% of assets. Depending on market conditions, the allocation of the Fund's assets may range from approximately 25% in equity securities and 75% in fixed income securities to 75% in equity securities and 25% in fixed income securities. Derivative instruments, consisting of option contracts, are used to hedge the Fund's portfolio in order to reduce the impact of general market fluctuations.
The Advisor shall manage the Fund so that the Fund will not be deemed to be a ""commodity pool operator"" under the Commodity Exchange Act. The Fund may invest in these securities directly or indirectly through investments in other investment companies, consisting of exchange traded funds (""ETFs"") and index funds. The Fund will not be limited by market capitalization or sector criteria. The Fund may hold up to 10% of its net assets in cash in the normal course of business when the Fund receives dividends or distributions and has not reinvested the proceeds in a security the Advisor believes is favorable for the portfolio which may also be used to pay fees and expenses of the Fund. Equity selection is based on securities analysts' recommendations coupled with the Advisor's fundamental research.
Equity investments will consist primarily of large and mid-capitalization companies. Fixed income securities will primarily consist of investment grade issues. The Fund may invest up to 10% of the portfolio in fixed income securities that are rated below investment grade by one or more Nationally Recognized Securities Rating Organizations (""NRSROs"") (commonly known as high-yield debt securities). Securities are sold when, in the view of the Advisor, market valuation has approached the estimated full or fair market valuation of that security, and the remaining predicted small upside potential does not justify continuing to hold that security due to relative downside risk. A fundamental change in the prospects for a particular security or issuer may also be a primary factor for the Advisor in determining whether to sell a portfolio security.
The Fund's investment policy may be changed without shareholder approval upon sixty (60) days' prior written notice to shareholders."
QCIBX Performance
Total returns for QCIBX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -9.6% |
| 3 years (annualised) | 3.0% |
QCIBX Risk Information
Risk metrics for QCIBX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 9.0%
QCIBX Costs and Fees
QCIBX costs about $98 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.98%
- Gross expense ratio: 1.12%
- Portfolio turnover: 32%
- Brokerage commissions: 0.79 bps of average net assets (SEC N-CEN)
QCIBX Cashflows
Over the 12 months to 2022-06, QCI Balanced Fund had net inflows of $76.70M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-06 | $10.26M |
| 2022-05 | $5.00M |
| 2022-04 | $2.99M |
| 2022-03 | $3.81M |
| 2022-02 | $2.58M |
| 2022-01 | $8.57M |
QCIBX Debt Constituents
No individual debt constituents are reported in QCI Balanced Fund's latest SEC N-PORT filing.
QCIBX Prospectus and SEC Filings
Official QCI Balanced Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-01-28
- Prospectus (485BPOS) — filed 2021-02-16
- Prospectus (485BPOS) — filed 2020-02-20
- Portfolio holdings (N-PORT) — filed 2022-08-29
- Portfolio holdings (N-PORT) — filed 2022-05-26
- Portfolio holdings (N-PORT) — filed 2022-02-25
- Annual census (N-CEN) — filed 2021-12-10
- Annual census (N-CEN) — filed 2020-12-11
Related Funds
Other Balanced Allocation 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.