SAVIX — Symons Value Institutional Fund
Data updated: 2021-10-26
SAVIX — Symons Value Institutional Fund. Money Market · $12.71M AUM · 1.22% expense ratio · 17.6% 1-yr return. Holdings, fees, performance and SEC filings.
SAVIX Fund Overview
SAVIX — Symons Value Institutional Fund is a US mutual fund managed by Unified Series 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: Unified Series Trust
- Category: Money Market
- Assets under management: $12.71M
- 1-year return: 17.6%
- Ticker: SAVIX
- SEC CIK: 0001199046
- SEC series ID: S000014641
- Share class ID: C000040085
SAVIX Investment Objective and Strategy
Symons Value Institutional Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Unified Series Trust.
Investment objective
The investment objective of the Symons Value Institutional Fund (the “Fund”) is long-term capital appreciation.
Principal investment strategy
The Fund seeks to achieve its objective by investing primarily in a diversified portfolio of equity securities issued by companies, with market capitalizations at the time of purchase above approximately $500 million, that are trading at attractive prices and that appear to have limited downside price risk over the long-term. The Funds investment adviser, Symons Capital Management, Inc., utilizes market capitalization screens (sufficient stock size) and average trading volume screens (sufficient stock liquidity) to identify stocks that are possible candidates for investment. The adviser then utilizes several additional investment screens (including price to cash flow, price to earnings, and enterprise value to earnings before interest, taxes, depreciation and amortization) to reduce the universe to a limited number of issuers that fit the advisers investment criteria.
The adviser then performs a fundamental analysis of each of the candidates to identify approximately 25-40 companies that the adviser believes are value companies. The adviser defines a value company as one that is trading at less than its intrinsic value, as determined by the adviser, and that does not appear to present significant downside price risk. The advisers value strategy places a strong emphasis on risk aversion. The Fund typically holds approximately 25-40 companies, representing various products or service lines of business. To the extent the adviser can find value companies whose stocks are trading at sufficiently attractive prices for purchase in various sectors, it will attempt to allocate the Funds investments among a broad cross-section of market sectors and industries. However, there may be times when the Fund may hold a large portion of its assets in any one sector at a given time.
Equity securities in which the Fund may invest include common stocks and common stock equivalents (such as rights, warrants and convertible securities), preferred stocks, shares of equity real estate investment trusts (REITs), and shares of other investment companies, including open-end and closed-end funds and exchange-traded funds (ETFs) whose portfolios primarily consist of equity securities. The Fund may invest in inverse and leveraged ETFs. Inverse ETFs typically seek to provide investment results that match a certain percentage of the inverse of the results of a specific index on a daily basis, while leveraged ETFs seek to multiply the return, or the inverse of the return, of the tracked index (e.g., twice the return). The Fund also may invest in ETFs whose portfolios primarily consist of commodities.
The Fund may invest in equity securities of foreign issuers directly or through American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs). The Fund may use options for purposes consistent with its investment objective such as hedging or managing risk. The Fund may buy (hold) or write (sell) put and call options on assets, such as securities, currencies, financial commodities, and indices of debt and equity securities and enter into closing transactions with respect to such options to terminate an existing position. If the adviser believes, based on its valuation methodology, that stocks in general are over-valued, or if the adviser cannot find value companies whose stocks are trading at sufficiently attractive prices, a significant portion of the Funds portfolio may be held in cash or cash equivalents, such as money market funds.
This may occur on a temporary basis, or for periods of up to a year or longer. Holding a significant cash position may make it difficult or impossible for the Fund to achieve its investment objective.
SAVIX Performance
Total returns for SAVIX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 17.6% |
SAVIX Risk Information
Risk metrics for SAVIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 9.9%
SAVIX Costs and Fees
SAVIX costs about $122 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.22%
- Gross expense ratio: 1.44%
- Portfolio turnover: 75%
- Brokerage commissions: 0.43 bps of average net assets (SEC N-CEN)
SAVIX Cashflows
Over the 12 months to 2021-08, Symons Value Institutional Fund had net outflows of $990.27K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-08 | −$88.60K |
| 2021-07 | −$83.00K |
| 2021-06 | $20.07K |
| 2021-05 | −$22.95K |
| 2021-04 | $6.95K |
| 2021-03 | −$131.20K |
SAVIX Debt Constituents
No individual debt constituents are reported in Symons Value Institutional Fund's latest SEC N-PORT filing.
SAVIX Prospectus and SEC Filings
Official Symons Value Institutional Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2021-03-29
- Prospectus (485BPOS) — filed 2020-04-07
- Prospectus supplement (497) — filed 2019-04-03
- Portfolio holdings (N-PORT) — filed 2021-10-26
- Portfolio holdings (N-PORT) — filed 2021-07-28
- Portfolio holdings (N-PORT) — filed 2021-04-29
- Annual census (N-CEN) — filed 2021-02-11
- Annual census (N-CEN) — filed 2020-02-11
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.