Summit Global Investments Fund Quote
| SGLIX Fund | USD 40.49 0.03 0.07% |
Performance3 of 100
| Odds Of DistressLess than 22
|
Summit Global is trading at 40.49 as of the 30th of November 2024; that is 0.07 percent up since the beginning of the trading day. The fund's open price was 40.46. Summit Global has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Summit Global Investments are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of October 2024 and ending today, the 30th of November 2024. Click here to learn more.
Under normal market conditions, the fund invests at least 80 percent of the value of its net assets, plus any borrowings for investment purposes, in equity securities. It invests, under normal market conditions, significantly in non-U.S. companies. The funds investments in equity securities include, without limitation, common stocks, preferred stocks, warrants to acquire common stock, and securities convertible into common stock.. More on Summit Global Investments
Moving together with Summit Mutual Fund
Summit Mutual Fund Highlights
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 31st of December 2022 |
| Fiscal Year End | August |
Summit Global Investments [SGLIX] is traded in USA and was established 30th of November 2024. Summit Global is listed under Summit Global Investments category by Fama And French industry classification. The fund is listed under World Large-Stock Blend category and is part of Summit Global Investments family. This fund at this time has accumulated 139.88 M in assets with minimum initial investment of 1000 K. Summit Global Investments is currently producing year-to-date (YTD) return of 12.65% with the current yeild of 0.01%, while the total return for the last 3 years was 3.9%.
Check Summit Global Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Summit Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Summit Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Summit Global Investments Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Summit Global Investments Mutual Fund Constituents
| LLY | Eli Lilly and | Stock | Health Care | |
| DUK | Duke Energy | Stock | Utilities | |
| MCD | McDonalds | Stock | Consumer Discretionary | |
| HMC | Honda Motor Co | Stock | Consumer Discretionary | |
| PSA | Public Storage | Stock | Real Estate | |
| VZ | Verizon Communications | Stock | Communication Services | |
| HSY | Hershey Co | Stock | Consumer Staples | |
| TAK | Takeda Pharmaceutical Co | Stock | Health Care |
Summit Global Top Holders
| SGPGX | Sgi Prudent Growth | Mutual Fund | Allocation--50% to 70% Equity | |
| SGPKX | Sgi Peak Growth | Mutual Fund | Large Blend |
Summit Global Investments Risk Profiles
| Mean Deviation | 0.4318 | |||
| Semi Deviation | 0.5697 | |||
| Standard Deviation | 0.5338 | |||
| Variance | 0.285 |
Summit Global Against Markets
Other Information on Investing in Summit Mutual Fund
Summit Global financial ratios help investors to determine whether Summit Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Summit with respect to the benefits of owning Summit Global security.
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