Summit Global Investments Fund Quote
| SGICX Fund | USD 16.60 0.01 0.06% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Summit Global is trading at 16.60 as of the 2nd of January 2025; that is 0.06 percent decrease since the beginning of the trading day. The fund's open price was 16.61. Summit Global has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 12th of July 2023 and ending today, the 2nd of January 2025. Click here to learn more.
The fund normally invests at least 80 percent of its net assets in equity securities, primarily common stocks, of companies within the Russell 1000 Index and SP 500 Index. Its investments will generally consist of securities, which may include 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
| Fund Concentration | Summit Global Investments Funds, Large Blend Funds, Large Blend, Summit Global Investments, Large Blend, Large Blend (View all Sectors) |
| Update Date | 31st of December 2024 |
Summit Global Investments [SGICX] is traded in USA and was established 2nd of January 2025. Summit Global is listed under Summit Global Investments category by Fama And French industry classification. The fund is listed under Large Blend category and is part of Summit Global Investments family. This fund at this time has accumulated 459.79 M in assets with no minimum investment requirementsSummit Global Investments is currently producing year-to-date (YTD) return of 17.55% with the current yeild of 0.0%, while the total return for the last 3 years was 3.78%.
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
| VLO | Valero Energy | Stock | Energy | |
| AXP | American Express | Stock | Financials | |
| VZ | Verizon Communications | Stock | Communication Services | |
| TER | Teradyne | Stock | Information Technology | |
| DG | Dollar General | Stock | Consumer Staples | |
| CL | Colgate Palmolive | Stock | Consumer Staples | |
| JKHY | Jack Henry Associates | Stock | Financials | |
| BMY | Bristol Myers Squibb | Stock | Health Care |
Summit Global Investments Risk Profiles
| Mean Deviation | 0.8637 | |||
| Standard Deviation | 2.46 | |||
| Variance | 6.05 | |||
| Risk Adjusted Performance | (0.09) |
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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