Fund Mojo help you discover the best fund managers, funds, and related information

Fund Intelligence | Best Managers | FMGRX Insights | FMGRX Score | FMGRX Performance | FMGRX News | FMGRX Allocation | FMGRX Holdings Change

Rx Dynamic Growth Institutional (FMGRX) Fund Ranking and Research

Ranking, Research and Recommendation of Rx Dynamic Growth Institutional (FMGRX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of Rx Dynamic Growth Institutional Fund (FMGRX) ManagerFund Manager - Steven J Wruble

Fund Manager Information

Fund Manager Tenure: 4.3 years
Similar Funds: FMGCX 
Fund Family: American Independence
Fund Category: Large Growth
Fund Performance: May 30, 2016
Fundmojo Fund Grade: C (Score: 0.52)     (What does this score mean?)

 

Graph of Rx Dynamic Growth Institutional Fund (FMGRX) ProfileRx Dynamic Growth Institutional Fund (FMGRX) Profile

Fund Profile and Description

Rx Dynamic Growth Institutional Fund seeks capital appreciation without regard to current income. Rx Dynamic Growth Institutional Fund invests primarily in no-load, institutional, and portfolio funds. It primarily invests in portfolio funds that have an investment objective similar to that of the fund. Although the fund primarily invests in portfolio funds with no sales related expense or very low sales related expenses, the fund is not precluded from investing in portfolio funds with sales-related expenses, redemption fees, and/or service fees in excess of 0.25%.

 

Rx Dynamic Growth Institutional (FMGRX) Fund Strength What we like about Rx Dynamic Growth Institutional (FMGRX) Fund

Data for Rx Dynamic Growth Institutional Fund (FMGRX) as of May 30, 2016

  • Rx Dynamic Growth Institutional Fund (FMGRX) management has been with Rx Dynamic Growth Institutional Fund for 4.3 years
  • Rx Dynamic Growth Institutional Fund (FMGRX) ratio of up-years vs down years is greater than 2
  • Rx Dynamic Growth Institutional Fund (FMGRX) is less volatile than its peers as it has a 3-year Standard Deviation of 12.31, lower than category average of 12.75
  • Rx Dynamic Growth Institutional Fund (FMGRX) has a lower expense ratio than its Large Growth average: 1.16% vs 1.17%
  • Rx Dynamic Growth Institutional Fund (FMGRX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

Rx Dynamic Growth Institutional Fund (FMGRX) Weakness What we are cautious about Rx Dynamic Growth Institutional (FMGRX) Fund

Data for Rx Dynamic Growth Institutional Fund (FMGRX) as of May 30, 2016

  • Rx Dynamic Growth Institutional Fund (FMGRX) has a less-than-ideal short-term performance (1-year return -8.07% vs -1.74% Large Growth category median performance)
  • Rx Dynamic Growth Institutional Fund (FMGRX) has a less-than-ideal mid-term performance (3-year return 4.50% vs 10.74% Large Growth category median performance)
  • Rx Dynamic Growth Institutional Fund (FMGRX) has a less-than-ideal Long-term performance (5-year return 7.06% vs 10.14% Large Growth category median performance)
  • Rx Dynamic Growth Institutional Fund (FMGRX) has a Morningstar rating of 3 and below
  • Rx Dynamic Growth Institutional Fund (FMGRX) has an annual stock turnover rate of 120.00% that is higher than the Large Growth average of 50.46%. This could mean Rx Dynamic Growth Institutional is more nimble, but also signal potential high tax impact and high trading fees
  • Rx Dynamic Growth Institutional Fund (FMGRX) does not have a good risk adjusted return as its 3-year Alpha of -5.87 is worse than category average of -0.82, and its 3-year Sharpe ratio is 0.41
  • Asset base in Rx Dynamic Growth Institutional Fund (FMGRX) has been consistently decreasing in the last 2 months. It shows lacks of investor confidence and market support
See Rx Dynamic Growth Institutional Fund (FMGRX) performance details as of May 30, 2016

 

What do you think?

 

Compare Rx Dynamic Growth Institutional Fund (FMGRX)Compare with other top Large Growth category mutual funds

Aadditional top Large Growth mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Rx Dynamic Growth Institutional1.29-8.074.507.06
American Funds AMCAP R6 (RAFGX)3.59-1.1311.8211.94Compare
AB Core Opportunities Advisor (ADGYX)1.543.3612.0412.15Compare
Eaton Vance Growth R (ELCRX)-0.280.1013.0010.73Compare

See top fund managers for Large Growth Category Funds

 

Compare Rx Dynamic Growth Institutional Fund (FMGRX)Compare with Large Growth category ETFs

Some Large Growth ETFs for your consideration

ETFYear to DateOne YearThree Year
PowerShares Dynamic Large Cap Growth ETF (PWB)-0.31%1.61%13.24%
iShares Russell 1000 Growth (IWF)1.70%1.47%12.29%
Vanguard Russell 1000 Growth ETF (VONG)1.69%1.42%12.36%
First Trust Large Cap Gr AlphaDEX ETF (FTC)2.10%1.03%12.67%
iShares Morningstar Large-Cap Growth (JKE)-0.23%0.51%13.52%

 

Graph of Rx Dynamic Growth Institutional Fund (FMGRX) Net Asset TrackingRx Dynamic Growth Institutional (FMGRX) Fund Net Asset

Track net asset change of Rx Dynamic Growth Institutional fund (FMGRX)

DateNet Asset
05/2016$14.04M
03/2016$14.37M
02/2016$14.95M
More historic net asset information on Rx Dynamic Growth Institutional Fund (FMGRX)

  

Graph of Rx Dynamic Growth Institutional Fund (FMGRX) Portfolio TrackingRx Dynamic Growth Institutional (FMGRX) Fund Portfolio Allocation

Track portfolio allocation change of Rx Dynamic Growth Institutional fund (FMGRX)

DateCashStockBondOther
04/20165.81%94.19%0%0%
03/20164.5%95.5%0%0%
01/201636.28%63.72%0%0%
Click here to see more historic asset allocation information on Rx Dynamic Growth Institutional Fund (FMGRX)

 

graph of Rx Dynamic Growth Institutional Fund (FMGRX) Top 10 Position TrackingTop 10 Holdings in Rx Dynamic Growth Institutional (FMGRX) Fund

Discover what Rx Dynamic Growth Institutional Fund (FMGRX) manager is buying

Apr 29, 2016
Ulta Salon, Cosmetics & Fragran [6.33%]
Vulcan Materials Company (Holdi [5.73%]
Constellation Brands, Inc. Comm [5.63%]
Incyte Corporation [5.19%]
Vantiv, Inc. Class A Common Sto [5.17%]
Edwards Lifesciences Corporatio [5.16%]
NiSource Inc Common Stock [5.09%]
MarketAxess Holdings, Inc. [5.02%]
Acuity Brands Inc (Holding Comp [4.97%]
Cantel Medical Corp. Common Sto [4.92%]

Mar 30, 2016
Vantiv, Inc. Class A Common Sto [6.32%]
Acuity Brands Inc (Holding Comp [5.74%]
Skechers U.S.A., Inc. Common St [5.72%]
Edwards Lifesciences Corporatio [5.57%]
Ulta Salon, Cosmetics & Fragran [5.57%]
ABIOMED, Inc. [5.45%]
Extra Space Storage Inc Common [5.4%]
Vulcan Materials Company (Holdi [5.32%]
Starbucks Corporation [5.21%]
Constellation Brands, Inc. Comm [5.16%]

Jan 30, 2016
Broadcom Limited [5.11%]
Vantiv, Inc. Class A Common Sto [5.08%]
ServiceMaster Global Holdings, [5.07%]
Acuity Brands Inc (Holding Comp [4.91%]
Starbucks Corporation [4.89%]
Skechers U.S.A., Inc. Common St [4.88%]
Extra Space Storage Inc Common [4.83%]
EPAM Systems, Inc. Common Stock [4.82%]
SPDR® S&P 500 ETF [4.82%]
Dr Pepper Snapple Group, Inc Dr [4.81%]
Click here for Stock Holding Change Map in Rx Dynamic Growth Institutional Fund (FMGRX)

  

Latest News on Rx Dynamic Growth Institutional (FMGRX) Fund

See what is happening with Rx Dynamic Growth Institutional Fund (FMGRX)

    No recent news

 

Rx Dynamic Growth Institutional Fund (FMGRX) Related ResourcesSee more information on Rx Dynamic Growth Institutional (FMGRX) Fund

Popular pages on Rx Dynamic Growth Institutional (FMGRX) Fund

  

Fund Mojo Newsletter

Fund Mojo on Facebook Follow FundMojo on Twitter Fund Update