- What does SHIIX invest in?
- This fund aims for sustained growth of invested capital over the long term. To achieve this, the fund typically allocates capital across two main areas: fixed income securities and a combination of put and call options on Exchange Traded Funds (ETFs) that track the S&P 500 Index. The fund's investment sub-advisor, Exceed Advisory LLC, implements this options strategy with a dual objective: to limit potential losses to 12.5% when the S&P 500 Index declines, while also capturing upside performance from the index up to approximately 15%.
- What is the expense ratio of SHIIX?
- Catalyst Buffered Shield Fund Class I (SHIIX) charges an expense ratio of 1.35%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is SHIIX?
- Catalyst Buffered Shield Fund Class I (SHIIX) manages $18.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is SHIIX actively managed or an index fund?
- SHIIX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (SHIIX's is 1.35%) because there's no security selection cost.
- When was SHIIX launched?
- Catalyst Buffered Shield Fund Class I (SHIIX) launched in April 2015 and is managed by the fund issuer.
- How has SHIIX performed?
- SHIIX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
