Spectrum Low Volatility Fund Investor Class

Frequently Asked Questions About SVARX

What does SVARX invest in?

The primary adviser for this fund delegates the management of its investment approach to a specialized sub-adviser. The fund's assets are primarily allocated to a diversified collection of income-generating fixed-income securities. However, the sub-adviser does not directly select individual bonds or other debt instruments. Instead, it channels the fund's capital into other collective investment vehicles, specifically mutual funds and exchange-traded funds (ETFs). These underlying funds, in turn, predominantly invest in either fixed-rate or floating-rate fixed income securities.

What is the expense ratio of SVARX?

Spectrum Low Volatility Fund Investor Class (SVARX) charges an expense ratio of 2.81%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SVARX?

Spectrum Low Volatility Fund Investor Class (SVARX) manages $163.2M 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 SVARX actively managed or an index fund?

SVARX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was SVARX launched?

Spectrum Low Volatility Fund Investor Class (SVARX) launched in December 2013 and is managed by the fund issuer.

How has SVARX performed?

SVARX'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.