September 24, 2019
Brian Yacktman on Investing in Insurance Brokerages, TD Ameritrade Network
Drive to the Close with Brian Yacktman, Bloomberg Radio (starting at 36:18 in the show)
August 22, 2019
Brian Yacktman Talks Established Companies vs. Upcoming IPO Stocks, TD Ameritrade Network
August 19, 2019
Beauty Stocks Look Pretty After Upbeat Estee Lauder Earnings, The Wall Street Journal
August 17, 2019
Stock market gyrates as the economic picture gets blurred, Associated Press
August 9, 2019
Brian Yacktman on How to Navigate a Volatile Market, Yahoo! Finance
August 2, 2019
Investing Tips: Three Bank Stocks to Buy, Fox Business
August 1, 2019
Charting His Own Course, Financial Advisor
July 23, 2019
Brian Yacktman featured guest on Bloomberg Radio, Bloomberg Radio (starting at 27:30 into the show)
Brian Yacktman is Confident in Long-Term Luxury Prices, TD Ameritrade Network
July 6, 2019
July 5, 2019
June 3, 2019
Producing Returns with a Portfolio of Global Champions, The Wall Street Transcript
May 23, 2019
May 20, 2019
5 Cheap Stocks to Ride Out the Trade War, Barron's
Yacktman on Investing in "Global Champions", Bloomberg Radio
May 14, 2019
April 18, 2019
Brian Yacktman speaks about YCG's Strategy and about Moody's, TD Ameritrade Network TV
April 12, 2019
The YCG Enhanced Fund Profile Article, MarketWatch
March 29, 2019
Brian Yacktman talks Interest Rates and Global Champions, Yahoo! Finance
March 25, 2019
March 11, 2019
February 14, 2019
Brian Yacktman speaks on Enduring Pricing Power, Wall Street Journal
February 8, 2019
February 6, 2019
January 31, 2019
Brian Yacktman Interview on Fox Business, Fox Business
January 31, 2019
January 31, 2019
Brian Yacktman Comments on the Fed and China, CNN Business
September 17, 2018
Brian Yacktman Comments on Oracle, CNBC.com
September 15, 2018
Brian Yacktman Comments on Facebook, CNBC.com
December 13, 2016
June 23, 2016
May 25, 2016
An Options-Enhanced Value Strategy, Advisor Perspectives
August 6, 2015
Manual of Ideas Interview with Brian Yacktman & Elliott Savage, Manual of Ideas
July 16, 2015
September 10, 2013
Another Yacktman Enters '40 Act Country, TheMutualFundWire.com
Performance data quoted represents past performance and past performance does not guarantee future results. Investment returns and principal value will fluctuate, and when sold, may be worth more or less than their original cost. Current performance of the Fund may be higher or lower than the performance quoted. The Fund imposes a 2.00% redemption fee on shares held less than 30 calendar days. Performance data does not reflect the redemption fee. If it had, returns would be reduced. For month-end performance please call 1-855-444-9243. For standard performance please click here.
April 18, 2018
September 24, 2013
Brian Yacktman Launches Mutual Fund (YCGEX) , Market Wired
S&P 500 Index (SPX) - a broad based unmanaged index of 500 stocks, which is widely recognized as representative of the equity market in general. It is not possible to invest in an index.
Dow Jones Industrial Average (DJIA) - is a price-weighted average of 30 significant stocks traded on the New York Stock Exchange (NYSE) and the Nasdaq. The DJIA was invented by Charles Dow in 1896.
Nasdaq Composite (^IXIC) - is the market capitalization-weighted index of over 3,300 common equities listed on the Nasdaq stock exchange, including various types of securities such as American Deposit Receipts (ADRs), Real Estate Investment Trusts (REITs) as well as limited partnership interests.
Russell 2000 Index - is an index measuring the performance of approximately 2,000 smallest-cap American companies.
Stoxx Europe 600 Index (SXXP) - a broad based inmanaged index of 600 stocks within the European region, which is widely recognized as representative of the European equity market in general. It is not possible to invest in an index.
S&P 500 Retailing Index (SP500-2550) – is an unmanaged index of 500 U.S. domestic stocks within the sub-category of the consumer retailing industry as classified by Standard and Poor’s.
MSCI ACWI – is the MSCI All Country World Index which is a market capitalization weighted index designed to provide a broad measure of equity-market performance throughout the world.
Morningstar Large Cap Blend Category - Large-blend portfolios are fairly representative of the overall US stock market in size, growth rates and price. Stocks in the top 70% of the capitalization of the US equity market are defined as large cap. The blend style is assigned to portfolios where neither growth nor value characteristics predominate. These portfolios tend to invest across the spectrum of US industries, and owing to their broad exposure, the portfolios' returns are often similar to those of the S&P 500 Index.
Alpha - the excess returns of a fund relative to the return of a benchmark index.
Basis point - a basis point is a unit of measure used in finance to describe the percentage change in the value or rate of a financial instruments. One basis point is equivalent to 0.01% (1/100th of a percent) or 0.0001 in decimal form.
Leverage Ratio - is calculated by taking the net debt of a company and dividing it by earnings before interest, taxes, amortization, and leases to determine the financial leverage of a company. Formula: (debt + capitalized leases - cash) or net debt / earnings before interest, taxes, amortization, and leases.
Spread - the difference between two numerical or qualitative factors.
Cash flow - the cash generated by a business from operations that is left over after spending on maintenance capital expenditures and acquisitions that are required to protect the business. In other words, it’s the cash flow from operations that is free and clear to be distributed to shareholders in the form of dividends and share repurchases, and/or to be allocated towards ways to grow the existing business through means such as “growth” acquisitions or new capital expenditures, and/or simply to pay down debt. Typically, we calculate this by looking at a normalized view of net income plus depreciation and amortization minus the maintenance capital expenditures and acquisitions that are required to protect the business, adjusted for often overlooked items such as pensions, stock option expenses, and leases.
Market Cap - the aggregate valuation of a company based on its current share price and the total number of shares outstanding.
Return on Capital - is a profitability ratio. It measures the return that an investment generates for capital contributors i.e. stockholders. It indicates how effective a company is at turning capital into profits.
Duration - Duration is a measure of the sensitivity of the price - the value of principal - of a fixed-income investment to a change in interest rates. Duration is expressed as a number of years. Bond prices are said to have an inverse relationship with interest rates. Therefore, rising interest rates indicate bond prices are likely to fall, while declining interest rates indicate bond prices are likely to rise.
GDP - abbreviation for gross domestic product and measures the total value of goods produced and services provided in a country during one year.
Downside and upside capture - An upside capture ratio over 100 indicates a fund has generally outperformed the benchmark during periods of positive returns for the benchmark. Meanwhile, a downside capture ratio of less than 100 indicates that a fund has lost less than its benchmark in periods when the benchmark has been in the red.
Put and Call Definition - If a call is the right to buy, then perhaps unsurprisingly, a put is the option to sell the underlying stock at a predetermined strike price until a fixed expiry date. The put buyer has the right to sell shares at the strike price, and if he/she decides to sell, the put writer is obliged to buy at that price.
Dividend Yield - is the ratio of a company's annual dividend compared to its share price.
P/E (Price-to-Earnings) - The price-to-earnings ratio (P/E ratio) is the ratio for valuing a company that measures its current share price relative to its per-share earnings (EPS). The price-to-earnings ratio is also sometimes known as the price multiple or the earnings multiple. P/E ratios are used by investors and analysts to determine the relative value of a company's shares in an apples-to-apples comparison. It can also be used to compare a company against its own historical record or to compare aggregate markets against one another or over time.
Price to Sales - is calculated by taking a company's market capitalization (the number of shares outstanding multiplied by the share price) and divide it by the company's total sales or revenue usually over the past 12 months. This is typically used as a valuation ratio where the stock price is compared to its revenues.
ROE (Return on Equity) - is a measure of financial performance calculated by dividing net income by shareholders' equity. Because shareholders' equity is equal to a company’s assets minus its debt, ROE could be thought of as the return on net assets. ROE is considered a measure of how effectively management is using a company’s assets to create profits.
R&D - research and development. Refers to the activities companies undertake to innovate and introduce new products and services.
Coupon - A coupon is the annual interest rate paid on a bond, expressed as a percentage of the face value.
When clicking the news media links, you are leaving the YCG Funds Web site and entering a third party site. The YCG Funds Web site is not affiliated with, sponsored by, or endorsed by any third party site.
The views expressed in these news media links are those of the authors as of the dates of the piece and are not intended as forecasts or as investment recommendations.
Holdings and allocations are subject to change at any time and should not be considered a recommendation to buy or sell any security. Click here for holdings.
Growth stocks typically are more volatile than value stocks; however, value stocks have a lower expected growth rate in earnings and sales.
References to other mutual funds should not to be considered an offer to buy or sell these securities.
The Morningstar Rating™ for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history, without adjustment for sales loads. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating™ for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating™ metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. The YCGEX Fund was rated against the following numbers of Large Blend Funds over the following time periods as of 6/30/2019: 1339 funds overall, 1157 funds in the last three years, and 1029 funds in the last five years. With respect to these Large Blend Funds, YCGEX Fund received a Morningstar Rating of 5 stars, 5 stars and 5 stars for the overall, three-, and five- year periods, respectively.
© 2019 Morningstar, Inc. All Rights Reserved. The information contained herein (1) is proprietary to Morningstar (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any sue of this information. Past performance does not guarantee future results.
Morningstar ranked YCGEX in the top 2%, 3% and 3% out of 1339, 1157 and 1029 for the Large Cap Blend Category for the one-, three- and five-year periods ending 6/30/2019, respectively. Morningstar Rankings represent a fund’s total-return percentile rank relative to all funds that have the same Morningstar Category. The highest percentile rank is 1 and the lowest is 100. It is based on Morningstar total return, which includes both income and capital gains or losses and is not adjusted for sales charges or redemption fees.
Credit ratings are grades given to bonds that indicate their credit quality as determined by a private independent rating service such as Standard & Poor's. The firm evaluates a bond issuer's financial strength, or its ability to pay a bond's principal and interest in a timely fashion. Ratings are expressed as letters ranging from 'AAA', which is the highest grade, to 'D', which is the lowest grade. In limited situations when the rating agency has not issued a formal rating, the rating agency will classify the security as nonrated.
Earnings Growth is not a measure of the Fund's future performance.
For standard performance please click here. Performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher than the performance data quoted. Performance data current to the most recent month end may be obtained by calling 1-855-444-9243. Investment returns and principal value will fluctuate, and when sold, may be worth more or less than their original cost. Gross expense ratio is 1.24%.
Performance of YCG Enhanced Fund versus S&P 500 and Morningstar Large Cap Blend Category Peer Group as of 09/30/2019:
1- Year 3-Year 5-Year Since Inception
YCG Enhanced Fund (YCGEX) 15.76% 15.64% 12.00% 13.65%
S&P 500 TR Index 4.25% 13.39% 10.84% 14.11%
Morningstar Large Cap Blend Category 2.89% 11.65% 8.93% --
Returns for YCGEX are net of fees.
Since Inception date is 12/28/2012.
Quasar Distributors, LLC is not affiliated with the broker dealers mentioned in the July 6, 2019 Barron's article.