Gotham Enhanced S&P 500 Index Fund (GSPFX)

100% Long

NAV $12.43

Daily Return -0.16%

Since Inception Return (Cum) 52.83%

TickerGSPFX
CUSIP360875322
Minimum Investment$5,000
Fund Net Assets$6,880,780
Inception DateDecember 31, 2016
As of 11/14/2019

Investment Overview

The Gotham Enhanced S&P 500 Index Fund (the “Fund”) is a value weighted long-only U.S. equity strategy that selects primarily from the S&P 500 investment universe. The Fund seeks long-term capital appreciation by investing in long positions of equity securities that comprise the S&P 500 Index in weights based on Gotham's assessment of value and the security's weight in the index.

Investment Strategy and Process

Gotham's proprietary equity research and risk controls are used to select the portfolio primarily from a large market capitalization universe.

The Co-CIOs and their team of equity analysts employ Gotham’s proprietary analytical framework to evaluate stocks within the coverage universe on measures of absolute and relative value.

The portfolio is rebalanced daily to weight most heavily those stocks that are priced at the largest discount to Gotham's assessment of value. In general, as a company appears cheaper, its weight in the portfolio increases.

Risk for the Fund is managed following a disciplined proprietary process limiting concentration in any one company, industry or sector. In addition, exposures are managed daily to remain within carefully defined ranges.

Performance as of 10/31/2019

  Month Trailing 3
Months
YTD 1 YEAR Since Inception Annualized1 Since Inception Cumulative1
The Gotham Enhanced S&P 500 Index Fund 1.93% 3.14% 21.84% 12.08% 15.24% 49.51%
S&P 500 2.17% 2.43% 23.16% 14.33% 13.59% 43.47%

1Inception date: 12/31/2016

Please click here to view quarterly standardized performance

Composition & Holdings as of 09/30/2019

Portfolio Composition
Long Holdings 498
Net Sector Allocation (% of Equity)
Information Technology 23.23%
Health Care 15.38%
Communication Services 13.77%
Consumer Discretionary 12.41%
Consumer Staples 10.73%
Industrials 8.82%
Financials 6.51%
Energy 4.03%
Materials 2.94%
Utilities 1.18%
Real Estate 0.50%

Fees & Minimums

Purchase of Shares
Investment Minimum $5,000
Additional Investment Minimum $100

Annual Fund Operating Expenses
Gross Expense Ratio1 2.55%
Net Expense Ratio 0.50%
Distribution (12b-1) Fee None

Shareholder Fees
Sales Load None
Deferred Sales Load None
Redemption Fee (within 30 days) 1.00%

Purchase Directly through the Fund Family (See Below)

OR

Available at the Following Firms:

  • 1.

    To purchase directly, Complete Online Application for Non-Retirement Account or Retirement Account:

    CLICK HERE for the application

  • 2.

    Any questions?

     

    If you have any questions, please contact Shareholder Services at (877) 974-6852 Monday – Friday 9:00am to 5:00pm ET.