LGM Risk Managed Total Return Fund (LBETX)

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LGM Risk Managed Total Return Fund (LBETX) is up 4.3% since the beginning of the year. LBETX is currently trading at $12 per share. Investors who bought $1,000 worth of LBETX shares 5 years ago would now be looking at an investment worth $1,304.

LGM Risk Managed Total Return Fund (LBETX) has returned 4.26% so far this year and 7.65% over the past 12 months.

Based on dividend-adjusted daily data since Jun 12, 2017, LBETX's average daily return is +0.01%, while the average monthly return is +0.30%. At this rate, an investment would double in approximately 19.3 years.

Historically, 51% of months were positive and 49% were negative. The best month was Dec 2018 with a return of +5.8%, while the worst month was Feb 2020 at -7.0%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 5 months.

On a daily basis, LBETX closed higher 29% of trading days. The best single day was Dec 14, 2018 with a return of +5.8%, while the worst single day was Jun 11, 2020 at -4.2%.

LGM Risk Managed Total Return Fund has an annualized alpha of 0.96%, beta of 0.19, and R2 of 0.34 versus S&P 500 Index. Calculated based on daily prices since June 13, 2017.

• This fund participated in 23.42% of S&P 500 Index downside but only 19.17% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.19 may look defensive, but with R2 of 0.34 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.34 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.

LBETX has a high expense ratio of 2.32%, indicating above-average management fees.

LBETX ranks 43 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for LGM Risk Managed Total Return Fund (LBETX) and compare them to S&P 500 Index.

LGM Risk Managed Total Return Fund provided a 0.36% dividend yield over the last twelve months, with an annual payout of $0.04 per share.

The table displays the monthly dividend distributions for LGM Risk Managed Total Return Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the LGM Risk Managed Total Return Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the LGM Risk Managed Total Return Fund was 18.47%, occurring on Oct 28, 2020. Recovery took 825 trading sessions.

The chart below shows the rolling one-month volatility.