FundX Conservative Upgrader Fund (RELAX)
FundX Conservative Upgrader Fund operates in the Asset Management industry of the Financial Services sector, headquartered in San Francisco, CA. The stock last traded at $35.70, up 0.82% on the session, giving a market capitalisation of $57.8M. Its beta of 0.68 implies it has historically moved less than the broad market.
This fund operates as a 'fund-of-funds,' primarily allocating its capital to other investment vehicles. These 'underlying funds' are comprised of no-load or load-waived mutual funds, alongside exchange-traded funds (ETFs). In turn, these underlying investments hold individual securities, such as common stocks and corporate or government bonds. The Advisor dynamically oversees the fund's portfolio, employing a proprietary investment strategy called 'Upgrading,' which seeks to capitalize on prevailing global market trends.
FundX Conservative Upgrader Fund is most often compared with the following Financial Services names: