Performance of NoLoad FundX

The only fund newsletter to beat the market since 1980, according to the
Wall Street Journal, "Look Who's Beating the Market," June 2014.

Year by Year Performance

The Monthly Upgrader Portfolio is NoLoad FundX's recommended equity portfolio.

  Monthly
Upgrader
Portfolio
MSCI ACWI DJIA S & P 500 NASDAQ
 
(Recommended)Index Returns Include Reinvested Dividends
2001 3.1% -16.2% -5.5% -11.9% -21.1%
2002 -11.1% -19.3% -15.0% -22.1% -31.5%
2003 31.9% 34.0% 28.3% 28.7% 50.0%
2004 16.6% 15.2% 5.6% 10.9% 8.6%
2005 15.3% 10.8% 1.7% 4.9% 1.4%
2006 21.8% 21.0% 19.0% 15.8% 9.5%
2007 17.8% 11.7% 8.9% 5.4% 9.8%
2008 -41.9% -42.2% -31.9% -37.0% -40.5%
2009 26.5% 34.6% 22.6% 26.5% 43.9%
2010 10.5% 12.7% 14.0% 14.9% 16.9%
2011 -6.0% -7.4% 8.4% 2.1% -1.8%
2012 14.4% 16.1% 10.2% 16.0% 15.9%
2013 31.0% 22.8% 29.6% 32.3% 38.3%
2014 9.6% 4.2% 10.0% 13.7% 13.4%
2015 3.1% -2.4% 0.2% 1.4% 5.7%
2016 7.9% 7.9% 16.5% 12.0% 7.5%
 
Cumulative Returns 225% 84% 133% 107% 103%
 
Avg. Annual Returns 7.7% 4.4% 6.4% 5.4% 5.0%

Long term performance of NoLoad FundX's four equity risk classes.

  Class 1

Most Speculatative Funds
Class 2

Speculatative
Funds
Class 3

Core
Funds
Class 4

Total Return Funds
S & P 500

(w/divs)
1980
(From 6/30)
20.3% 55.2% 29.5%   21.8%
1981 -18.3% -12.6% -1.4%   -5.0%
1982 34.5% 25.6% 35.0%   21.6%
1983 8.0% 29.4% 25.7%   22.6%
1984 -20.1% -6.8% 9.1%   6.3%
1985 22.7% 25.2% 38.1%   31.7%
1986 14.7% 26.9% 40.6%   18.7%
1987 -11.7% -11.0% -3.0% -5.2% 5.3%
1988 -3.6% 16.4% 15.2% 10.2% 16.6%
1989 33.4% 27.5% 28.3% 18.9% 31.7%
1990 -24.0% -12.3% -10.4% -3.8% -3.1%
1991 76.4% 39.2% 29.4% 23.4% 30.5%
1992 2.1% -2.8% 7.9% 9.1% 7.6%
1993 19.3% 25.2% 21.0% 21.4% 10.1%
1994 -23.4% -4.2% 1.9% -4.9% 1.3%
1995 34.9% 37.2% 30.5% 30.6% 37.6%
1996 17.4% 14.8% 19.6% 15.0% 23.0%
1997 10.8% 21.2% 26.8% 26.7% 33.4%
1998 25.3% 36.6% 29.8% 6.3% 28.6%
1999 155.7% 112.2% 44.1% 30.4% 21.1%
2000 -8.6% -7.9% 6.3% 0.7% -9.1%
2001 -11.2% 7.8% 8.3% 8.6% -11.9%
2002 6.1% -23.2% -14.0% -4.8% -22.1%
2003 42.2% 55.5% 40.0% 34.6% 28.7%
2004 -1.4% 10.0% 13.9% 12.5% 10.9%
2005 37.8% 17.2% 8.6% 8.8% 4.9%
2006 16.7% 30.4% 22.6% 20.9% 15.8%
2007 40.6% 18.2% 9.5% 14.9% 5.4%
2008 -37.4% -37.9% -40.1% -22.4% -37.0%
2009 25.6% 34.7% 24.0% 25.0% 26.6%
2010 20.0% 12.7% 9.5% 13.3% 14.9%
2011 -15.3% -1.2% -6.9% -0.1% 2.0%
2012 16.1% 9.0% 12.5% 7.9% 15.9%
2013 31.1% 31.6% 31.3% 21.4% 32.3%
2014 9.6% 4.5% 8.6% 7.5% 13.7%
2015 -2.3% 4.8% 4.7% -5.0% 1.4%
2016 -2.3% 7.7% 10.4% 6.8% 12.0%
 
Growth of $10,000 $445,359 $1,245,940 $1,183,497 $183,054 $521,701
 
Avg. Annual Returns 11.0% 14.1% 14.0% 10.2% 11.4%

Classes 1, 2, and 3 inception 6/30/1980. Class 4 inception 12/31/1986.
** Results are computed by The Hulbert Financial Digest.

Disclosures:
NoLoad FundX is published by FundX Investment Group and incorporates the firm's Upgrading strategy. Funds and ETFs included in the newsletter are segregated into 4 risk classes based on historical volatility. Funds are reviewed periodically and may be moved to a different risk class if it is determined that recent performance justifies a change. Class 3 is our recommended risk category for building a core portfolio of mutual funds for long-term growth. The universe of funds in Class 3 is not constant and includes both actively and passively managed funds. FundX managed accounts may experience different results.

Hulbert Financial Digest is an independent publication that tracks the performance of investment newsletters. Hulbert began tracking NoLoad FundX in mid-1980. NoLoad FundX's long-term performance was initially based on the Class 3 Star Box. In August 2009, Hulbert began tracking NoLoad FundX performance based on the Monthly Upgrader Portfolio.

For the performance of Classes 1, 2, 3, and 4, Hulbert follows the Star Boxes. Initially, the Star Boxes mechanically updated to the top five funds (excluding any funds with redemption fees longer than 30 days). In 2012, the Star Boxes became managed portfolios: funds were held a minimum of 90 days (ETFs may be held for shorter periods), and we hold a fund until its rank falls below our set sell threshold.

Although fund-imposed redemption fees are factored into the results, brokerage fees, taxes and any outside management fees are not included. If applicable, these additional costs would have a negative impact on one's actual returns.

Actual results fluctuate in value on a daily basis and therefore intra-year results would be different (either better or worse) than those shown. Some of the most volatile periods have historically occurred and corrected themselves within a given year. In 2000, for example, the S&P 500 lost 9.1% for the calendar year but lost as much as 15% between 3/24 and 12/21. All of the indexes shown are for comparison purposes only. Both the indexes and model portfolio assume reinvestment of dividends and capital gains. They do not represent actual investments and are simply used as commonly seen benchmarks to demonstrate the general market environment in each of the calendar years shown. While the model portfolio invests in mutual funds that have internal fees reflected in the reported performance, the benchmark indexes do not include management fees.

As with all historical data, past performance is not an indication of future results. Investments in equity mutual funds such as those reflected in the performance figures above carry an inherent element of risk including the potential for an actual loss of principal. Actual results may vary.