Fund Evaluator:

ERShares Global Entrepreneurs™ Instl Overview

ERShares Global Entrepreneurs™ Instl (ENTIX) is an actively managed International Equity Global Large-Stock Growth fund. EntrepreneurShares launched the fund in 2010.

The investment seeks long-term capital appreciation. The fund seeks investment results that exceed the performance, before fees and expenses, of the MSCI World Index. It will invest at least 40% of its net assets (plus any borrowing for investment purposes) in equity securities of companies domiciled or headquartered outside of the United States, or whose primary business activities or principal trading markets are located outside of the United States ("foreign companies").

About ERShares Global Entrepreneurs™ Instl (ENTIX)

There are 1 members of the management team with an average tenure of 15.73 years: Joel Shulman (2010). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and MSCI World NR USD index with a weighting of 100%. ERShares Global Entrepreneurs™ Instl has 57 securities in its portfolio. The top 10 holdings constitute 41.6% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

ERShares Global Entrepreneurs™ Instl is part of the Equity global asset class and is within the International Equity fund group. ERShares Global Entrepreneurs™ Instl has 17.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 73.2%. There is 17.6% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 1.0% (1.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). ERShares Global Entrepreneurs™ Instl has 8.2% of the portfolio in cash.

Assets Under Management

The fund has $43 million in total assets, which is below the $988 million average for the Global Large-Stock Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

ENTIX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The ERShares Global Entrepreneurs™ Instl expense ratio is high compared to funds in the Global Large-Stock Growth category. ERShares Global Entrepreneurs™ Instl has an expense ratio of 0.98%, which is 12% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. ERShares Global Entrepreneurs™ Instl has a portfolio turnover rate of 82%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 47% for the Global Large-Stock Growth category.

Recently, in the month of July 2026, ERShares Global Entrepreneurs™ Instl returned 0.4%, which earned it a grade of A, as the Global Large-Stock Growth category had an average return of -2.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

ERShares Global Entrepreneurs™ Instl has a trailing yield of 0.05%, which is below the 0.27% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

ERShares Global Entrepreneurs™ Instl Grades

Year to date, the fund has returned -5.2%, 11.2 percentage points worse than the category, which translates into a grade of F. The fund has returned -5.3% over the past year (grade of F), 16.2% over the past three years (grade of B) and 3.5% per year over the past five years (grade of D) and 9.5% per year over the past 10 years (grade of F).

For more mutual fund grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.

Otherwise, for more information about ERShares Global Entrepreneurs™ Instl, including its riskiness, submit your email to unlock the rest of the article.