Fund Evaluator:

SGI US Large Cap Equity C Overview

SGI US Large Cap Equity C (SGICX) is an actively managed U.S. Equity Large Blend fund. Summit Global Investments launched the fund in 2015.

The investment seeks to outperform the S&P 500® Index over a market cycle while reducing overall volatility. The fund normally invests at least 80% of its net assets (including borrowings for investment purposes) in equity securities, primarily common stocks, of companies within the Russell 1000® Index and S&P 500® Index. Its investments will generally consist of securities, which may include common stocks, preferred stocks, warrants to acquire common stock, and securities convertible into common stock. The fund purchases equity securities traded in the U.S. on registered exchanges or the over-the-counter market.

About SGI US Large Cap Equity C (SGICX)

There are 2 members of the management team with an average tenure of 11.22 years: David Harden (2012), Aash Shah (2018). Management tenure is more important for actively managed funds than passive index funds.

The fund has 1 primary benchmark: S&P 500 (TR) (1970) index with a weighting of 100%. SGI US Large Cap Equity C has 108 securities in its portfolio. The top 10 holdings constitute 29.6% 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.

SGI US Large Cap Equity C is part of the Equity global asset class and is within the U.S. Equity fund group. SGI US Large Cap Equity C has 0.2% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 99.0%. There is 0.2% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). SGI US Large Cap Equity C has 0.9% of the portfolio in cash.

Assets Under Management

The fund has $1 million in total assets, which is below the $6 billion average for the Large Blend 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.

SGICX 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 SGI US Large Cap Equity C expense ratio is high compared to funds in the Large Blend category. SGI US Large Cap Equity C has an expense ratio of 1.98%, which is 144% higher than its category average, making the fund expense ratio grade a F. 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. SGI US Large Cap Equity C has a portfolio turnover rate of 171%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 48% for the Large Blend category.

Recently, in the month of July 2026, SGI US Large Cap Equity C returned 1.7%, which earned it a grade of B, as the Large Blend category had an average return of 0.4%. 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.

SGI US Large Cap Equity C has a trailing yield of 0.00%, which is below the 0.56% 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.

SGI US Large Cap Equity C Grades

Year to date, the fund has returned 10.9%, 1.6 percentage points better than the category, which translates into a grade of B. The fund has returned 18.7% over the past year (grade of C), 13.2% over the past three years (grade of F) and 7.0% per year over the past five years (grade of F) and 9.2% per year over the past 10 years (grade of F).

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