Fund Evaluator:
SGI Peak Growth (SGPKX)
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Best Performing in Large Blend Over the Last Year
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Fund Details
SGI Peak Growth Overview
SGI Peak Growth (SGPKX) is an actively managed U.S. Equity Large Blend fund. Summit Global Investments launched the fund in 2020.
The investment seeks capital appreciation. The fund invests in securities of affiliated and unaffiliated open-end mutual funds and ETFs. It may allocate assets across six categories of underlying funds: domestic equities, foreign equities, domestic investment-grade bonds, domestic high yield bonds, foreign investment-grade and high yield bonds, and money market funds. The advisor may focus the fund's investments in a particular industry or sector for the purpose of capitalizing on performance momentum in that industry or sector due to significant changes in market conditions or geopolitical conditions.
About SGI Peak Growth (SGPKX)
There are 2 members of the management team with an average tenure of 6.15 years: David Harden (2020), Aash Shah (2020). 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 Peak Growth has 12 securities in its portfolio. The top 10 holdings constitute 95.9% 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 Peak Growth is part of the Equity global asset class and is within the U.S. Equity fund group. SGI Peak Growth has 20.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 75.8%. There is 20.1% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 12.5% (12.5% domestic bond, 0.0% foreign bond and 0.0% convertible bond). SGI Peak Growth has -19.3% of the portfolio in cash.
Assets Under Management
The fund has $73 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.
SGPKX 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 Peak Growth expense ratio is high compared to funds in the Large Blend category. SGI Peak Growth has an expense ratio of 1.08%, which is 33% higher than its category average, making the fund expense ratio grade a D. 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 Peak Growth has a portfolio turnover rate of 81%, 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 Peak Growth returned -1.9%, which earned it a grade of F, 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 Peak Growth has a trailing yield of 2.17%, which is above the 0.56% category average. The fund normally distributes its income 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 Peak Growth Grades
Year to date, the fund has returned 13.8%, 4.5 percentage points better than the category, which translates into a grade of A. The fund has returned 24.1% over the past year (grade of A), 14.4% over the past three years (grade of F) and 8.0% per year over the past five years (grade of F).
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SGPKX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| SGPKX Return (NAV) | -1.9% | 4.1% | 24.1% | 14.4% | 8.0% | na |
| SGPKX Grade | F | C | A | F | F | na |
| +/- Category | -2.3% | 0.0% | 6.6% | -2.9% | -3.1% | na |
| Large Blend Avg | 0.4% | 4.1% | 17.5% | 17.3% | 11.1% | 13.7% |
| SGPKX Tax Cost Ratio | na | na | 1.2% | 1.5% | 1.8% | na |
SGPKX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| SGPKX Return (NAV) | 13.8% | 15.3% | 10.4% | 14.1% | -14.3% | 11.1% | na | na | na | na | na |
| SGPKX Grade | A | D | F | F | A | F | na | na | na | na | na |
| +/- Category | 4.5% | -0.5% | -11.7% | -9.6% | 3.0% | -15.4% | na | na | na | na | na |
| Large Blend Avg | 9.3% | 15.8% | 22.1% | 23.7% | -17.3% | 26.5% | 17.5% | 29.8% | -5.9% | 21.3% | 10.2% |
| Risk Measures | |
| Standard Deviation: | 12.8% |
| Total Risk Index: | 1.05 - Above Average |
| Category Risk Index: | 0.97 - Below Average |
| Category Risk Grade: | B (29% Rank) |
| Beta: | 0.92 |
| R-Squared: | 88% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 2.2% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | |
| Total Assets: | $73 Mil |
| Fund Total Assets: | $ 74 Mil |
| Share Class Type: | Other |
| Portfolio Turnover: | 81% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 6.2 years | |||
| Average Tenure: 6.2 years | |||
| Managers (Year): Harden David (2020), Shah Aash (2020) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 12 |
| % in Top 10 Holdings: | 95.9% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 20.1% |
Portfolio Allocation |
|
| Domestic Stock: | 75.8% |
| Foreign Stock: | 20.1% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 12.5% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 10.8% |
| Cash: | -19.3% |
Purchase Information
| Fund Family: | Summit Global Investments |
| Phone Number: | 855-744-8500 |
| Website: | www.rbbfund.com |
| Status: | Open |
| Inception Date: | June 8, 2020 |
| Min. Initial Purchase: | $1,000 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 1.08% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.81% |
| Share Class: | SGI Peak Growth |
| Min. Subsequent Purchase: | $ 100 |
| Min. Subsequent IRA Purchase: | $ 0 |
