Fund Evaluator:
YCG Enhanced (YCGEX)
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Best Performing in Large Growth Over the Last Year
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Fund Details
YCG Enhanced Overview
YCG Enhanced (YCGEX) is an actively managed U.S. Equity Large Growth fund. YCG FUNDS launched the fund in 2012.
The investment seeks to maximize long-term capital appreciation consistent with reasonable investment risk. The fund invests primarily in equity securities without regard to market capitalization that the Adviser believes will produce high, risk-adjusted, forward rates of return. It may write options on a portion of the fund's long equity portfolio as a means to generate additional income and to tax-efficiently enter and exit positions. It is non-diversified.
About YCG Enhanced (YCGEX)
There are 2 members of the management team with an average tenure of 13.68 years: Brian Yacktman (2012), Elliott Savage (2012). 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 S&P Global BMI TR USD index with a weighting of 100%. YCG Enhanced has 61 securities in its portfolio. The top 10 holdings constitute 52.5% of the fund’s assets. The fund meets the SEC requirement of being classified as a nondiversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
YCG Enhanced is part of the Equity global asset class and is within the U.S. Equity fund group. YCG Enhanced has 9.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 85.0%. There is 9.1% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 4.8% (4.8% domestic bond, 0.0% foreign bond and 0.0% convertible bond). YCG Enhanced has 1.2% of the portfolio in cash.
Assets Under Management
The fund has $515 million in total assets, which is below the $2 billion average for the Large 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.
YCGEX 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 YCG Enhanced expense ratio is high compared to funds in the Large Growth category. YCG Enhanced has an expense ratio of 1.17%, which is 22% 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. YCG Enhanced has a portfolio turnover rate of 10%, indicating that holds its assets around 0.1 years. By way of comparison, the average portfolio turnover is 55% for the Large Growth category.
Recently, in the month of August 2026, YCG Enhanced returned 1.9%, which earned it a grade of F, as the Large Growth category had an average return of 3.3%. 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.
YCG Enhanced has a trailing yield of 0.00%, which is below the 0.06% 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.
YCG Enhanced Grades
Year to date, the fund has returned -4.3%, 11.5 percentage points worse than the category, which translates into a grade of F. The fund has returned -5.1% over the past year (grade of F), 5.8% over the past three years (grade of F) and 3.0% per year over the past five years (grade of F) and 10.9% per year over the past 10 years (grade of F).
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YCGEX Trailing NAV Total Returns Data as of 8/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| YCGEX Return (NAV) | 1.9% | 3.1% | -5.1% | 5.8% | 3.0% | 10.9% |
| YCGEX Grade | F | A | F | F | F | F |
| +/- Category | -1.4% | 4.3% | -17.1% | -14.2% | -5.7% | -4.8% |
| Large Growth Avg | 3.3% | -1.2% | 12.0% | 20.0% | 8.6% | 15.7% |
| YCGEX Tax Cost Ratio | na | na | 1.3% | 0.9% | 1.0% | 0.9% |
YCGEX Annual NAV Total ReturnsData as of 8/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| YCGEX Return (NAV) | -4.3% | 4.2% | 12.0% | 30.2% | -22.4% | 27.1% | 17.3% | 41.2% | -3.2% | 22.8% | 5.8% |
| YCGEX Grade | F | F | F | F | A | A | F | A | D | F | B |
| +/- Category | -11.5% | -11.5% | -17.6% | -8.5% | 9.7% | 6.9% | -24.9% | 8.0% | -2.5% | -7.0% | 3.1% |
| Large Growth Avg | 7.2% | 15.7% | 29.6% | 38.7% | -32.1% | 20.2% | 42.1% | 33.2% | -0.7% | 29.8% | 2.7% |
| Risk Measures | |
| Standard Deviation: | 11.8% |
| Total Risk Index: | 0.97 - Average |
| Category Risk Index: | 0.67 - Low |
| Category Risk Grade: | A (0% Rank) |
| Beta: | 0.73 |
| R-Squared: | 64% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 0.0% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $515 Mil |
| Fund Total Assets: | $ 515 Mil |
| Share Class Type: | Other |
| Portfolio Turnover: | 10% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 13.7 years | |||
| Average Tenure: 13.7 years | |||
| Managers (Year): Yacktman Brian (2012), Savage Elliott (2012) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 61 |
| % in Top 10 Holdings: | 52.5% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 9.1% |
Portfolio Allocation |
|
| Domestic Stock: | 85.0% |
| Foreign Stock: | 9.1% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 4.8% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.2% |
Purchase Information
| Fund Family: | YCG FUNDS |
| Phone Number: | 855-444-9243 |
| Website: | www.ycgfunds.com |
| Status: | Open |
| Inception Date: | December 28, 2012 |
| Min. Initial Purchase: | $2,500 |
| Min. Initial IRA Purchase: | $1,000 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 2.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 1.17% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.96% |
| Share Class: | YCG Enhanced |
| Min. Subsequent Purchase: | $ 100 |
| Min. Subsequent IRA Purchase: | $ 100 |
