BEEHX
Fund Overview
What were the Fund's costs for the last six months?
(based on a hypothetical $10,000 investment)
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
|---|---|---|
The BeeHive Fund | $ |
How did the Fund perform in the last six months?
In the first half of 2024, the fund increased +6.81%, net of fees, which compared to the S&P 500 benchmark +15.29%. From a sector level, the underperformance was driven by a few factors:
an underweight allocation to information technology, which meaningfully outperformed the benchmark,
an overweight to financials and materials, which underperformed the benchmark
Partly offset by:
an overweight to communication services, which outperformed
an underweight to energy and industrials, which underperformed.
Stock selection within communications services, information technology, and consumer also hurt the relative performance, particularly as it related to the performance of several large-cap stocks which the fund does not own as detailed below.
Top Contributors
Top Detractors
Microsoft (MSFT)
Oracle (ORCL)
JPMorgan Chase & Co. (JPM)
Chubb (CB)
Fiserv (FI)
Apple (APPL)
Adobe (ADBE)
Nestle (NSRGY)
Crown Holdings (CCK)
Berry Global (BERY)
Total Return Based on a $10,000 Investment
Date | ||
|---|---|---|
06/30/14 | $10,000 | $ |
09/30/14 | $9,666 | $ |
12/31/14 | $10,111 | $ |
03/31/15 | $10,104 | $ |
06/30/15 | $10,304 | $ |
09/30/15 | $9,395 | $ |
12/31/15 | $9,968 | $ |
03/31/16 | $9,697 | $ |
06/30/16 | $9,551 | $ |
09/30/16 | $10,055 | $ |
12/31/16 | $10,577 | $ |
03/31/17 | $11,044 | $ |
06/30/17 | $11,578 | $ |
09/30/17 | $11,793 | $ |
12/31/17 | $11,747 | $ |
03/31/18 | $11,423 | $ |
06/30/18 | $11,369 | $ |
09/30/18 | $12,163 | $ |
12/31/18 | $10,457 | $ |
03/31/19 | $12,237 | $ |
06/30/19 | $13,235 | $ |
09/30/19 | $13,474 | $ |
12/31/19 | $14,250 | $ |
03/31/20 | $11,493 | $ |
06/30/20 | $13,370 | $ |
09/30/20 | $14,795 | $ |
12/31/20 | $16,472 | $ |
03/31/21 | $17,325 | $ |
06/30/21 | $18,501 | $ |
09/30/21 | $18,322 | $ |
12/31/21 | $19,897 | $ |
03/31/22 | $18,808 | $ |
06/30/22 | $16,024 | $ |
09/30/22 | $14,862 | $ |
12/31/22 | $16,112 | $ |
03/31/23 | $17,252 | $ |
06/30/23 | $18,586 | $ |
09/30/23 | $18,099 | $ |
12/31/23 | $19,455 | $ |
03/31/24 | $20,373 | $ |
06/30/24 | $20,780 | $ |
The above chart represents historical performance of a hypothetical $10,000 investment over the past 10 years.
Average Annual Total Returns
One Year | Five Year | Ten Year | |
|---|---|---|---|
The BeeHive Fund | |||
S&P 500® Index |
Fund Statistics
Total Net Assets | $ |
# of Portfolio Holdings | |
Portfolio Turnover Rate | |
Investment Advisory Fees (Net of fees waived and expenses reimbursed)
| $ |
Sector Weightings
(% total investments)*
Value | Value |
|---|---|
Information Technology | |
Financials | |
Communication Services | |
Health Care | |
Consumer Staples | |
Materials | |
Consumer Discretionary | |
Real Estate |
* excluding cash equivalents
Top Ten Holdings
(% of investments)*
Microsoft Corp. | |
Apple, Inc. | |
Alphabet, Inc., Class A | |
Oracle Corp. | |
Alphabet, Inc., Class C | |
Thermo Fisher Scientific, Inc. | |
Chubb, Ltd. | |
JPMorgan Chase & Co. | |
Intercontinental Exchange, Inc. | |
Elevance Health, Inc. |
* excluding cash equivalents
Asset Class Weightings
(% total net investments)
Value | Value |
|---|---|
Common Stock | |
Money Market Fund |
Material Fund Changes
Effective
Where can I find additional information about the fund?
The Fund is distributed by Foreside Fund Services, LLC, a wholly owned subsidiary of Foreside Financial Group, LLC (dba ACA Group). If you wish to view additional information about the Fund; including but not limited to its prospectus, holdings, financial information, and proxy information, please visit www.thebeehivefund.com or scan the QR code below.
237S-