Summit Global Investments, LLC Launches Three New Funds

Share Article

The strategies were launched with the goal of expanding SGI’s core “Managed Risk Approach” ™ to a wider variety of strategies.

Summit Global Investments, LLC (SGI) today announced that it has launched three new funds that were effective June 8, 2020. The three funds, SGI Peak Growth Fund (Ticker: SGPKX), SGI Prudent Growth Fund (Ticker: SGPGX), and the SGI Conservative Fund (Ticker: SGCIX) were launched with the goal of expanding SGI’s core “Managed Risk Approach” ™ to a wider variety of strategies. The Funds will be housed with their current series trust provider, The RBB Fund, Inc.

Summit Global Investment’s “Managed Risk Approach”™ is the core philosophy at the firm, combining Risk, Return, and Impact of their client’s assets. Their belief has evolved over decades of research and continuous revisions to understand and potentially exploit what reduces risk, avoids pitfalls and elevated idiosyncratic risks, and drive market returns. For more information see

“We have been very pleased with the reception of our funds and investment philosophy,” said Dave Harden, Lead Portfolio Manager and President of Summit Global Investments, ”This is the next step in making our investment management more accessible to other channels, specifically the 401k market.”

Each fund will invest in securities of affiliated and unaffiliated open-end mutual funds and exchange-traded funds (“ETFs”) across six categories, with varying levels of risk. The SGI Peak Growth Fund invests primarily in Funds focusing on domestic equities and large capitalization foreign equities. The SGI Prudent Growth Fund favors Funds of domestic equity. The SGI Conservative Fund prefers Funds of investment grade bonds, with lesser amounts in other categories.

All three funds will be administered by the RBB Fund, Inc. Series Trust, whose lower cost and higher service levels allow SGI’s team to focus on running their portfolios and servicing their clients. The three funds are now available in one share class with a minimum initial investment requirement of $1,000 at both Schwab and Fidelity.

“We are thrilled to work with Summit on their latest endeavor,” said RBB Chairman Arnold Reichman. “They’ve been wonderful partners and we will continue to streamline the governance, so they can focus on seeking to deliver the best risk adjusted returns for their clients.”

About Summit Global Investments, LLC
Summit Global Investments, LLC is an SEC-registered investment adviser. As an investment firm, Summit Global Investments is employee-owned and operated by the managing partners. Summit Global Investments is located in Salt Lake City, Utah.

We are dedicated to managing equity strategies for investors through our “Managed Risk Approach”. Registered investment advisors, institutional investors and retail investors are able to access our expertise through a variety of avenues, from institutional separate accounts, separately-managed accounts (SMA/UMA) to mutual funds.

About The RBB Fund, Inc.
The first organized multiple series trust founded in 1988, The RBB Fund, Inc is a registered open-end investment company organized as a series trust under Maryland law. RBB is a turnkey solution which permits the advisor to focus on its core competency of asset management and shifts responsibility for the establishment, servicing, and corporate governance of funds to RBB. Today, RBB oversees approximately $15 billion in assets, supporting nine unaffiliated advisors, over 15 unaffiliated sub-advisors, and over 30 mutual fund or ETF offerings. For more information, please go to

Mutual fund investing involves risk. Principal loss is possible. Please see each Fund's prospectus for additional risks associated with investing in the Funds.

The Funds’ investment objectives, risks, charges, and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment companies. A hard copy may be obtained by calling 888-251-4847. Read the prospectus carefully before investing.

The Funds are distributed by Quasar Distributors, LLC.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Visit website