SBAuer Funds, LLC

SBAuer Funds, LLC provides discretionary portfolio management primarily to an investment company, acting as the investment manager to the Auer Growth Fund, a mutual fund registered under the Investment Company Act of 1940. The firm manages model asset-allocation portfolios and reported approximately $61.3 million in discretionary assets as of December 31, 2025.

Its investment process combines fundamental and quantitative analysis and employs both long-term capital appreciation and shorter-term trading when holdings meet the firm’s sell criteria (for example, selling positions that double in value). The firm manages the fund on a continuous, discretionary basis, aggregates trades when advantageous, and maintains written policies for ongoing monitoring and proxy voting.

Distinctive features include its focus on serving a mutual fund as its primary client and providing portfolio management specifically for an investment company, a structure that is relatively uncommon among investment managers. The brochure also discloses an affiliation with Allworth Financial LP and notes the use or display of third‑party ratings for the fund, which may be relevant to prospective institutional investors evaluating governance and external evaluations.