Performance
Trailing returns
| 1 day |
| -0.30% | |||
| 1 week | +0.00% | ||||
| 4 week | +3.25% |
| |||
| 3 month | +3.14% |
| |||
| YTD | +5.01% |
| |||
| 1 year | +3.47% |
| |||
| 3 years* | - | ||||
| 5 years* | - | ||||
| *annualized | |||||
| Best 3 month return | +5.97% | |
| Worst 3 month return | -7.24% |
Morningstar statistics
Morningstar category: World Allocation
Morningstar style Learn more
| Large | |||
| Mid | |||
| Small | |||
| Value | Blend | Growth |
Key statistics
| Total assets | 5.35M | |
| Front load | 4.25% | |
| Deferred load | - | |
| Expense ratio | 1.48% | |
| Management fee | - | |
| Fund family | American Independence |
Asset allocation
| Cash | 6.52% | |
| Stocks | 59.42% | |
| Bonds | 24.01% | |
| Preferred | 2.08% | |
| Convertible | 4.97% | |
| Other | 3.01% |
Purchase information
| Initial | US$5,000 | |
| Additional | US$250 | |
| AIP Initial | US$5,000 | |
| AIP Additional | US$25 |
9.90+0.05(0.51%)
May 17, 4:00PM EDT
Description
The investment seeks long term capital appreciation. The fund intends to invest at least 80% of its net assets, plus borrowings for investment purposes, in a universe of approximately eighteen (18) exchange-traded funds ("ETFs") in four major asset classes: Equity, Fixed Income, Alternatives and Commodities. Allocations within each asset class are based on proprietary business cycle quantitative models. In addition to investing primarily in ETFs, it may also invest in short-term money market securities, cash, money market mutual funds and Treasury Bills for temporary purposes.
Fund filings (PDF) »
Fund filings (PDF) »
Asset manager:
Imanol Laresgoiti (Started: Dec 20, 2012)
Imanol Laresgoiti (Started: Dec 20, 2012)
American Independence, 335 Madison Avenue, Mezzanine, New York, NY 10017, USA
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | 3.21 | - | - | - | |
| Beta* | -0.07 | - | - | - | |
| Mean annual return | 0.21 | - | - | - | |
| R-squared* | 1.66 | - | - | - | |
| Standard deviation | 3.87 | - | - | - | |
| Sharpe ratio | 0.64 | - | - | - | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| SPDR S&P 500 | 14.74% | |
| Energy Select Sector SPDR | 13.99% | |
| Vanguard FTSE Europe ETF | 8.41% | |
| Vanguard FTSE Emerging Markets ETF | 7.52% | |
| SPDR Barclays Capital Convertible Secs | 7.40% | |
| Vanguard REIT Index ETF | 5.62% | |
| Market Vectors Agribusiness ETF | 5.61% | |
| SPDR DB Intl Govt Infl-Protected Bond | 4.63% | |
| iShares Barclays MBS Bond | 4.60% | |
| iShares MSCI Japan Index | 3.73% |