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AABBX American Indep Dynamic Cnsrv Pls A

  • Fund
  • AABBX
  • Price as of: N/A
  • N/A
  • N/A
  • N/A
  • Category
  • Uncategorized

AABBX - Profile

Vitals

  • YTD Return N/A
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $3.53 M
  • Holdings in Top 10 59.2%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.96%

SALES FEES

  • Front Load 4.25%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover N/A

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of 2013-08-23

STANDARD (TAXABLE)

$5,000

IRA

N/A

Investment Themes

CATEGORY

Uncategorized
  • Fund Type Open End Mutual Fund
  • Investment Style World Allocation

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.84%
DIVIDENDS
  • Dividend Yield N/A
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name American Independence Dynamic Conservative Plus Fund
  • Fund Family Name American Independence
  • Inception Date Jul 07, 2010
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Imanol Laresgoiti

Fund Description

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.

AABBX - Performance

Return Ranking - Trailing

Period AABBX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD N/A -100.0% 255.6% N/A N/A
1 Yr -0.8% -100.0% 130.8% 60.71% 4
3 Yr N/A * -100.0% 35.2% N/A N/A
5 Yr N/A * -100.0% 31.2% N/A N/A
10 Yr N/A * -100.0% 26.4% N/A N/A

* Annualized


Return Ranking - Calendar

Period AABBX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 N/A -99.4% 17840.0% N/A N/A
2017 N/A -78.9% 256.0% N/A N/A
2016 N/A -75.8% 9900.0% N/A N/A
2015 N/A -100.0% 102.9% N/A N/A
2014 N/A -100.0% 52.5% N/A N/A

Total Return Ranking - Trailing

Period AABBX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD N/A -100.0% 255.6% N/A N/A
1 Yr -5.1% -100.0% 85.0% 74.54% 5
3 Yr N/A * -100.0% 35.2% N/A N/A
5 Yr N/A * -100.0% 35.0% N/A N/A
10 Yr N/A * -100.0% 57.7% N/A N/A

* Annualized


Total Return Ranking - Calendar

Period AABBX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 N/A -99.4% 9900.0% N/A N/A
2017 N/A -78.9% 256.0% N/A N/A
2016 N/A -75.8% 1566.8% N/A N/A
2015 N/A -100.0% 368.4% N/A N/A
2014 N/A -100.0% 222.5% N/A N/A

NAV & Total Return History

AABBX - Holdings

Filings data as of: Aug 31, 2013

Concentration Analysis

AABBX Category Low Category High AABBX % Rank Quintile
Net Assets 3.53 M 0 773 B 53.86% 5
Number of Holdings 21 1 12343 10.95% 5
Net Assets in Top 10 2.09 M -1.14 B 135 B 51.27% 5
Weighting of Top 10 59.2% 0.0% 20474.3% 10.78% 2

Top 10 Holdings

  1. SPDR S&P 500 13.37%
  2. Energy Select Sector SPDR 7.99%
  3. Vanguard FTSE Europe ETF 6.54%
  4. SPDR Barclays Capital Convertible Secs 6.01%
  5. Vanguard FTSE Emerging Markets ETF 5.91%
  6. Vanguard REIT Index ETF 4.47%
  7. Market Vectors Agribusiness ETF 4.46%
  8. iShares Barclays MBS Bond 3.79%
  9. SPDR DB Intl Govt Infl-Protected Bond 3.74%
  10. iShares MSCI Japan Index 2.91%

Asset Allocation

Weighting Category Low Category High AABBX % Rank Quintile
Stocks
45.44% -139.64% 292.26% 19.66% 3
Cash
26.43% -664.42% 7388.76% 5.59% 1
Bonds
20.21% -234.98% 334.49% 20.58% 3
Convertible Bonds
3.94% -0.37% 144.58% 1.83% 1
Other
2.24% -7288.76% 764.42% 6.27% 1
Preferred Stocks
1.73% -21.20% 79.25% 3.36% 1

Stock Sector Breakdown

Weighting Category Low Category High AABBX % Rank Quintile
Energy
10.62% -10.34% 174.34% 4.83% 1
Financial Services
5.26% -13.54% 92.29% 24.52% 4
Real Estate
4.97% -8.52% 100.00% 7.80% 1
Consumer Defense
4.40% -6.67% 66.36% 14.75% 3
Basic Materials
3.88% -9.89% 99.95% 10.21% 2
Industrials
3.83% -19.53% 100.00% 22.14% 4
Technology
3.49% -12.25% 89.88% 26.66% 4
Consumer Cyclical
3.33% -27.57% 78.32% 23.12% 4
Healthcare
2.79% -9.85% 98.18% 21.87% 4
Communication Services
1.63% -3.38% 39.72% 10.72% 3
Utilities
1.02% -11.62% 87.74% 11.63% 3

Stock Geographic Breakdown

Weighting Category Low Category High AABBX % Rank Quintile
US
27.60% -139.64% 289.81% 22.41% 3
Non US
17.84% -35.82% 159.65% 14.97% 2

Bond Sector Breakdown

Weighting Category Low Category High AABBX % Rank Quintile
Cash & Equivalents
26.42% -667.27% 7388.76% 5.71% 1
Government
12.41% -242.10% 276.84% 9.46% 1
Corporate
10.32% -87.37% 261.62% 14.38% 2
Securitized
3.08% -0.42% 331.51% 10.70% 2
Derivative
0.01% -154.56% 64.95% 2.33% 1
Municipal
0.00% 0.00% 167.71% 7.95% 4

Bond Geographic Breakdown

Weighting Category Low Category High AABBX % Rank Quintile
Non US
10.15% -716.47% 232.23% 8.21% 1
US
10.06% -262.85% 668.05% 22.35% 3

AABBX - Expenses

Operational Fees

AABBX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.96% -2.86% 1279.35% 10.36% 4
Management Fee 0.50% 0.00% 2.87% 1.99% 2
12b-1 Fee 0.35% 0.00% 1.00% 0.59% 4
Administrative Fee 0.13% 0.00% 465000.00% 1.40% 4

Sales Fees

AABBX Fees (% of AUM) Category Low Category High AABBX Rank Quintile
Front Load 4.25% 0.00% 25.00% 1.07% 2
Deferred Load N/A 0.50% 6.00% N/A N/A

Trading Fees

AABBX Fees (% of AUM) Category Low Category High AABBX Rank Quintile
Max Redemption Fee N/A 0.00% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

AABBX Fees (% of AUM) Category Low Category High AABBX Rank Quintile
Turnover N/A 0.00% 12930.00% N/A N/A

AABBX - Distributions

Dividend Yield Analysis

AABBX Category Low Category High AABBX % Rank Quintile
Dividend Yield N/A 0.00% 107.25% N/A N/A

Dividend Distribution Analysis

AABBX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Daily Annually

Net Income Ratio Analysis

AABBX Category Low Category High AABBX % Rank Quintile
Net Income Ratio -0.84% -6.90% 11.58% 12.36% 5

Capital Gain Distribution Analysis

AABBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

AABBX - Managers

Imanol Laresgoiti

Manager

Start Date

Dec 20, 2012

Tenure

0.7

Tenure Rank

6.1%

Imanol Laresgoiti, Portfolio Manager. Mr. Laresgoiti joined AIFS in 2012 as an investment manager for the firm’s Conservative Plus Portfolio Strategy. Mr. Laresgoiti is Founder and Partner of Luz Capital S.C. (“Luz Capital”) located in Mexico City, Mexico, which commenced operations in 2002. With Luz Capital, Mr. Laresgoiti performs several investment related functions including serving as a consultant to Mexican and Latin American financial institutions and portfolio managers, an investment advisor for a financial group in Switzerland, a member of the investment committee for the one of the largest mutual fund manager in Mexico, and is a financial advisor to real estate developers. Prior to starting Luz Capital, Mr. Laresgoiti was Founder and Partner for L.O.G. International Corp. in New York, which managed a hedge fund with assets under management of over $155 million. He also worked as Vice President at various companies including Bankers Trust Company, Inverlat International and Casa de Bolsa Inverlat. Mr. Laresgoiti earned a Bachelor of Science in Industrial Engineering from the Universidad Panamericana, Mexico City, Mexico.


Tenure Analysis

Category Low

0.0

Category High

56.0

Category Average

4.63

Category Mode

4.3