ABEQ: Absolute Core Strategy ETF - MutualFunds.com
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Absolute Core Strategy ETF

ABEQ - Snapshot

Vitals

  • YTD Return 7.4%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $45.9 M
  • Holdings in Top 10 43.7%

52 WEEK LOW AND HIGH

$27.20
$21.01
$27.33

Expenses

OPERATING RELATED FEES

  • Expense Ratio 3.88%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover N/A

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification


Compare ABEQ to Popular U.S. Large-Cap Value Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$135.35

+0.58%

$114.19 B

1.69%

$2.27

13.78%

0.04%

$52.80

+0.59%

$114.19 B

-

$0.00

13.72%

0.17%

$228.96

+0.41%

$81.06 B

1.50%

$3.41

18.90%

0.52%

$49.51

+0.45%

$75.88 B

1.66%

$0.82

10.98%

0.60%

$50.35

+0.66%

$59.17 B

0.89%

$0.44

12.26%

0.83%

ABEQ - Profile

Distributions

  • YTD Total Return 7.4%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.40%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name
    Absolute Core Strategy ETF
  • Fund Family Name
    Absolute Investment Advisers
  • Inception Date
    Jan 21, 2020
  • Shares Outstanding
    1750000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Robert Mark

Fund Description

The fund's investment sub-adviser (the "Subadviser"), seeks to achieve it's objective by investing primarily in equity securities of U.S. companies that the Subadviser believes are priced at a substantial discount to the Subadviser's estimate of fair value. The fund may invest in companies of any market capitalization and in any economic sector, including equity securities of foreign companies that trade on U.S. exchanges, either directly or through American Depositary Receipts ("ADRs"). It is non-diversified.


ABEQ - Performance

Return Ranking - Trailing

Period ABEQ Return Category Return Low Category Return High Rank in Category (%)
YTD 7.4% -22.4% 32.3% 98.36%
1 Yr 31.0% -11.4% 119.9% 99.02%
3 Yr N/A* -1.8% 21.5% N/A
5 Yr N/A* 2.7% 20.2% N/A
10 Yr N/A* 0.6% 16.5% N/A

* Annualized

Return Ranking - Calendar

Period ABEQ Return Category Return Low Category Return High Rank in Category (%)
2020 N/A -26.7% 285.0% N/A
2019 N/A -32.1% 76.3% N/A
2018 N/A -62.4% 16.7% N/A
2017 N/A -72.0% 37.9% N/A
2016 N/A -61.4% 31.0% N/A

Total Return Ranking - Trailing

Period ABEQ Return Category Return Low Category Return High Rank in Category (%)
YTD 7.4% -22.4% 32.3% 98.36%
1 Yr 31.0% -11.4% 119.9% 97.95%
3 Yr N/A* -1.8% 21.5% N/A
5 Yr N/A* 2.3% 20.2% N/A
10 Yr N/A* 0.4% 16.5% N/A

* Annualized

Total Return Ranking - Calendar

Period ABEQ Return Category Return Low Category Return High Rank in Category (%)
2020 N/A -26.7% 285.0% N/A
2019 N/A -32.1% 76.3% N/A
2018 N/A -37.1% 17.4% N/A
2017 N/A -9.5% 37.9% N/A
2016 N/A -27.9% 32.2% N/A

ABEQ - Holdings

Concentration Analysis

ABEQ Category Low Category High ABEQ % Rank
Net Assets 45.9 M 347 K 114 B 88.14%
Number of Holdings 31 2 1678 95.14%
Net Assets in Top 10 20.2 M 78.3 K 24 B 84.85%
Weighting of Top 10 43.66% 5.5% 100.0% 7.77%

Top 10 Holdings

  1. Berkshire Hathaway Inc Class B 8.47%
  2. DuPont de Nemours Inc 5.33%
  3. Loews Corp 4.94%
  4. Enbridge Inc 4.62%
  5. Corteva Inc 4.00%
  6. Agnico Eagle Mines Ltd 3.67%
  7. Dominion Energy Inc 3.64%
  8. HD Supply Holdings Inc 3.44%
  9. Ingredion Inc 3.36%
  10. Equity Commonwealth 3.18%

Asset Allocation

Weighting Return Low Return High ABEQ % Rank
Stocks
80.31% 51.79% 179.32% 99.03%
Cash
19.70% -79.31% 21.41% 0.16%
Preferred Stocks
0.00% 0.00% 17.95% 63.29%
Other
0.00% -1.63% 26.80% 60.78%
Convertible Bonds
0.00% 0.00% 7.77% 61.75%
Bonds
0.00% -3.65% 39.59% 61.59%

Stock Sector Breakdown

Weighting Return Low Return High ABEQ % Rank
Financial Services
23.26% 0.00% 57.07% 28.56%
Basic Materials
22.20% 0.00% 25.37% 0.16%
Healthcare
11.79% 0.00% 34.68% 79.17%
Consumer Defense
11.39% 0.00% 30.04% 20.99%
Real Estate
6.48% 0.00% 92.89% 7.97%
Energy
5.75% 0.00% 26.65% 30.19%
Technology
5.32% 0.00% 54.02% 93.90%
Utilities
4.54% 0.00% 26.57% 43.37%
Consumer Cyclical
4.29% 0.00% 33.84% 83.08%
Communication Services
2.76% 0.00% 27.29% 93.08%
Industrials
2.22% 0.00% 45.96% 98.78%

Stock Geographic Breakdown

Weighting Return Low Return High ABEQ % Rank
US
62.63% 26.40% 177.59% 99.03%
Non US
17.68% 0.00% 48.05% 3.57%

ABEQ - Expenses

Operational Fees

ABEQ Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 3.88% 0.01% 15.68% 2.57%
Management Fee 0.85% 0.00% 1.69% 92.72%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

ABEQ Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

ABEQ Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

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.

ABEQ Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 481.00% N/A

ABEQ - Distributions

Dividend Yield Analysis

ABEQ Category Low Category High ABEQ % Rank
Dividend Yield 0.23% 0.00% 2.08% 8.07%

Dividend Distribution Analysis

ABEQ Category Low Category High Category Mod
Dividend Distribution Frequency Semi-Annually Annually Quarterly Quarterly

Net Income Ratio Analysis

ABEQ Category Low Category High ABEQ % Rank
Net Income Ratio 1.40% -3.83% 5.26% 73.72%

Capital Gain Distribution Analysis

ABEQ Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Annually

Dividend Payout History

View More +

ABEQ - Fund Manager Analysis

Managers

Robert Mark


Start Date

Tenure

Tenure Rank

Jan 21, 2020

1.19

1.2%

Robert J. Mark, is the cofounder,portfolio magager and Managing Member of St. James and serves as Portfolio Manager of the Firm’s Core Equity and International Equity strategies. Robert formerly worked in the Private Client Group at Goldman Sachs in Houston after graduating from the University of Texas at Austin where he received his MBA in Finance. Robert graduated in 1989 from the United States Military Academy at West Point with a BS in Engineering.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 85.42 6.97 5.55