AAMAX: Absolute Capital Asset Allocator A

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AAMAX Absolute Capital Asset Allocator A


Profile

AAMAX - Profile

Vitals

  • YTD Return -2.3%
  • 3 Yr Annualized Return -3.2%
  • 5 Yr Annualized Return N/A
  • Net Assets $21.5 M
  • Holdings in Top 10 47.5%

52 WEEK LOW AND HIGH

$10.04
$8.56
$10.59

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.43%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 179.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,500
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Tactical Allocation

Distributions

  • YTD Total Return -2.3%
  • 3 Yr Annualized Total Return 1.7%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.49%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Absolute Capital Asset Allocator Fund
  • Fund Family Name
    Absolute Capital
  • Inception Date
    Dec 18, 2015
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Phillip Gebben

Fund Description

The fund seeks to achieve its investment objective by investing directly or indirectly through other investment companies, including mutual funds, exchange traded funds ("ETFs") and closed-end funds (collectively, "underlying funds") in domestic and foreign (including emerging markets) (i) fixed income securities of any maturity or credit quality (including "junk bonds"); (ii) equity securities of any market capitalization; and (iii) exchange traded notes ("ETNs").


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Categories

Performance

AAMAX - Performance

Return Ranking - Trailing

Period AAMAX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.3% -24.5% 52.3% 55.06%
1 Yr 0.4% -26.8% 77.2% 42.41%
3 Yr -3.2%* -12.4% 10.0% 69.86%
5 Yr N/A* -10.6% 7.4% N/A
10 Yr N/A* -5.4% 4.5% N/A

* Annualized

Return Ranking - Calendar

Period AAMAX Return Category Return Low Category Return High Rank in Category (%)
2019 9.9% -21.7% 26.6% 49.37%
2018 -15.5% -28.0% 0.2% 82.64%
2017 7.4% -11.6% 22.0% 59.42%
2016 2.7% -14.9% 16.0% 45.80%
2015 N/A -87.3% -1.3% N/A

Total Return Ranking - Trailing

Period AAMAX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.3% -24.5% 52.3% 55.06%
1 Yr 0.4% -26.8% 77.2% 42.41%
3 Yr 1.7%* -11.7% 10.0% 34.93%
5 Yr N/A* -8.8% 8.2% N/A
10 Yr N/A* -5.4% 7.4% N/A

* Annualized

Total Return Ranking - Calendar

Period AAMAX Return Category Return Low Category Return High Rank in Category (%)
2019 9.9% -21.7% 26.6% 49.37%
2018 -5.5% -28.0% 1.1% 21.53%
2017 11.4% -5.4% 22.0% 55.80%
2016 4.2% -14.9% 19.7% 52.67%
2015 N/A -87.3% 1.8% N/A

NAV & Total Return History


Holdings

AAMAX - Holdings

Concentration Analysis

AAMAX Category Low Category High AAMAX % Rank
Net Assets 21.5 M 871 K 3 B 78.48%
Number of Holdings 37 1 1838 45.33%
Net Assets in Top 10 10.2 M 0 3.36 B 83.33%
Weighting of Top 10 47.53% 0.0% 100.0% 74.82%

Top 10 Holdings

  1. Vanguard Dividend Appreciation ETF 6.44%
  2. Vanguard Total Stock Market ETF 6.27%
  3. VanEck Vectors Fallen Angel HiYld Bd ETF 6.00%
  4. iShares Core MSCI EAFE ETF 5.86%
  5. Vanguard Information Technology ETF 4.58%
  6. Vanguard S&P 500 ETF 4.03%
  7. SPDR® Blmbg Barclays Inv Grd Flt Rt ETF 3.82%
  8. Microsoft Corp 3.67%
  9. Schwab US TIPS ETF™ 3.43%
  10. Anheuser-Busch InBev SA/NV ADR 3.41%

Asset Allocation

Weighting Return Low Return High AAMAX % Rank
Stocks
70.64% 0.00% 76.61% 5.70%
Bonds
20.89% -22.52% 78.68% 75.95%
Other
4.54% -1.60% 83.31% 40.00%
Cash
3.33% -41.63% 100.00% 75.33%
Convertible Bonds
0.58% 0.00% 6.22% 28.67%
Preferred Stocks
0.02% 0.00% 17.05% 30.00%

Stock Sector Breakdown

Weighting Return Low Return High AAMAX % Rank
Consumer Defense
23.73% 0.00% 31.10% 2.07%
Technology
21.46% 0.00% 54.08% 28.97%
Communication Services
14.41% 0.00% 20.51% 4.14%
Healthcare
12.30% 0.00% 43.87% 61.38%
Consumer Cyclical
9.22% 0.00% 18.69% 51.03%
Utilities
5.75% 0.00% 95.94% 19.31%
Financial Services
5.52% 0.00% 53.26% 86.90%
Industrials
4.74% 0.00% 22.11% 80.00%
Basic Materials
1.33% 0.00% 68.84% 80.69%
Real Estate
0.83% 0.00% 59.87% 91.03%
Energy
0.72% 0.00% 10.07% 82.07%

Stock Geographic Breakdown

Weighting Return Low Return High AAMAX % Rank
US
61.12% -3.83% 74.11% 4.00%
Non US
9.52% 0.00% 35.24% 48.67%

Bond Sector Breakdown

Weighting Return Low Return High AAMAX % Rank
Corporate
53.79% 0.00% 100.00% 5.33%
Government
32.77% 0.00% 99.65% 48.67%
Cash & Equivalents
13.32% 0.00% 100.00% 71.33%
Securitized
0.11% 0.00% 44.44% 55.33%
Derivative
0.00% 0.00% 74.33% 32.67%
Municipal
0.00% 0.00% 14.16% 45.33%

Bond Geographic Breakdown

Weighting Return Low Return High AAMAX % Rank
US
16.84% -85.02% 66.10% 76.67%
Non US
4.05% 0.00% 108.51% 58.67%

Expenses

AAMAX - Expenses

Operational Fees

AAMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.43% 0.00% 5.31% 19.62%
Management Fee 1.00% 0.10% 1.50% 68.15%
12b-1 Fee 0.25% 0.00% 1.00% 25.77%
Administrative Fee N/A 0.03% 0.70% N/A

Sales Fees

AAMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 2.50% 5.75% 3.33%
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

AAMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

AAMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 179.00% 0.00% 474.00% 64.83%

Distributions

AAMAX - Distributions

Dividend Yield Analysis

AAMAX Category Low Category High AAMAX % Rank
Dividend Yield 0.00% 0.00% 6.87% 5.70%

Dividend Distribution Analysis

AAMAX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

AAMAX Category Low Category High AAMAX % Rank
Net Income Ratio 0.49% -1.71% 6.58% 70.89%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

AAMAX - Fund Manager Analysis

Managers

Phillip Gebben


Start Date

Tenure

Tenure Rank

Dec 18, 2015

4.71

4.7%

Mr. Gebben is responsible for portfolio management, research, product design and operations. He has been the portfolio manager of this strategy since its inception. He earned an MBA from the University of Illinois, Springfield and his BA from Illinois Wesleyan University. He holds a Certified Investment Management Analyst, CIMA (R), designation through IMCA in conjunction with the Wharton School of Business.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 29.68 5.38 7.93