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1 / 5 Stars
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Lipper
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Zacks Investment Research
3
(Hold)
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Standard & Poor's
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TheStreet.com
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U.S. News evaluated 96 Multialternative Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
See all American Independence funds
Performance
The fund has returned 6.58 percent over the past year, and -0.10 percent over the past three years.
| Trailing Returns | Updated 05.31.2013 |
|---|---|
| Year to date | 2.6% |
| 1 Year | 6.6% |
| 3 Years (Annualized) | -0.1% |
| 5 Years (Annualized) | N/A |
| 10 Years (Annualized) | N/A |
Summary
The investment seeks long-term capital appreciation. The fund normally holds long and short positions in equities traded in the U.S. and exchange-traded funds ("ETFs") representing U.S., global and international indices. It invests in equities and ETFs in both developed and emerging markets outside the U.S. The fund maintains a net delta adjusted exposure range from 40% to 80%. It will hold long positions with an aggregate value of up to 100% of its net assets and establish short positions of up to 45% of its net assets. The fund invests up to 30% of its net assets, plus borrowings for investment purposes, in U.S. Government bonds.
Fees
Fees are Above Average compared to funds in the same category.
American Independence Fusion Fund has an expense ratio of 2.40 percent.
Risk
Risk is Above Average compared to funds in the same category according to Morningstar.
