Morningstar manager research is discontinuing analyst coverage of this fund. Morningstar constantly reviews the investments it covers to ensure it is analyzing and rating those that are the most relevant to investors. Relevance is measured by a number of quantitative and qualitative factors, including, but not limited to, assets under management, inflows and outflows, the uniqueness of strategy and process, prominence of the management team and parent company, performance, and investor and client interest. To see previous analyses of this strategy, consult the Analyst Report Archive.
Absolute Strategies I ASFIX
NAV / 1-Day Return
7.39
/
0.67
%
Total Assets
31.6 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
2.120%
Expense Ratio
2.140%
Fee Level
High
Longest Manager Tenure
16.81
years
Category
Multistrategy
Alt Style Correlation / Relative Volatility
Negative / MediumMin. Initial Investment
25,000
Status
Open
TTM Yield
2.61%
Turnover
23%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will ASFIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.