Anchor Risk Mgd Equity Strategies Adv (ATEAX)
| Fund Assets | 186.25M |
| Expense Ratio | 2.09% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.10 |
| Dividend Yield | 0.68% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 15.10 |
| YTD Return | 3.06% |
| 1-Year Return | -2.39% |
| 5-Year Return | 32.96% |
| 52-Week Low | 14.03 |
| 52-Week High | 15.58 |
| Beta (5Y) | 0.47 |
| Holdings | 4 |
| Inception Date | Apr 30, 2020 |
About ATEAX
Anchor Risk Managed Equity Strategies Fund Advisor Class is a mutual fund designed to deliver total return through income and capital appreciation while prioritizing risk management in adverse market conditions. The fund employs a dynamic approach, investing at least 80% of its assets in long and short positions across domestic and international equity securities, often utilizing exchange-traded funds and other mutual funds for broader exposure. Notably, the strategy includes the use of inverse funds to potentially hedge against market downturns, aiming to limit losses during periods of volatility. This fund is particularly relevant for investors seeking diversification beyond traditional long-only equity allocations or those interested in accessing liquid alternative strategies. It offers daily liquidity, providing flexibility and accessibility that may not be available in other alternative strategies with lock-up periods. Its risk-managed, low-correlation approach seeks to supplement core equity holdings and serves as a potential risk-mitigation tool within a broader portfolio. The fund's focus on absolute return strategies positions it as a versatile option within sectors such as liquid alternatives, risk-managed growth, or core equity allocations.
Performance
ATEAX had a total return of -2.39% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.99%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| ATESX | Institutional Class | 2.34% |
Top 10 Holdings
88.12% of assets| Name | Symbol | Weight |
|---|---|---|
| Invesco QQQ Trust Series I | QQQ | 64.05% |
| Spdr S&P 500 Etf Trust - SPDR S&P 500 ETF | n/a | 25.32% |
| First American Government Obligations Fund | FGXXX | 0.45% |
| CHICAGO MERCANTILE EXCHANGE - NASDAQ 100 E-MINI Jun25 | NQM5.INDEX | -1.70% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 8, 2023 | $0.1024 | Dec 11, 2023 |
| Nov 29, 2023 | $0.0172 | Nov 30, 2023 |
| Aug 30, 2023 | $0.0232 | Aug 31, 2023 |
| May 30, 2023 | $0.0372 | May 31, 2023 |
| Feb 27, 2023 | $0.0428 | Feb 28, 2023 |
| Dec 9, 2022 | $0.9485 | Dec 12, 2022 |