Anchor Risk Managed Equity Strategies Fund Institutional Class (ATESX)
| Fund Assets | 180.15M |
| Expense Ratio | 2.40% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 15.13 |
| YTD Return | -1.56% |
| 1-Year Return | 2.16% |
| 5-Year Return | 17.84% |
| 52-Week Low | 13.90 |
| 52-Week High | 16.48 |
| Beta (5Y) | n/a |
| Holdings | 5 |
| Inception Date | Sep 6, 2016 |
About ATESX
The Anchor Risk Managed Equity Strategies Fund Institutional Class is a mutual fund designed to provide investors with total return from both income and capital appreciation, while actively seeking to limit downside risk during unfavorable market conditions. Its distinguishing feature is a dynamic approach that blends quantitative, top-down research with flexible long and short exposures—primarily through investments in ETFs, mutual funds, and index-based securities—to navigate shifting U.S. equity market trends. The fund is structured as a 'fund of funds,' enabling it to adapt asset allocation rapidly based on evolving market momentum and risk factors. Its primary goal is to serve as a complementary tool for diversified equity portfolios, offering daily liquidity and the potential to hedge against equity market declines. The Anchor Risk Managed Equity Strategies Fund Institutional Class predominantly impacts large-cap and giant-cap U.S. equities, providing market participants with exposure to broad-based indices while also seeking to mitigate volatility through timely hedging strategies. This makes it a noteworthy option for those seeking to balance growth and risk management objectives within their investment portfolios.
Performance
ATESX had a total return of 2.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.20%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| ATEAX | Advisor Class | 2.14% |
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| Invesco QQQ Trust Series I | QQQ | 64.80% |
| State Street® SPDR® S&P 500® ETF | n/a | 22.84% |
| Us Dollar Future | n/a | 8.62% |
| First American Government Obligations Fund | FGXXX | 3.92% |
| Cash | n/a | -0.18% |