Rational/RGN Hedged Equity Institutional (RNEIX)
| Fund Assets | 9.08M |
| Expense Ratio | 2.08% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.08 |
| Dividend Yield | 0.81% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 17, 2024 |
| Previous Close | 10.33 |
| YTD Return | -1.46% |
| 1-Year Return | n/a |
| 5-Year Return | n/a |
| 52-Week Low | 8.63 |
| 52-Week High | 10.72 |
| Beta (5Y) | n/a |
| Holdings | 40 |
| Inception Date | n/a |
About RNEIX
The Rational/RGN Hedged Equity Fund - Institutional is an actively managed mutual fund designed to seek long-term capital appreciation while mitigating downside risk. This fund uniquely combines a core holding of 100% long exposure to the S&P 500 Index with a quantitative overlay strategy. The overlay employs both long and short investments in liquid futures and foreign exchange markets, with holding periods typically ranging from a few hours up to 1–2 weeks. This dynamic structure allows the fund to remain fully invested in U.S. equities while opportunistically managing risk and seeking additional returns during volatile or directionless periods across global asset classes, including interest rates, foreign exchange, and commodities. A distinguishing feature of the fund is its investment philosophy, inspired by computational neuroscience, which leverages proprietary machine-learning techniques to identify and exploit short-term inefficiencies linked to behavioral biases in financial markets. By doing so, the fund aims to provide a diversifying, protective alpha and minimize tracking error relative to the S&P 500, offering a potentially higher return, lower-risk alternative to traditional long-only equity strategies. The strategy is managed by an experienced team utilizing advanced infrastructure, combining innovation and stability for institutional investors.
Top 10 Holdings
102.13% of assets| Name | Symbol | Weight |
|---|---|---|
| Vanguard S&P 500 ETF | VOO | 51.10% |
| Spdr S&P 500 Etf Trust - SPDR S&P 500 ETF | n/a | 34.76% |
| First American Treasury Obligations Fund | FXFXX | 15.90% |
| COMMODITIES EXCHANGE CENTER - SILVER FUTURE May25 | SIK5.COMDTY | 0.22% |
| COMMODITIES EXCHANGE CENTER - GOLD 100 OZ FUTR Jun25 | GCM5.COMDTY | 0.05% |
| NEW YORK MERCANTILE EXCHANGE - NATURAL GAS FUTR May25 | NGK25.COMDTY | 0.03% |
| CHICAGO MERCANTILE EXCHANGE - MEXICAN PESO FUT Jun25 | PEM5.CURNCY | 0.02% |
| NEW YORK MERCANTILE EXCHANGE - WTI CRUDE FUTURE May25 | CLK5.COMDTY | 0.02% |
| ICE FUTURES EUROPE - BRENT CRUDE FUTR Jun25 | n/a | 0.02% |
| SINGAPORE EXCHANGE DERIVATIVES CLEARING LIMITED - NIKKEI 225 (SGX) Jun25 | NIM5.INDEX | 0.01% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2024 | $0.0825 | Dec 18, 2024 |