Rational/RGN Hedged Equity Institutional (RNEIX)
| Fund Assets | 38.93M |
| Expense Ratio | 2.05% |
| Min. Investment | $1,000 |
| Turnover | 4.00% |
| Dividend (ttm) | 0.16 |
| Dividend Yield | 1.23% |
| Dividend Growth | n/a |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 13.29 |
| YTD Return | 14.87% |
| 1-Year Return | 29.07% |
| 5-Year Return | n/a |
| 52-Week Low | 10.36 |
| 52-Week High | 13.75 |
| Beta (5Y) | n/a |
| Holdings | 48 |
| 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.
Performance
RNEIX had a total return of 29.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 19.23%.
Top 10 Holdings
85.81% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street Spdr S&p 500 Etf Trust - SS S&P 500 ET-US | n/a | 41.17% |
| Vanguard S&P 500 ETF | VOO | 40.36% |
| First American Treasury Obligations Fund | FXFXX | 2.76% |
| CHICAGO MERCANTILE EXCHANGE - S&P500 EMINI FUT Jun26 | ESM6.INDEX | 0.51% |
| NEW YORK MERCANTILE EXCHANGE - NY Harb ULSD Fut May26 | HOK6.COMDTY | 0.49% |
| CHICAGO BOARD OF TRADE - SOYBEAN OIL FUTR May26 | BOK6.COMDTY | 0.21% |
| NEW YORK MERCANTILE EXCHANGE - GASOLINE RBOB FUT May26 | XBK6.COMDTY | 0.17% |
| CHICAGO MERCANTILE EXCHANGE - NASDAQ 100 E-MINI Jun26 | NQM6.INDEX | 0.07% |
| CHICAGO MERCANTILE EXCHANGE - E-Mini Russ 2000 Jun26 | RTYM6.INDEX | 0.03% |
| CHICAGO MERCANTILE EXCHANGE - C$ CURRENCY FUT Jun26 | CDM6.CURNCY | 0.03% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.1631 | Dec 31, 2025 |
| Dec 17, 2024 | $0.0825 | Dec 18, 2024 |