American Indep Fusion Instl

The investment seeks long-term capital appreciation.
The fund normally holds long and short positions in equities traded in the U.S. and exchange-traded funds ("ETFs") representing U.S., global and international indices. It invests in equities and ETFs in both developed and emerging markets outside the U.S. The fund maintains a net delta adjusted exposure range from 40% to 80%. It will hold long positions with an aggregate value of up to 100% of its net assets and establish short positions of up to 45% of its net assets. The fund invests up to 30% of its net assets, plus borrowings for investment purposes, in U.S. government bonds.

Key stats

Management firm  American Independence
Domicile  United States
Fund Administrator  American Independence Finl Services, LLC
Global Branding Name  American Independence
Fund Status  OBSOLETE
Fund currency  USD
Launch Date  2009-12-22
Obsolete Date  2014-02-26
ISIN  US0267624502
SEDOL  B51F1N8
Manager 1 Name  Robert Shea
Fund Strategy  Multialternative
Benchmark  S&P 500 TR USD
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-01-31
Return - 1 Month  1.13%
Return - 2 Months  3.71 %
Return - 3 Months  3.44%
Return - 6 Months  6.43 %
Return - 9 months  9.03 %
Return - 12 Months  9.91%
Annualized return 24 months  7.28 %
Annualized return 36 months  3.79 %
Annualized return 48 months  1.99 %
Annualized return since Inception  1.93%
Return YTD  1.13%

Ratings

Morning Star Rating Date   2014-01-31
Morning Star Rating - 36 Months  fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating
Morning Star Rating - Overall  fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating

Charges

Minimum Investment  $3,000,000
Maximum Managment Charge  1.40 %

Contact

Contact Address  American Independence
Contact Address 2  335 Madison Avenue, Mezzanine
Contact Address 3  New York, NY 10017
Contact city  New York
Contact country  United States
Fund Admin Group  American Independence
Web Address  www.aifunds.com
Custodian  BNY Mellon Asset Servicing

Price

Last Price Date  2014-02-26
Pre-tax nav  22.44
Price change  $-0.01
Price change (percentage)  -0.04 %

Funds Disclaimer

© 2011 - Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed (save (i) as incidentally necessary in the course of viewing it on-line (ii) in the course of printing off single copies of web pages on which it appears for the use of those authorised to view it on-line), or adapted in any way (3) is not warranted to be accurate, complete or timely. This Morningstar-sourced information is provided to you by GFM Ltd and is at your own risk. You agree that Morningstar and or GFM Ltd are not responsible for any damages or losses arising from any use of this information and that the information must not be relied upon by you the user without appropriate verification. GFM Ltd informs you as follows: (i) The information provided should not form the sole basis of any investment decision (ii) no investment decision should be made in relation to any of the information provided other than on the advice of a professional financial advisor; (iii) past performance is no guarantee of future results; and (iv) the value and income derived from investments can go down as well as up.
For fund additions and/or data corrections please contact dataquestions@morningstar.com

Ratings Disclaimer

© 2010 - 2011 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
For fund additions and/or data corrections please contact dataquestions@morningstar.com

All our data is licensed from Morningstar UK Ltd. Important legal information