Cornerstone Advisors Public Alts Instl

The investment seeks capital appreciation with lower correlation to traditional global fixed income and public equity markets.
The fund allocates its assets among one or more investment strategies directly through the use of one or more sub-advisers and/or indirectly through investments in affiliated and unaffiliated open-end funds, closed-end funds, unregistered funds and exchange-traded funds. It invests in publicly-traded investments, and derivatives thereof, and shares of underlying funds that are publicly available. The fund invests at least 80% of its net assets in Publicly Available Investments. It is non-diversified.

Key stats

Management firm  Cornerstone
Domicile  United States
Fund Administrator  SEI Investments Global Funds Services
Global Branding Name  Cornerstone
12 month yield  2.13%
Fund currency  USD
Launch Date  2012-08-30
ISIN  US00769G6180
SEDOL  B87RFY8
Manager 1 Name  Jeremiah Chafkin
Manager 2 Name  Michael Waterman
Fund Strategy  Multialternative
Benchmark  MSCI ACWI NR USD
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-08-31
Return - 1 Month  1.17%
Return - 2 Months  2.17 %
Return - 3 Months  2.27%
Return - 6 Months  2.68 %
Return - 9 months  2.76 %
Return - 12 Months  6.27%
Annualized return 24 months  3.39 %
Annualized return 36 months  0.00 %
Annualized return 48 months  0.00 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  3.39%
Return YTD  1.97%

Charges

Initial  0.00 %
Minimum Investment  $2,000
Maximum Managment Charge  0.01 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  Cornerstone
Contact Address 2  74 W. Broad Street, Suite 340
Contact Address 3  Bethlehem, PA 18018
Contact city  Bethlehem
Contact country  United States
Fund Admin Group  Cornerstone
Web Address  www.cornerstoneadvisors.com
Custodian  Citibank, N.A.

Price

Last Price Date  2014-09-19
Pre-tax nav  10.41
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  $0.04
Price change (percentage)  0.39 %
Guaranteed NAV  0.00000
Close Price  0.00

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