WBI Absolute Return Dividend Inc Instl

The investment seeks long-term capital appreciation and current income.
Under normal market conditions, the Dividend Income Fund will invest at least 80% of its net assets (including any borrowings for investment purpose) in dividend-paying equity securities of foreign and domestic companies. Up to 20% of the fund's net assets may be invested in non-dividend paying equities, domestic and foreign fixed income securities, exchange-traded funds ("ETFs"), exchange-traded notes ("ETNs"), and/or in option strategies to enhance its returns or to mitigate risk and volatility.

Key stats

Management firm  WBI FUNDS
Domicile  United States
Fund Administrator  U.S. Bancorp Fund Services, LLC
Global Branding Name  WBI
Fund currency  USD
Launch Date  2013-06-17
ISIN  US00770X7903
SEDOL  BBPR3Y7
Manager 1 Name  Gary Stroik
Manager 2 Name  Donald Schreiber, Jr.
Fund Strategy  World Stock
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-06-30
Return - 1 Month  1.55%
Return - 2 Months  2.30 %
Return - 3 Months  3.06%
Return - 6 Months  3.77 %
Return - 9 months  11.33 %
Return - 12 Months  13.11%
Annualized return 24 months  0.00 %
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  11.45%
Return YTD  3.77%

Charges

Initial  0.00 %
Minimum Investment  $250,000
Maximum Managment Charge  1.00 %
Exit charge  2.00 %
Performance Fee  0.00 %

Contact

Contact Address  34 Sycamore Avenue, Suite 1-E
Contact city  Little Silver
Contact country  United States
Fund Admin Group  WBI FUNDS
Web Address  www.wbiinvestments.com
Custodian  U.S. Bank N.A
Phone  732-842-4920

Price

Last Price Date  2014-07-28
Pre-tax nav  11.21
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  $-0.01
Price change (percentage)  -0.09 %
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