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Morningstar

Absolute Capital Defender Investor ACMDX

Morningstar Medalist Rating
Medalist Rating as of | See Absolute Capital Investment Hub
  • NAV / 1-Day Return 9.99  /  0.00
  • Total Assets 24.6 Mil
  • Adj. Expense Ratio
    2.860%
  • Expense Ratio 2.860%
  • Distribution Fee Level High
  • Share Class Type Level Load
  • Category Tactical Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield —
  • Turnover 170%

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:16 PM GMT+0

Morningstar’s Analysis ACMDX

Will ACMDX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ACMDX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ACMDX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of ACMDX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Absolute Capital Defender Investor's Average People Pillar and Process Pillar ratings are n't enough to prevent other weaknesses from sending this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings ACMDX

More ACMDX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 44.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bills 0%

10.91 2.8 Mil
Government

United States Treasury Bills 0%

8.61 2.2 Mil
Government

Invesco S&P 500 Revenue ETF

8.08 2.0 Mil
—

United States Treasury Bills 0%

7.88 2.0 Mil
Government

United States Treasury Bills 0%

5.49 1.4 Mil
Government

United States Treasury Notes 3.875%

5.43 1.4 Mil
Government

Invesco QQQ Trust

5.19 1.3 Mil
—

Vanguard Communication Services ETF

5.04 1.3 Mil
—

Invesco S&P 500® High Div Low Vol ETF

4.18 1.1 Mil
—

Industrial Select Sector SPDR® ETF

3.91 992,200
—