Skip to Content
Morningstar

Altegris/AACA Opportunistic Real Estt I RAAIX

Morningstar Medalist Rating
Medalist Rating as of | See Altegris Investment Hub
  • NAV / 1-Day Return 12.34  /  −0.24 %
  • Total Assets 158.3 Mil
  • Adj. Expense Ratio
    1.540%
  • Expense Ratio 2.180%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Real Estate
  • Investment Style Mid Growth
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield —
  • Turnover 54%

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:21 PM GMT+0

Morningstar’s Analysis RAAIX

Will RAAIX 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 RAAIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the RAAIX 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 RAAIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in Altegris/ AACA Opportunistic Real Estt I's Process and People Pillar ratings limits 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 highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings RAAIX

More RAAIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 59.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Iqhq 144A

12.10 21.3 Mil
—

American Tower Corp

8.11 14.3 Mil
Real Estate

Digital Realty Trust Inc

5.72 10.1 Mil
Real Estate

FTAI Infrastructure Inc Shs

5.65 10.0 Mil
Industrials

FTAI Aviation Ltd

5.45 9.6 Mil
Industrials

Hudson Pacific Properties Inc

5.05 8.9 Mil
Real Estate

DigitalBridge Group Inc Class A

4.57 8.1 Mil
Real Estate

Equinix Inc

4.42 7.8 Mil
Real Estate

Innovative Industrial Properties Inc

4.38 7.7 Mil
Real Estate

Crown Castle Inc

3.88 6.8 Mil
Real Estate