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Morningstar

AXS Adaptive Plus I AXSPX

Morningstar Medalist Rating
Medalist Rating as of | See AXS Investment Hub
  • NAV / 1-Day Return 11.25  /  −0.53 %
  • Total Assets 50.7 Mil
  • Adj. Expense Ratio
    2.050%
  • Expense Ratio 2.050%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Large Blend
  • Investment Style —
  • Min. Initial Investment 5,000
  • Status Open
  • TTM Yield 1.19%
  • Turnover —

USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:10 PM GMT+0

Morningstar’s Analysis AXSPX

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

  • People Pillar

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

Weakness in AXS Adaptive Plus 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

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Portfolio Holdings AXSPX

More AXSPX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 21.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fidelity Inv MM Treasury I

29.77 12.1 Mil
Cash and Equivalents

Nomura Galaxy Profit Score Adaptive Regim

21.81 8.9 Mil
—

United States Treasury Bills 0%

19.19 7.8 Mil
Government

United States Treasury Bills 0%

14.64 6.0 Mil
Government

United States Treasury Bills 0%

14.52 5.9 Mil
Government

Other

0.07 29,733
—