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Absolute Capital Asset Allocator Fund (AAMCX)

Mutual Fund · Currency in USD · Last updated May 27, 2023

The investment seeks long term capital appreciation. The fund seeks to achieve its investment objective by investing directly or indirectly through other investment companies, including mutual funds, exchange traded funds ("ETFs") and closed-end funds (collectively, "underlying funds") in domestic and foreign (including emerging markets) (i) fixed income securities of any maturity or credit quality (including "junk bonds"); (ii) equity securities of any market capitalization; and (iii) exchange traded notes ("ETNs").

Fund Info

ISINUS66538G3386
CUSIP66538G338
IssuerAbsolute Capital
Inception DateDec 17, 2015
CategoryTactical Allocation
Minimum Investment$2,500
Asset ClassEquity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

The Absolute Capital Asset Allocator Fund has a high expense ratio of 2.70%, indicating higher-than-average management fees.


2.70%
0.00%2.15%

Share Price Chart


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Performance

The chart shows the growth of an initial investment of $10,000 in Absolute Capital Asset Allocator Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


20.00%40.00%60.00%80.00%100.00%December2023FebruaryMarchAprilMay
19.04%
109.69%
AAMCX (Absolute Capital Asset Allocator Fund)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with AAMCX

Return

Absolute Capital Asset Allocator Fund had a return of 3.58% year-to-date (YTD) and -4.54% in the last 12 months. Over the past 10 years, Absolute Capital Asset Allocator Fund had an annualized return of 2.38%, while the S&P 500 had an annualized return of 10.49%, indicating that Absolute Capital Asset Allocator Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month0.11%0.86%
Year-To-Date3.58%9.53%
6 months0.11%4.45%
1 year-4.54%1.14%
5 years (annualized)0.75%9.36%
10 years (annualized)2.38%10.49%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20232.68%-1.85%1.89%0.76%
20224.88%3.22%-3.97%

Risk-Adjusted Performance

This table presents a comparison of risk-adjusted performance metrics for Absolute Capital Asset Allocator Fund (AAMCX) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
AAMCX
Absolute Capital Asset Allocator Fund
-0.19
^GSPC
S&P 500
0.27

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Absolute Capital Asset Allocator Fund Sharpe ratio is -0.19. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.00December2023FebruaryMarchAprilMay
-0.19
0.27
AAMCX (Absolute Capital Asset Allocator Fund)
Benchmark (^GSPC)

Dividend History

Absolute Capital Asset Allocator Fund granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to $0.00 per share.


PeriodTTM2022202120202019201820172016
Dividend$0.00$0.00$0.99$0.00$0.02$1.09$0.41$0.12

Dividend yield

0.00%0.00%8.98%0.00%0.22%12.96%4.63%1.52%

Monthly Dividends

The table displays the monthly dividend distributions for Absolute Capital Asset Allocator Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.00$0.00$0.00
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.99
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2019$0.01$0.01$0.01$0.01$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.09
2017$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.41
2016$0.12

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-22.00%-20.00%-18.00%-16.00%-14.00%-12.00%December2023FebruaryMarchAprilMay
-16.60%
-12.32%
AAMCX (Absolute Capital Asset Allocator Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Absolute Capital Asset Allocator Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Absolute Capital Asset Allocator Fund is 22.73%, recorded on Oct 12, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-22.73%Nov 9, 2021233Oct 12, 2022
-19.26%Feb 20, 202022Mar 20, 2020178Dec 2, 2020200
-13.13%Jan 29, 2018229Dec 24, 2018286Feb 13, 2020515
-10.39%Dec 30, 201530Feb 11, 2016122Aug 5, 2016152
-4.58%Sep 7, 202120Oct 4, 202118Oct 28, 202138

Volatility Chart

The current Absolute Capital Asset Allocator Fund volatility is 2.41%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%December2023FebruaryMarchAprilMay
2.41%
3.82%
AAMCX (Absolute Capital Asset Allocator Fund)
Benchmark (^GSPC)