Absolute Capital Asset Allocator Fund (AAMCX)
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
| ISIN | US66538G3386 |
|---|---|
| CUSIP | 66538G338 |
| Issuer | Absolute Capital |
| Inception Date | Dec 17, 2015 |
| Category | Tactical Allocation |
| Min. Investment | $2,500 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
AAMCX has a high expense ratio of 2.70%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
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.
Returns By Period
Absolute Capital Asset Allocator Fund had a return of 5.37% year-to-date (YTD) and 8.38% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 5.37% | 13.78% |
| 1 month | -1.58% | -0.38% |
| 6 months | 4.64% | 11.47% |
| 1 year | 8.38% | 18.82% |
| 5 years (annualized) | 3.57% | 12.44% |
| 10 years (annualized) | N/A | 10.64% |
Monthly Returns
The table below presents the monthly returns of AAMCX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.60% | 3.75% | 2.38% | -3.72% | 2.42% | 1.42% | 5.37% | ||||||
| 2023 | 2.68% | -1.85% | 1.89% | 0.76% | -0.32% | 4.66% | 1.87% | -2.64% | -2.93% | -1.83% | 6.25% | 3.82% | 12.53% |
| 2022 | -4.44% | -2.65% | 1.36% | -6.82% | -0.62% | -5.60% | 2.75% | -2.35% | -5.81% | 4.88% | 3.22% | -3.97% | -19.02% |
| 2021 | -1.62% | 1.16% | 3.44% | 4.34% | 0.62% | 0.26% | 0.79% | 2.00% | -3.75% | 4.96% | -1.35% | 3.00% | 14.36% |
| 2020 | -0.40% | -5.40% | -6.45% | 4.63% | 1.62% | 0.11% | 3.82% | 3.27% | -2.87% | -2.14% | 6.56% | 2.83% | 4.78% |
| 2019 | 2.89% | 1.33% | 0.47% | 0.89% | -4.66% | 4.02% | 0.42% | 1.04% | 0.21% | 0.62% | 0.71% | 1.72% | 9.84% |
| 2018 | 4.20% | -2.72% | -2.43% | -0.83% | 2.05% | -1.09% | 2.40% | 2.79% | -1.05% | -5.40% | 1.69% | -5.44% | -6.22% |
| 2017 | 0.78% | 1.84% | -0.10% | 0.95% | 0.28% | 0.00% | 1.88% | 0.18% | 1.10% | 1.73% | 1.07% | 0.47% | 10.64% |
| 2016 | -6.38% | 0.32% | 2.65% | -0.31% | 0.52% | 2.58% | 2.41% | -0.59% | -0.20% | -1.68% | 2.72% | 1.78% | 3.51% |
| 2015 | 0.40% | 0.40% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of AAMCX is 36, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Absolute Capital Asset Allocator Fund (AAMCX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
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.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.00 | $0.99 | $0.00 | $0.02 | $1.09 | $0.41 | $0.12 |
Dividend yield | 0.00% | 0.00% | 0.00% | 8.98% | 0.00% | 0.20% | 11.86% | 3.78% | 1.20% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $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 | $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 | $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 | $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 | $0.02 |
| 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 | $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 | $0.41 |
| 2016 | $0.12 | $0.12 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Absolute Capital Asset Allocator Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Absolute Capital Asset Allocator Fund was 22.73%, occurring on Oct 12, 2022. The portfolio has not yet recovered.
The current Absolute Capital Asset Allocator Fund drawdown is 4.53%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -22.73% | Nov 9, 2021 | 233 | Oct 12, 2022 | — | — | — |
| -19.26% | Feb 20, 2020 | 22 | Mar 20, 2020 | 178 | Dec 2, 2020 | 200 |
| -13.13% | Jan 29, 2018 | 229 | Dec 24, 2018 | 286 | Feb 13, 2020 | 515 |
| -10.39% | Dec 30, 2015 | 30 | Feb 11, 2016 | 122 | Aug 5, 2016 | 152 |
| -4.58% | Sep 7, 2021 | 20 | Oct 4, 2021 | 18 | Oct 28, 2021 | 38 |
Volatility
Volatility Chart
The current Absolute Capital Asset Allocator Fund volatility is 3.20%, 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.