Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
AXS Adaptive Plus I AXSPX
- NAV / 1-Day Return 11.78 / 0.00
- Total Assets 58.2 Mil
-
Adj. Expense Ratio
- Expense Ratio 2.050%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Long-Short Equity
- Investment Style —
- Min. Initial Investment 5,000
- Status Open
- TTM Yield 1.13%
- Turnover —
USD | NAV as of Oct 02, 2024 | 1-Day Return as of Oct 02, 2024, 10:16 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.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 23.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Fidelity Inv MM Treasury I | 24.06 | 15.4 Mil | Cash and Equivalents |
Nomura Galaxy Profit Score Adaptive Regim | 23.78 | 15.2 Mil | — |
United States Treasury Bills 0% | 21.39 | 13.7 Mil | Government |
United States Treasury Bills 0% | 15.42 | 9.9 Mil | Government |
United States Treasury Bills 0% | 14.78 | 9.5 Mil | Government |
Other | 0.57 | 365,740 | — |