|
Overall Morningstar
Rating™ |
| What is this? |
 |
 |
| As of 2009-10-31 |
|
Out of
Long-Short Funds |
|
| Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance. |
|
|
|
|
|
| Day Change |
| $ -0.03 |
|
|
| NAV (2009-11-20) |
| $ 9.51 |
|
|
| YTD Return % (2009-11-20) |
| 13.21% |
|
|
| Total Assets ($ mil) |
| 4 |
|
| Growth of $10,000 |
 |
Fund: |
Akros Absolute Return |
| (from
2005-09-30
to 2009-10-31) |
 |
Category: |
Long-Short |
|
 |
Index: |
ML USD LIBOR 3 Mon CM |
| Total Annualized Returns % |
1yr, 3yr and 5yr Returns as of 2009-11-20 |
| Inception date: 2005-09-30 |
10yr and Inception Returns as of 2009-10-31 |
|
YTD Returns as of 2009-11-20 |
|
|
YTD |
1 Year |
3 Year |
5 Year |
10 Year |
Since Inception |
| Fund |
13.21 |
27.94 |
3.44 |
--- |
--- |
2.73 |
| +/- Category |
5.59 |
22.12 |
5.40 |
--- |
--- |
--- |
| +/- ML USD LIBOR 3 Mon CM |
12.25 |
26.58 |
-0.22 |
--- |
--- |
--- |
|
|
| Standardized Annual Returns % more on standardized returns |
| Quarter-End (as of
2009-09-30) |
17.50 |
7.17 |
4.94 |
--- |
--- |
3.48 |
| Month-End (as of 2009-10-31) |
14.40 |
10.12 |
3.76 |
--- |
--- |
2.73 |
|
|
| After Tax Returns % (as of
2009-09-30
)
|
| On Distribution |
--- |
8.78 |
2.03 |
--- |
--- |
--- |
| On Distribution & Sale of Shares |
--- |
6.45 |
2.17 |
--- |
--- |
--- |
|
|
| Morningstar Rating |
--- |
--- |
 |
--- |
--- |
--- |
|
| # of compared funds covered (3 yrs : out of 116 funds), (5 yrs : out of funds), (10 yrs : out of funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is
none,
the maximum deferred sales fee is
none,
and the maximum redemption sales fee is
1.00%.
|
|
| The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein. |
|
|
|
|
| Sector Breakdown % |
|
| US Government |
0.00 |
| US Treasuries |
0.00 |
| TIPS |
0.00 |
| US Agency |
0.00 |
|
|
|
| Mortgage |
0.00 |
| Mortgage Pass-Thru |
0.00 |
| Mortgage CMO |
0.00 |
| Mortgage ARM |
0.00 |
|
|
|
| Credit |
3.09 |
| US Corporate |
3.09 |
| Asset-Backed |
0.00 |
| Convertible |
0.00 |
| Municipal |
0.00 |
| Corporate Inflation-Protected |
0.00 |
|
|
|
| Foreign |
0.00 |
| Foreign Corp |
0.00 |
| Foreign Govt |
0.00 |
|
|
|
| Cash |
96.91 |
|
|
|
|
| |
|
|
| Asset Allocation |
|
 |
|
| % of Net Assets |
 |
Cash |
76.7 |
 |
Stocks |
19.9 |
|
Bonds |
2.5 |
 |
Other |
1.0 |
|
|
|
Foreign Stocks |
3.1 |
|
(as a % of Assets) |
|
|
| Data through 2009-09-30 |
Data through 2009-09-30 |
 |
| Holding Status |
|
| Total Number of Stock Holdings |
27 |
|
Turnover % |
250 |
| Total Number of Bond Holdings |
2 |
|
30 Day SEC Yield % |
--- |
| % of Assets in Top 10 Holdings |
16.35 |
|
ending as of
2009-09-30 |
|
|
|
|
View Data Definitions |
|
|
 |
Data through 2009-09-30 |
|
|
| Fund Inception: 2005-09-30 |
|
Portfolio Manager (Start Date) |
|
|
|
|
|
Brady Lipp (2005-09-30) |
|
|
|
Lipp founded Akros Capital, LLC in 2003 and serves as managing principal and chief executive officer. Prior to that, Lipp was a managing director at Credit Suisse Asset Management from 1999 to 2003 and a member of the global post-venture capital investment team. Lipp also served as a managing director at Warburg Pincus Asset Management from 1994 to 1999, and was an institutional relationship manager at Strong Capital Management from 1987 to 1994. |
|
|
|
|
Sales Charge %
(taken from prospectus dated 2008-12-29) |
| Front: |
None |
| Deferred: |
None |
|
| Expense Ratio % |
2.18 |
based on net assets
(taken from annual report dated 2008-08-31)
|
|
| Correspondence Information |
615 East Michigan Street
Milwaukee,
WI
53202
United States |
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