American Indep Stock I  ISISX
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2009-10-31
Out of
Large Value Funds
Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance.
Morningstar®
Style Box™
What is this?
   Large
   Blend
  
  
As of 2009-09-30
Day Change
$ -0.09
  
NAV (2009-11-20)
$ 12.52
  
YTD Return % (2009-11-20)
26.59%
  
Total Assets ($ mil)
111
View Data Definitions
  Performance    
Growth of $10,000 Fund: American Indep Stock I
(from 1999-01-01 to 2009-10-31) Category: Large Value
Index: S&P 500 TR
Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-20
Inception date: 1997-01-17 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 26.59 49.57 1.80 5.62 6.23 6.87
+/- Category 10.80 40.05 10.16 5.44 4.28 ---
+/- S&P 500 TR 3.07 0.77 7.70 4.94 --- ---
Standardized Annual Returns %   more on standardized returns
Quarter-End (as of 2009-09-30) 26.19 -1.90 2.76 6.69 6.79 7.30
Month-End (as of 2009-10-31) 20.63 11.32 0.50 5.59 6.23 6.87
After Tax Returns % (as of 2009-09-30 )  
On Distribution --- 10.28 -1.45 4.15 5.02 ---
On Distribution & Sale of Shares --- 7.23 0.05 4.45 4.92 ---
Morningstar Rating --- --- ---
# of compared funds covered (3 yrs : out of 1124 funds), (5 yrs : out of 934 funds), (10 yrs : out of 450 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 none.
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.
  Portfolio Profile    
Sector Breakdown %
Information 19.00
Software 6.32
Hardware 4.37
Media 7.26
Telecommunications 1.05
Service 41.05
Healthcare 7.18
Consumer Services 16.27
Business Services 5.73
Financial Services 11.87
Manufacturing 39.94
Consumer Goods 12.83
Industrial Materials 12.31
Energy 12.94
Utilities 1.87
Asset Allocation
% of Net Assets
Cash 2.1
Stocks 97.2
Bonds 0.0
Other 0.7
Foreign Stocks 8.2
(as a % of Assets)
Data through 2009-09-30 Data through 2009-09-30
 
Holding Status
Total Number of Stock Holdings 48 Turnover % 284
Total Number of Bond Holdings 0 30 Day SEC Yield % 1.59
% of Assets in Top 10 Holdings 34.18 ending as of 2009-09-30
View Data Definitions
Top 10 Holdings Sector P/E YTD
Return %		 % of Net
Assets
Occidental Petroleum Corporation 7.20 34.97 4.44
Dr Pepper Snapple Group, Inc. --- 68.00 4.18
General Electric Company 11.11 -0.62 3.95
McKesson, Inc. 12.90 63.90 3.25
Symantec Corporation --- 31.07 3.14
Noble Corporation 3.78 81.78 3.10
L-3 Communications Holdings, Inc. 9.76 6.98 3.07
United States Steel Corporation 2.07 12.28 3.02
Omnicom Group, Inc. 8.49 35.92 3.02
Gamestop Corporation A 10.20 17.68 3.01
Data through 2009-09-30
YTD Return through 2009-11-20
  Other Information
Fund Inception: 1997-01-17
Portfolio Manager  (Start Date)
Jeffrey A. Miller  (2007-03-30)
Mr. Miller has been widely quoted by the financial press, including The Wall Street Journal, The New York Times, American Banker, and Buyside Magazine. He was also the keynote speaker for the Regional Banking Industry at The Wall Street Forum in September of 1996, where he provided an industry overview as well as his stock recommendations.Mr. Miller is a founder and member of the Board of Directors of The Maasai Foundation of East Africa and is active in many charities in St. Croix, including serving on the Board of the Good Hope School.
Robert A. Campbell  (2007-10-29)
Campbell is vice president and portfolio manager with American Independence Financial Services. He is also president of American Independence Financial Counselors, LLC. Prior to joining AIFS, Campbell was a senior portfolio manager with Galliard Capital Management, Inc. Prior to his employment with Galliard, Campbell served as a municipal/fixed income portfolio manager with First Commerce Investors, U.S. Bank/First Bank and Firstier Bank. Campbell holds the Chartered Financial Analyst designation.
Eric M. Rubin  (2007-10-29)
Rubin is a founding member of AIFS and president of AIFS since February, 2005. Prior to 2005, he was vice president of ING Financial Partners from June 2004 to January 2005, senior vice president of Mercantile Capital Advisers from April 2003 to April 2004, senior vice president of of DST International from January 2002 to April 2003 and president of EMR Financial Services from June 2000 to February 2001.
Sales Charge %
(taken from prospectus dated 2009-03-18)
Front: None
Deferred: None
Expense Ratio % 0.89
based on net assets
(taken from annual report dated 2008-10-31)
Correspondence Information
The American Independence Trust

New York,  NY  10017
Telephone:
888-266-8787
Data on this page does not include the fund's short positions (if any).
Show Data Definitions

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Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.