NestEgg Dow Jones 2010 A Load Waived  NECPX.LW
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2009-10-31
Out of
Target Date 2000-2010 Funds
Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance.
Morningstar®
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   Avg Duration
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   Avg Credit Quality
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As of 2009-09-30
Day Change
$ -0.02
  
NAV (2009-11-20)
$ 9.35
  
YTD Return % (2009-11-20)
7.30%
  
Total Assets ($ mil)
17
View Data Definitions
  Performance    
Growth of $10,000 Fund: NestEgg Dow Jones 2010 A Load Waived
(from 2002-11-01 to 2009-10-31) Category: Target Date 2000-2010
Index: Dow Jones Moderate Port
Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-20
Inception date: 2002-11-01 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 7.30 14.93 0.72 2.50 --- 3.77
+/- Category -10.49 -1.44 1.65 -0.06 --- ---
+/- Dow Jones Moderate Port --- --- --- --- --- ---
Standardized Annual Returns %   more on standardized returns
Quarter-End (as of 2009-09-30) 5.91 2.24 0.95 2.66 --- 3.85
Month-End (as of 2009-10-31) 5.70 10.01 0.47 2.40 --- 3.77
After Tax Returns % (as of 2009-09-30 )  
On Distribution --- 9.43 -0.79 1.07 --- ---
On Distribution & Sale of Shares --- 6.48 -0.20 1.46 --- ---
Morningstar Rating --- --- --- ---
# of compared funds covered (3 yrs : out of 134 funds), (5 yrs : out of 52 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 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 18.59
Software 5.28
Hardware 5.38
Media 2.25
Telecommunications 5.67
Service 38.95
Healthcare 8.61
Consumer Services 8.08
Business Services 3.65
Financial Services 18.62
Manufacturing 42.46
Consumer Goods 13.57
Industrial Materials 14.42
Energy 10.86
Utilities 3.61
Bond Quality % of Bonds
AAA ---
AA ---
A ---
BBB ---
BB ---
B ---
Below B ---
Not Rated ---
 
Asset Allocation
% of Net Assets
Cash 3.9
Stocks 32.0
Bonds 63.9
Other 0.2
Foreign Stocks 14.8
(as a % of Assets)
Data through 2009-09-30 Data through 2009-09-30
 
Holding Status
Total Number of Stock Holdings 347 Turnover % 88
Total Number of Bond Holdings 11 30 Day SEC Yield % 2.80
% of Assets in Top 10 Holdings 62.88 ending as of 2009-09-30
View Data Definitions
Top 10 Holdings Sector P/E YTD
Return %		 % of Net
Assets
US Treasury Note 4.875% --- --- --- 10.91
US Treasury Note --- --- --- 10.54
US Treasury Note 4.25% --- --- --- 8.57
US Treasury Note 4.75% --- --- --- 6.36
US Treasury Note 4.625% --- --- --- 6.08
US Treasury Note 4.75% --- --- 4.35
US Treasury Note 4.375% --- --- 4.29
US Treasury Bond 8% --- --- 4.14
US Treasury Bond 6.5% --- --- 3.83
US Treasury Bond 5% --- --- 3.81
Data through 2009-09-30
YTD Return through 2009-11-20
  Other Information
Fund Inception: 2002-11-01
Portfolio Manager  (Start Date)
T. Kirkham Barneby  (2009-03-03)
Barneby is chief investment officer and managing director with Mitchell Hutchins Asset Management. He rejoined the firm in 1994 after being with Vantage Global Management. Prior to that year, he served as senior vice president responsible for quantitative management and asset allocation models. He has previously held positions in the economics departments of both Citibank and Merrill Lynch and has served as director of pension investment strategy at the Continental Group.
Michael M Holmgren  (2009-03-03)
Holmgren joined AIFS and founded HCM in 2008 and is responsible for the development and implementation of quantitative investment product. He was Chief Operating Officer of DSI from 2005 -2007 and a member of the portfolio management team. He joined DSI International Management, Inc. in 1988 as an analyst to develop, operate and enhance the global equity databases and portfolio simulation processes.
John Holmgren  (2009-03-03)
Holmgren joined AIFS in 2008 as Chief Investment Officer – Equities and founded HCM. He previously was the CIO and CEO of DSI International Management, Inc. Holmgren was a Managing Director at UBS and began his financial markets career as a registered representative with Ascher Decision, a broker dealer (1983 to 1986). From 1986 to 1988, he was a product developer and marketing representative for Decision Services, Inc. From 1988 to 1997, he was the founder and President of DSC Data Services, Inc.
Frank Vallario  (2009-03-03)
Vallario joined AIFS as a Portfolio Manager and founded HCM in 2008. Previously, he was a member of the portfolio management team for DSI, responsible for managing the group’s U.S. risk controlled and U.S. long/short equity products. He began his career in 1995 in the capital markets division of PaineWebber, Inc. In 1996, Mr. Vallario joined the asset management division’s Quantitative Investments Group as a portfolio manager.
Sales Charge %
(taken from prospectus dated 2009-03-02)
Front: None
Deferred: None
Expense Ratio % 1.32
based on net assets
(taken from annual report dated 2007-10-31)
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.