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AC Alternatives™ Equity Market Neutral Fund Class R (ALIRX)

10.69
Net Asset Value
0.00%
1 Day
-1.84%
Year-to-Date
Overall Morningstar Rating
Market neutral
Style or Category
No Load
Sales Expenses
3.42%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation independent of equity market conditions. In selecting stocks for the fund, the portfolio managers use quantitative management techniques in a two-step process. First, the managers rank stocks, primarily publicly traded U.S. companies with a market capitalization greater than $1 billion. Second, the portfolio managers use a quantitative model to build a portfolio of stocks from the ranking described above that they believe will provide the optimal balance between risk and expected return.

Performance

1 month-0.28% 3 years+1.38%
3 months-0.56% 5 years+2.13%
1 year-1.38% Since inception+0.87%
Data through --

Peer Comparisonvs. Market neutral

 ALIRXCategory
Performance 5-yr return+2.13%+1.42%
Expense ratio3.42%1.71%
Risk 5 year sharpe ratio0.730.19
Net assets$87.8M$490.3M
Average market cap$6.8B$31.2B
Average P/E18.217.0
Portfolio turnover243%243%

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Fund Management and Purchase Info

Fund familyAmerican Century Investments
Fund manager & tenureClaudia Musat / 9 Years
Minimal initial investment$2,500.00
Minimum IRA investment--

Holdings

Cash100.04%
U.S. stock2.50%
International stock0.00%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 13.64%
Industrial materials 12.37%
Consumer goods 12.06%
Energy 10.52%
Hardware 10.46%
Top 10 Holdings
Portfolio weighting
WMB Williams Companies0.85%
FL Foot Locker Inc0.79%
CAG ConAgra Foods Inc0.78%
WSO Watsco Inc0.76%
MDC MDC Holdings Inc0.76%
NTRS Northern Trust0.75%
SCHW Charles Schwab0.75%
THC Tenet Healthcare Corp0.75%
CF CF Industries Holdings Inc0.75%
THG Hanover Insurance Group Inc0.75%

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