Use American to hedge against foreign markets instabilities. The fund experiences stable pattern. Watch out for signals
1 Month Beta ..........
0.59
As returns on market increase, American returns are expected to increase less than the market. However during bear market, the loss on holding American will be expected to be smaller as well.
Robert Natale Fund Manager since October 31, 2010, CFA
American Price and Market Media
The median price of American for the period between Thu, Apr 26, 2012 and Sat, May 26, 2012 is 9.13 with a coefficient of variation of 1.93. The daily time series for the period is distributed with a sample standard deviation of 0.18, arithmetic mean of 9.1, and mean deviation of 0.15. The Fund did not receive any noticable media coverage during the period.
American Indep NestEgg 2030 I [NETHX] is traded in USA and was established in January 3, 1999. The fund is listed under Target Date 2026-2030 category and is part of American Independence family. This fund now has accumulated 35.05 M in assets with minimum initial investment of 3 M. American Indep NestEgg 2030 I is currently producing year-to-date (YTD) return of 7.36% with the current yeild of 0.87%, while the total return for the last 3 years was 13.16%.
Fund Instrument Allocation for American
The fund invests 62.57% of asset under management in tradable equity instruments, with the rest of investments concentrated in bonds (34.38%), cash(2.91%) and various exotic instruments.
American Indep NestEgg 2030 I is rated below average in net asset among similar funds. Total Asset Under Management (AUM) of Target Date 2026-2030 category is currently estimated at about 90.26 Billion. American adds roughly 35.05 Million in net asset claiming only tiny portion of funds listed under Target Date 2026-2030 category.
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