Absolute Capital Defender Fund Quote

ACMIX Fund  USD 10.90  0.01  0.09%   


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Odds Of Distress

Less than 21

Absolute Capital is trading at 10.90 as of the 15th of June 2024; that is -0.09 percent down since the beginning of the trading day. The fund's open price was 10.91. Absolute Capital has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Absolute Capital Defender are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of June 2023 and ending today, the 15th of June 2024. Click here to learn more.
The fund seeks to achieve its investment objective by investing directly or indirectly through other investment companies, including mutual funds, exchange traded funds and closed-end funds in domestic and foreign fixed income securities of any maturity or credit quality equity securities of any market capitalization cash and cash equivalents and exchange traded notes .. More on Absolute Capital Defender

Moving together with Absolute Mutual Fund

  0.99AAMIX Absolute Capital AssetPairCorr
  0.91AAMAX Absolute Capital AssetPairCorr
  0.91AAMCX Absolute Capital AssetPairCorr
  1.0ACMDX Absolute Capital DefenderPairCorr
  1.0ACMAX Absolute Capital DefenderPairCorr

Absolute Mutual Fund Highlights

Fund ConcentrationAbsolute Capital Funds, Large Blend Funds, Tactical Allocation Funds, Tactical Allocation, Absolute Capital (View all Sectors)
Update Date30th of June 2024
Absolute Capital Defender [ACMIX] is traded in USA and was established 15th of June 2024. Absolute Capital is listed under Absolute Capital category by Fama And French industry classification. The fund is listed under Tactical Allocation category and is part of Absolute Capital family. This fund presently has accumulated 15.28 M in assets under management (AUM) with minimum initial investment of 100 K. Absolute Capital Defender is currently producing year-to-date (YTD) return of 4.23%, while the total return for the last 3 years was 0.67%.
Check Absolute Capital Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Absolute Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Absolute Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Absolute Capital Defender Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Absolute Capital Defender Mutual Fund Constituents

IJRiShares Core SPEtfSmall Blend
PSIInvesco Dynamic SemiconductorsEtfTechnology
QQQInvesco QQQ TrustEtfLarge Growth
IEFAiShares Core MSCIEtfForeign Large Blend
BNDXVanguard Total InternationalEtfGlobal Bond-USD Hedged
RSPInvesco SP 500EtfLarge Blend
VNLAJanus Henderson ShortEtfUltrashort Bond
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Absolute Capital Defender Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Absolute Capital market risk premium is the additional return an investor will receive from holding Absolute Capital long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Absolute Capital. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Absolute Capital's alpha and beta are two of the key measurements used to evaluate Absolute Capital's performance over the market, the standard measures of volatility play an important role as well.

Absolute Capital Against Markets

Other Information on Investing in Absolute Mutual Fund

Absolute Capital financial ratios help investors to determine whether Absolute Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Absolute with respect to the benefits of owning Absolute Capital security.
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