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Quaker Akros Absolute Return A (AARFX)

7.78 0.00(0.00%) May 23


Profile as of Feb 27, 2013Get Profile for:
Quaker Akros Absolute Return A
Quaker Investment Trust309 Technology DriveMalvern MA 19355
Map
Phone: 800-220-8888
Fund Overview 
Category:Long/Short Equity
Fund Family:Quaker
Net Assets:4.67M
Year-to-Date Return:-0.25%
Yield:0.00%
Morningstar Rating:2 stars
Fund Inception Date:Sep 29, 2005
Morningstar Style Box 
Long/Short Equity
[View Category Definition]
View Top Long/Short Equity Funds
About the Morningstar Style Box
Management Information 
Brady T. Lipp
Lead Manager since Sep 29, 2005
Lipp founded Akros Capital, LLC in 2003 and serves as managing principal and chief executive officer. Prior to that, Lipp was a managing director at Credit Suisse Asset Management from 1999 to 2003 and a member of the global post-venture capital investment team. Lipp also served as a managing director at Warburg Pincus Asset Management from 1994 to 1999, and was an institutional relationship manager at Strong Capital Management from 1987 to 1994.Mr. Lipp was born in 1958. He received his Masters of Education (1985) and his B.S. (1981) from North Dakota State University, where he is also a member of the Athletic Hall of Fame for basketball.
Investment Information 
Min Initial Investment:2,000
Min Initial Investment, IRA:1,000
Min Initial Investment, AIP:2,000
Min Subsequent Investment:100
Min Subsequent Investment, IRA:100
Min Subsequent Investment, AIP:25
AARFX can be purchased from 48 brokerages.

Fund Summary 
The investment seeks long-term capital appreciation and income, while seeking to protect principal during unfavorable market conditions. The fund typically invests in securities, including common and preferred stock, of companies of any size, debt securities and derivatives. It may invest in common stocks of U.S. companies of any size and common stocks of American Depository Receipts (“ADRs”) of foreign companies. The fund may invest up to 50% of its net assets in short sales at any given time. It is non-diversified.

Fund Operations 
Last Dividend (Dec 29, 2010) : 0.00
Last Cap Gain : 0.00
Annual Holdings Turnover (May 15, 2013) : 103.42%
Average for Category:396.78%
Fees & Expenses 
ExpenseAARFXCategory Avg
Annual Report Expense Ratio (net):1.88%1.97%
Prospectus Net Expense Ratio:1.88%N/A
Prospectus Gross Expense Ratio:2.67%N/A
Max 12b1 Fee:0.25%N/A
Max Front End Sales Load:5.50%5.33%
Max Deferred Sales Load: N/A1.24%
3 Yr Expense Projection*:1,139969
5 Yr Expense Projection*:1,5631,554
10 Yr Expense Projection*:2,7373,158
* Per $10,000 invested