Quaker Akros Absolute Return A
Quaker Investment Trust309 Technology DriveMalvern MA 19355
Map
Phone: 800-220-8888
| Category: | Long/Short Equity | | Fund Family: | Quaker | | Net Assets: | 4.67M | | Year-to-Date Return: | -0.25% | | Yield: | 0.00% | | Morningstar Rating: |  | | Fund Inception Date: | Sep 29, 2005 |
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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. |
| 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 |
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| 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 (âADRsâ) 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. |
| 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% |
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| Expense | AARFX | Category 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/A | 1.24% | | 3 Yr Expense Projection*: | 1,139 | 969 | | 5 Yr Expense Projection*: | 1,563 | 1,554 | | 10 Yr Expense Projection*: | 2,737 | 3,158 |
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0.08%