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    AdvisorOne CLS Global Diversified Eq N (CLSAX)

    17.07 Down 0.06(0.35%) Nov 23

    Profile as of Oct 30, 2015Get Profile for:
    AdvisorOne CLS Global Diversified Eq N
    Advisorone Funds4020 South 147th StreetOmaha, NE 68137
    Phone: 866-811-0225
    Fund Overview 
    Category:World Stock
    Fund Family:AdvisorOne Funds
    Net Assets:481.75M
    Year-to-Date Return:-1.72%
    Morningstar Rating:3 stars
    Fund Inception Date:Jul 14, 1997
    Morningstar Style Box 
    World Stock
    [View Category Definition]
    View Top World Stock Funds
    About the Morningstar Style Box
    Management Information 
    Rusty Vanneman
    Lead Manager since Feb 28, 2013
    Rusty Vanneman has been the Chief Investment Officer and a portfolio manager of CLS since September 2012. Previously, Mr. Vanneman was Chief Investment Officer and Portfolio Manager at Kobren Insight Management (KIM). Mr. Vanneman’s 11-year tenure at KIM included a five-year span during which KIM was owned by E*TRADE. At KIM, Mr. Vanneman also held positions as Managing Director, Director of Research, and Portfolio Manager for the former Kobren Insight mutual funds and the hedge fund Alumni Partners. At E*TRADE, he was the Senior Market Strategist and also served on the E*TRADE Capital Management, LLC Investment Policy Committee. Prior to joining KIM, Mr. Vanneman was a Senior Analyst at Fidelity Management and Research Company’s Strategic Advisors. Prior to that, he was a Managing Analyst for Thomson Financial’s Thomson Global Markets.
    Investment Information 
    Min Initial Investment:2,500
    Min Initial Investment, IRA:2,500
    Min Initial Investment, AIP:2,500
    Min Subsequent Investment:250
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:100
    CLSAX can be purchased from 68 brokerages.

    Fund Summary 
    The investment seeks long-term growth of capital without regard to current income. The fund invests primarily in exchange traded funds ("ETFs"), other open-end mutual funds, and closed-end funds. It invests in underlying funds that primarily invest in common stock or securities convertible into or exchangeable for common stock (such as convertible preferred stock, convertible debentures or warrants), including the stock of foreign issuers. The fund invests under normal market conditions, at least 80% of the fund's assets (defined as net assets plus the amount of any borrowing for investment purposes) in equity securities.

    Fund Operations 
    Last Dividend (Dec 22, 2014) : 0.34
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Nov 22, 2015) : 33.00%
    Average for Category:35.86%
    Fees & Expenses 
    ExpenseCLSAXCategory Avg
    Annual Report Expense Ratio (net):1.15%1.27%
    Prospectus Net Expense Ratio:1.42%N/A
    Prospectus Gross Expense Ratio:1.44%N/A
    Max 12b1 Fee:N/AN/A
    Max Front End Sales Load:N/A5.32%
    Max Deferred Sales Load: N/A2.00%
    3 Yr Expense Projection*:454661
    5 Yr Expense Projection*:7851,098
    10 Yr Expense Projection*:1,7222,944
    * Per $10,000 invested