RiverSource Absolute Ret Ccy & Inc A
70100 Ameriprise Financial Center Minneapolis MN 55474
Map
Phone: 888-791-3380
| Category: | Short-Term Bond | | Fund Family: | RiverSource | | Net Assets: | 105.54M | | Year-to-Date Return: | -0.81% | | Yield: | 0.00% | | Morningstar Rating: |  | | Fund Inception Date: | 15-Jun-06 |
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Nicholas Pifer
Lead Manager since
15-Jun-06 | | | Pifer is VP and Sector Leader for Global Fixed Income. He joined RiverSource in 2000. Pifer worked for six years at the Federal Reserve Bank of New York, holding multiple positions including international economist, foreign exchange trader/analyst, and the markets officer responsible for managing the Bank?s foreign exchange staff. He was then employed by Investment Advisers, Inc., where he was a fixed income portfolio manager responsible for international and global fixed income portfolios. |
| Min Initial Investment: | $10,000 | | Min Initial Investment, IRA: | NaN | | Min Initial Investment, AIP: | $10,000 | | Min Subsequent Investment: | $100 | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | $100 |
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| The investment seeks positive absolute return. The fund normally invests at least 80% of assets in short-duration debt obligations and forward foreign currency contracts. It invests a small portion of assets in U.S. government securities. The fund targets portfolio duration of one to five months but may extend the portfolio duration up to one year. It is nondiversified. |
| Last Dividend
(25-Nov-08):
| 0.00 | | Last Cap Gain
(17-Dec-08):
| 0.05 | | Annual Holdings Turnover
| YFT_NOT_APPLICABLE_ABBREVIATION | | Average for Category:
| 114.02% |
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| Expense | RARAX | Category
Avg | | Total Expense Ratio: | %
| 0.91% | | Max 12b1 Fee: | %
| N/A | | Max Front End Sales Load: | 3.00%
| 2.62% | | Max Deferred Sales Load: | %
| 2.12% | | 3 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $406 | | 5 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $646 | | 10 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $1,332 |
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1.06% Nasdaq 
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