Absolute Opportunities Instl
Forum Funds (Absolute)P.O. Box 588Portland,ME 04112
Map
Phone: 888-992-2765
| Category: | Multialternative | | Fund Family: | Absolute Strategies | | Net Assets: | 383.75M | | Year-to-Date Return: | 0.79% | | Yield: | 0.00% | | Morningstar Rating: |  | | Fund Inception Date: | Oct 20, 2008 |
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Jay Compson
Lead Manager since Oct 20, 2008 | | | Compson is the principal and founder of Absolute Investment Advisers LLC since 2004. Prior to that, he was a portfolio manager and partner at Abington Capital LP. Before that, he was at Tucker Anthony Sutro, Inc. Previously Compson was at Lehman Brothers in New York where he analyzed business unit RAROC for the firm's executive committee to understand volatility in overall firm ROE and to diversify systemic risk exposures. He began his career as a mega-yacht and catastrophe underwriter for the Chubb Group. |
| Min Initial Investment: | 1,000,000 | | Min Initial Investment, IRA: | 1,000,000 | | Min Initial Investment, AIP: | 1,000,000 | | Min Subsequent Investment: | N/A | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | 100 |
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| The investment seeks long-term capital appreciation with an emphasis on risk-adjusted returns and lower volatility than traditional equity market indices such as the S&P 500 Index.
Absolute will generally allocate fund assets to a carefully chosen group of skilled money managers who employ a wide range of specialized investment strategies that Absolute believes offer the potential for attractive long-term risk-adjusted investment returns. Absolute seeks to diversify the fund's portfolio across multiple strategies and investment styles that Absolute believes are complementary and, when combined, will produce risk-adjusted returns. The fund is non-diversified. |
| Last Dividend
:
| 0.00 | | Last Cap Gain
(Dec 12, 2011)
:
| 0.00 | | Annual Holdings Turnover
(Dec 30, 2012)
:
| 430.00% | | Average for Category: | 145.08% |
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| Expense | AOFOX | Category Avg |
|---|
| Annual Report Expense Ratio (net): | 2.95% | 1.79% | | Prospectus Net Expense Ratio: | 2.95% | N/A | | Prospectus Gross Expense Ratio: | 3.58% | N/A | | Max 12b1 Fee: | N/A | N/A | | Max Front End Sales Load: | N/A | 5.40% | | Max Deferred Sales Load:
| N/A | 1.28% | | 3 Yr Expense Projection*: | 1,095 | 982 | | 5 Yr Expense Projection*: | 1,853 | 1,667 | | 10 Yr Expense Projection*: | 3,843 | 3,299 |
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0.06%