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Map
Phone: 888-266-8787
| Category: | Target Date 2026-2030 | | Fund Family: | American Independence | | Net Assets: | 27.07M | | Year-to-Date Return: | -3.59% | | Yield: | 0.49% | | Morningstar Rating: |  | | Fund Inception Date: | Mar 14, 2006 |
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Glenn Dorsey
Lead Manager since Feb 28, 2010 | | | Mr. Glenn Dorsey, Portfolio Manager, joined American Independence Financial Services, LLC in January 2009. Before joining AIFS, Mr. Dorsey was the founder of Reveille Asset Management where he worked as a Portfolio Manager from July 2006 until January 2009. Prior to starting Reveille, Mr. Dorsey was a portfolio manager with Jamison Prince Asset Management from December 2004 to July 2006, Lyon Stubbs & Tompkins from March 1994 to December 2004, Mitchell Hutchins from January 1990 to March 1994 and Bankers Trust Company from June 1986 to June 1990. Mr. Dorsey is a Chartered Financial Analyst. |
| Min Initial Investment: | 1,000 | | Min Initial Investment, IRA: | 250 | | Min Initial Investment, AIP: | 1,000 | | Min Subsequent Investment: | 25 | | Min Subsequent Investment, IRA: | 25 | | Min Subsequent Investment, AIP: | 25 |
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| The investment seeks the highest total return over time consistent with an emphasis on capital growth and income.
The fund normally invests in a diversified portfolio of stocks, bonds, and cash. Its allocation is amongst three major asset classes, stocks, bonds, and cash, which will change over time in relation to its target retirement date. major asset classes (stocks, bonds and cash). The fundâs allocation becomes more conservative as the Fundâs target year approaches and after it arrives. As of December 31st, 2009, the fund invests 32% of assets in US Treasury, 62% in global euiqty and holds 6% in cash. |
| Last Dividend
(Dec 22, 2009)
:
| 0.04 | | Last Cap Gain
(Dec 20, 2007)
:
| 0.63 | | Annual Holdings Turnover
(Jul 5, 2010)
:
| 187.00% | | Average for Category: | 27.71% |
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| Expense | NEDVX | Category Avg |
|---|
| Annual Report Expense Ratio (net): | 1.66% | 0.54% | | Prospectus Net Expense Ratio: | N/A | N/A | | Prospectus Gross Expense Ratio: | N/A | N/A | | Max 12b1 Fee: | 1.00% | N/A | | Max Front End Sales Load: | N/A | 5.25% | | Max Deferred Sales Load:
| 1.00% | 2.23% | | 3 Yr Expense Projection*: | 845 | 572 | | 5 Yr Expense Projection*: | 1,538 | 889 | | 10 Yr Expense Projection*: | 3,385 | 1,827 |
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0.91%