Access Flex Bear High Yield Inv (AFBIX)
10.50 0.04(0.38%) Dec 18
* As of 30-Nov-13
Quotes delayed, except where indicated otherwise. Currency in USD.
- No Headlines available for AFBIX at this time.
|Symbol||% Assets||YTD Return %|
|Goldman Cdx Mtm - Long||3.62||N/A|
|Goldman Sachs Cdx Ser 20||3.62||N/A|
|Morningstar Overall Rating:||N/A|
|Annual Report Expense Ratio (net):||1.88%|
Performance & Risk
|5y Avg Return:||-18.24%|
|Rank in Category (ytd):||93|
|% Rank in Category (ytd):||581.25%|
|Morningstar Risk Rating:|
The investment seeks to provide investment results that correspond generally to the inverse of the total return of the high yield market consistent with maintaining reasonable liquidity.
The fund invests primarily in derivatives and money market instruments that the adviser believes, in combination, should provide investment results that inversely correspond to the high yield market. It seeks to maintain inverse exposure to the high yield market regardless of market conditions and without taking defensive positions in cash or other instruments in anticipation of periods favorable for the high yield market. The fund is non-diversified. View More