Congressional Effect Investor (CEFFX)
9.80 0.08(0.82%) Dec 6
* As of 30-Nov-13
Quotes delayed, except where indicated otherwise. Currency in USD.
- No Headlines available for CEFFX at this time.
|Symbol||% Assets||YTD Return %|
|SPDR S&P 500||49.66||-88.14|
|US Treasury Bill||0.62||N/A|
|Morningstar Overall Rating:|
|Annual Report Expense Ratio (net):||1.51%|
Performance & Risk
|5y Avg Return:||1.74%|
|Rank in Category (ytd):||99|
|% Rank in Category (ytd):||6.21%|
|Morningstar Risk Rating:||1|
The investment seeks capital appreciation and income.
The fund invests in the S&P 500 on days when Congress is "out of session" and invests in interest-bearing domestic securities or to otherwise be out of the stock market when Congress is "in session". The advisor believes that this methodology minimizes investment exposure and risk when Congress is in session, while fully investing in the S&P 500 when Congress is out of session. When Congress is in session, the fund's goal is for 90% or more of assets to be out of the U.S. stock market. When Congress is not in session, the advisor may invest the assets in one or more types of S&P 500 Index futures contracts. View More