ASTON Dynamic Allocation Fund
| N | I | |
|---|---|---|
| CUSIP | 00080Y769 | 00080Y637 |
| Ticker | ASENX | ADNAX |
| Share Class Inception | 1/10/2008 | 11/2/2010 |
| Gross Exp Ratio (%) | 1.78 | 1.53 |
| Net Exp Ratio (%) | 1.3 | 1.05 |
| NAV | 8.50 | 8.51 |
| NAV Change | 0.12 | 0.12 |
| Benchmark | MSCI World Ex-US Index- 35%, Russell 3000 Index- 35%, Barclays Capital Aggregate Bond Index - 30% |
| Morningstar Category | Conservative Allocation |
Overall Morningstar Rating™
Among 843 Moderate Allocation funds derived from a weighted average of the Fund’s 3-, 5- and 10-year risk-adjusted returns as of 12/31/11.
Fund Resources
Portfolio Manager
Bryce James
Mr. James co-founded Smart Portfolios, LLC in 2002 and serves as President and Chief Compliance Officer. He has more than 26 years of investment experience, most recently as a partner and founder of Shield Investment Advisors, a fixed-income fund of hedge funds. Prior to Shield, he was a Senior Vice President with Morgan Stanley. He received a BS in Accounting, Finance and Marketing from Central Washington University.
- Fund Class N Shares (ASENX)
- Fund Class I Shares (ADNAX)
- MSCI World Ex-US Index- 35%, Russell 3000 Index- 35%, Barclays Capital Aggregate Bond Index - 30%
- Category: Moderate Allocation
| Average Annual Total Returns | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Monthly returns (%) Period ended 12/31/11 |
Annualized Returns (%) |
|||||||||
| Month | 3 Months | YTD | 1 yr | 3 yr | 5 yr | 10 yr | Since Incept. | Incept. Date | ||
| Fund Class N Shares (ASENX) | -1.81 | -0.55 | -1.18 | -1.18 | 9.07 | N/A | N/A | 1.42 | 1/10/2008 | |
| Fund Class I Shares (ADNAX) | -1.76 | -0.51 | -0.93 | -0.93 | N/A | N/A | N/A | 3.91 | 11/2/2010 | |
| MSCI World Ex-US Index- 35%, Russell 3000 Index- 35%, Barclays Capital Aggregate Bond Index - 30% | 0.24 | 5.85 | -1.49 | -1.49 | 10.74 | N/A | N/A | -0.81 | 12/31/2007 | |
| Category: Moderate Allocation | 0.40 | 6.69 | -0.11 | -0.11 | 11.54 | 1.33 | 3.93 | -0.22 | 12/31/2007 | |
| Calendar year-end returns | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | |
| Fund Class N Shares (ASENX) | -1.18 | 9.29 | 20.14 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Fund Class I Shares (ADNAX) | -0.93 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| MSCI World Ex-US Index- 35%, Russell 3000 Index- 35%, Barclays Capital Aggregate Bond Index - 30% | -1.49 | 11.54 | 23.60 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
For periods less than one-year, total returns are reported; for periods more than one-year, average annual total returns are reported.
MSCI World Ex-US Index is a free float-adjusted market capitalization index that is designed to measure global developed market equity performance excluding the US.
The Russell 3000 Index offers investors access to the broad U.S. equity universe representing approximately 98% of the U.S. market. The Russell 3000 Index is constructed to provide a comprehensive, unbiased and stable barometer of the broad market and is completely reconstituted annually to ensure new and growing equities are reflected. Indices are adjusted for the reinvestment of capital gains and income dividends. Individuals cannot invest in an index.
Barclays U.S. Aggregate Bond Index is an unmanaged index representing more than 5,000 taxable government, investment-grade corporate and mortgage-backed securities. Indices are adjusted for the reinvestment of capital gains and income dividends. Individuals cannot invest in an index.
| Morningstar Rating™ (based on risk-adjusted returns) and Morningstar Rankings™ (based on total returns) Moderate Allocation Category as of 12/31/2011 |
|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Overall | 1 yr | 3 yr | 5 yr | 10 yr | |||||||
| Rating | Rank | Rating | Rank | Rating | Rank | Rating | Rank | ||||
| Fund Class N Shares (ASENX) | 2 Stars | 61 | 2 Stars | 90 | N/A | N/A | N/A | N/A | |||
| Fund Class I Shares (ADNAX) | N/A | 58 | N/A | N/A | N/A | N/A | N/A | N/A | |||
| Total # funds in category | 843 | 963 | 843 | N/A | N/A | ||||||
The highest or most favorable Morningstar percentile rank is 1 and the lowest percentile rank is 100. The top-performing fund in a category will always receive a rank of 1. Various rating agencies categorize funds differently. Past performance is no guarantee of future results.
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