Mutual Fund Insights: Aston/Fortis Real Estate I Fund (AARIX)

In-depth Analysis of Aston/Fortis Real Estate I Fund (AARIX)

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See Aston/Fortis Real Estate I Fund (AARIX) performance details as of January 31, 2010

  

Last Trade: $7.11 on 3/18/2010, Change: -0.03 (-0.42%)

  

Fund Manager - Joseph Pavnica

Fund Manager Tenure: 4.4 years
Fundmojo Fund Grade: D (Score: 0.48)     (What does this score mean?)

Pavnica joined the property team of AAAM in March 2001 and was employed by its predecessor firm from 1997-2001. During his tenure, he has been responsible for analyzing and providing investment recommendations for various property sectors including: retail, multi-family, hotels, industrial, and self-storage.  Get more insights on Joseph Pavnica

  

 What we like about Aston/Fortis Real Estate I Fund (AARIX)

Data for Aston/Fortis Real Estate I Fund (AARIX) as of January 31, 2010

• Aston/Fortis Real Estate I Fund (AARIX) management has been with Aston/Fortis Real Estate I Fund for 4.4 years
• Aston/Fortis Real Estate I Fund (AARIX) has good short-term performance (1-year return 49.75% vs 47.97% Real Estate category average)
• Aston/Fortis Real Estate I Fund (AARIX) is less volatile than its peers as it has a 3-year Standard Deviation of 38.07, lower than category average of 38.72
• Aston/Fortis Real Estate I Fund (AARIX) has a lower management fee than its Real Estate average: 1.12% vs 1.47%
• Aston/Fortis Real Estate I Fund (AARIX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

 What we are cautious about Aston/Fortis Real Estate I Fund (AARIX)

Data for Aston/Fortis Real Estate I Fund (AARIX) as of January 31, 2010

• Aston/Fortis Real Estate I Fund is a focused fund with 58.85% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
• Aston/Fortis Real Estate I Fund (AARIX) has a less-than-ideal mid-term performance (3-year return -18.98% vs -17.09% Real Estate category average)
• Aston/Fortis Real Estate I Fund (AARIX) has a less-than-ideal Long-term performance (5-year return -0.49% vs -0.30% Real Estate category average)
• Aston/Fortis Real Estate I Fund (AARIX) ratio of up-years vs down years can be improved
• Aston/Fortis Real Estate I Fund (AARIX) has a Morningstar rating of 3 and below
• Aston/Fortis Real Estate I Fund (AARIX) is less safe compared to its Real Estate peers
• Aston/Fortis Real Estate I Fund (AARIX) has an annual stock turnover rate of 139.76% that is higher than the Real Estate average of 119.83%. This could mean Aston/Fortis Real Estate I is more nimble, but also signal potential high tax impact and high trading fees
• Aston/Fortis Real Estate I Fund (AARIX) does not have a good risk adjusted return as its 3-year Alpha of -3.41 is worse than category average of -0.91, and its 3-year Sharpe ratio is -0.41

See Aston/Fortis Real Estate I Fund (AARIX) performance details as of January 31, 2010

  

  

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Aston/Fortis Real Estate I Fund (AARIX) Net Asset

Track net asset change of Aston/Fortis Real Estate I fund (AARIX)

Date	Net Asset
01/2010	$23.62M
11/2009	$23.60M
10/2009	$21.91M

More historic net asset information on Aston/Fortis Real Estate I Fund (AARIX)

  

Aston/Fortis Real Estate I Fund (AARIX) Portfolio Allocation

Track portfolio allocation change of Aston/Fortis Real Estate I fund (AARIX)

Date	Cash	Stock	Bond	Other
10/2009	0.23%	99.77%	0%	0%
09/2009	1.08%	98.92%	0%	0%
08/2009	4.04%	95.96%	0%	0%

Click here to see more historic asset allocation information on Aston/Fortis Real Estate I Fund (AARIX)

  

Most Recent Top 10 Holdings in Aston/Fortis Real Estate I Fund (AARIX)

Discover what Aston/Fortis Real Estate I Fund (AARIX) manager is buying

31-Oct-09 SIMON PPTY GRP INC [13.67%] PUBLIC STG [8.49%] KIMCO REALTY CP [5.71%] BOSTON PPTYS INC [5.43%] FEDERAL RLTY INV TR [5.34%] VENTAS INC [4.82%] CAMDEN PROPERTY [4.48%] AVALONBAY CMTYS [4.02%] DOUGLAS EMMETT [3.87%] PROLOGIS SBI [3.81%]

30-Sep-09 SIMON PPTY GRP INC [13.18%] PUBLIC STG [8.68%] BOSTON PPTYS INC [7.75%] KIMCO REALTY CP [5.74%] FEDERAL RLTY INV TR [5.23%] CAMDEN PROPERTY [4.89%] VENTAS INC [4.64%] AVALONBAY CMTYS [4.01%] DOUGLAS EMMETT [3.8%] PROLOGIS SBI [3.78%]

31-Aug-09 SIMON PPTY GRP INC [13.01%] PUBLIC STG [8.4%] BOSTON PPTYS INC [7.87%] VENTAS INC [4.44%] HOST HOTELS & RESORT [4.43%] DOUGLAS EMMETT [4.35%] KIMCO REALTY CP [4.31%] EASTGROUP PROPERTIES [4.15%] BlackRock Liquidity TempCash Instl [4.04%] AVALONBAY CMTYS [3.83%]

Click here for Stock Holding Change Map in Aston/Fortis Real Estate I Fund (AARIX)

  

Related books and products to Aston/Fortis Real Estate I Fund (AARIX)

  

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See more information on Aston/Fortis Real Estate I Fund (AARIX)

• Aston/Fortis Real Estate I Fund Insights
• Aston/Fortis Real Estate I Fund Performance Data
• Aston/Fortis Real Estate I Fund News
• Aston/Fortis Real Estate I Fund Score Explaination
• Aston/Fortis Real Estate I Fund Manager Information
• Historic Aston/Fortis Real Estate I Fund Asset Allocation Report
• Historic Aston/Fortis Real Estate I Fund Top 10 Holding Tracking
• Historic Aston/Fortis Real Estate I Fund Asset Under Management Tracking