Anchor Alternative Equity Fund
Anchor Alternative Equity Fund will pursue total with a secondary objective of limiting risk. It will be a long/short fund-of-funds investing in ETFs and mutual funds. Here’s the key phrase: “The Fund primarily takes long and short positions in securities that are highly correlated to major US equity indices based on long, intermediate, and short term trends.” The fund will be managed by Garrett Waters of Anchor Capital Management. The initial expense ratio is 2.77%. The minimum initial investment is $2,500.
Anchor Tactical Real Estate Fund
Anchor Tactical Real Estate Fund will pursue above average total returns over a full market cycle with lower correlation and reduced risk when compared to traditional real estate indexes. It will be a long/short fund-of-funds investing in ETFs and mutual funds. They’ll invest in real estate funds based on their analysis of trends, with the prospect of hedging against broad market declines with short ETFs. The fund will be managed by Garrett Waters of Anchor Capital Management. The initial expense ratio is 3.10%. The minimum initial investment is $2,500.
Cornerstone Core Plus Bond
Cornerstone Core Plus Bond will pursue total return, consisting of current income and capital appreciation. The plan is to farm the work out to 12 people representings several different famous firms. The initial expense ratio is 0.49%. The minimum initial investment is $2,000 but it’s available only “to certain advisory clients of the Adviser.”
Low Beta Tactical 500 Fund
Low Beta Tactical 500 Fund will seek to outperform the S&P 500 with lower volatility than the Index. The plan is to invest either in S&P 500 ETFs or cash based on “tactical research, analysis and evaluation regarding market trends.” The fund will be managed by Thomas Moring of LGM Capital Management. The initial expense ratio is 1.95%. The minimum initial investment hasn’t been disclosed.
Schwab Target 2060 Fund
Schwab Target 2060 Fund will pursue capital appreciation and income by investing in other Schwab and Laudus Funds. Zifan Tang, Ph.D., CFA, a Managing Director and Head of Schwab’s Asset Allocation Strategies, is responsible for all the funds in the series. The expense ratios have not yet been released. Ironically, the funds do not carry 12b-1 fees, which are usually the price for getting carried on the Schwab platform. The funds are only open to institutional investors but for those investors the minimum investment is $100.
Schwab Target Date Index Funds
Schwab Target Date Index Fund will pursue “capital appreciation and income consistent with its current asset allocation.” These will be funds-of-ETFs which equity exposure ranging from 95% (2060) to about 40% (2010). Zifan Tang, Ph.D., CFA, a Managing Director and Head of Schwab’s Asset Allocation Strategies, is responsible for all the funds in the series. The expense ratios have not yet been released. Ironically, the funds do not carry 12b-1 fees, which are usually the price for getting carried on the Schwab platform. The funds are only open to institutional investors but for those investors the minimum investment is $100.
