As of 10/31/2024 | Month | YTD | 1 Year | 3 Year1 | 5 Year1 | 10 Year1 | Since Inception1,2 |
---|---|---|---|---|---|---|---|
Aspiriant Defensive Allocation Fund (RMDFX) | -1.18% | 6.01% | 10.36% | 2.52% | 3.73% | N/A | 3.65% |
HFRI Fund of Funds Composite Index | 0.42% | 7.42% | 12.02% | 2.18% | 5.43% | N/A | 4.06% |
Bloomberg U.S. Aggregate Bond Index | -2.48% | 1.86% | 10.55% | -2.20% | -0.23% | N/A | 1.51% |
As of 9/30/2024 | Quarterly | YTD | 1 Year | 3 Year1 | 5 Year1 | 10 Year1 | Since Inception1,2 |
---|---|---|---|---|---|---|---|
Aspiriant Defensive Allocation Fund (RMDFX) | 2.60% | 7.27% | 11.24% | 3.21% | 4.19% | N/A | 3.83% |
HFRI Fund of Funds Composite Index | 1.08% | 5.98% | 9.32% | 2.25% | 5.26% | N/A | 3.94% |
Bloomberg U.S. Aggregate Bond Index | 5.20% | 4.45% | 11.57% | -1.39% | 0.33% | N/A | 1.81% |
1 Annualized.
2 Fund inception date 12/14/2015.
The performance data quoted represents past performance and is not a guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance information quoted. To obtain performance information current to the most recent month-end, please call 1.877.997.9971.
The gross and net expense ratios are 4.21% and 4.13%, respectively.*
The adviser has contractually agreed to waive its administrative services fee from 0.10% to 0.02% through July 31, 2025. This arrangement may be terminated only by Aspiriant Trust’s Board of Trustees.
The HFRI Fund of Funds Composite Index is an uninvestable, unmanaged index that is an equal weighted index of over 650 constituent hedge fund of funds that invest over a broad range of strategies.
The Bloomberg U.S. Aggregate Bond Index is an uninvestable, unmanaged, broad fixed income, market-value-weighted index generally representative of investment grade fixed-rate debt issues, including government, corporate, asset-backed, and mortgage-backed securities with maturities of at least one year. It is not possible to invest directly in an index.
* Effective 8/1/2024.
Please consider the Fund’s investment objectives, risks, charges and expenses carefully before investing. The prospectus that contains this and other information about the Fund is available by calling 1.877.997.9971 and should be read carefully prior to investing.
The Fund is a non-diversified investment company under the Investment Company Act of 1940. To the extent the Fund concentrates its investments in a relatively small number of issuers, the Fund may be subject to greater risks and fluctuations than a portfolio representing a larger number of holdings.
An investment in the Fund is subject to risks, and you could lose money on your investment in the Fund. There is no guarantee that the Fund will achieve its investment objective. The cost of investing in a fund of funds may be higher than other mutual funds as the Fund will bear not only its own direct expenses but also a portion of expenses of the underlying funds. The Fund’s performance is tied to the performance of the underlying funds which means that if one or more of the underlying funds fails to meet its objective then the performance of the Fund may be adversely impacted. The Fund’s asset allocation percentages are made across a broad range of investment strategies which may expose investors to increased risks. This may include investing significant portions of assets in certain asset classes and industries within certain economic sectors which may be unfavorably affected by the same political, economic or market events. The Fund may invest in illiquid securities, which may or may not be sold or disposed of in the ordinary course of business. As a result of its investments in underlying funds, the Fund is exposed to the principal risks of underlying funds. These risks include alternative strategies, asset-backed and mortgage-backed securities, call, commodity, counterparty, covered calls and equity collars, credit, defaulted securities, derivatives, emerging markets, extension, floating rate loan, foreign securities and currencies, high yield securities, income, interest rate, inverse floaters, large shareholder, leverage, preferred securities, prepayment, REIT and real estate, restricted securities, sector, short sale, small and mid-cap company and zero coupon bond risks. Further information about these and other risks may be found in the prospectus.
Aspiriant Defensive Allocation Fund is distributed by UMB Distribution Services, LLC
Quick Facts
Ticker Symbol
RMDFX
CUSIP
04537J201
Inception Date
12/14/2015
Fund Assets
$1.12 Billion
(as of 9/30/2024)
Number of Holdings
11 (as of 9/30/2024)
Dividends
Distributed Annually