Altegris/AACA Opportunistic Real Estate Fund I

Frequently Asked Questions About RAAIX

What does RAAIX invest in?

The fund endeavors to deliver comprehensive total returns, derived from both long-term capital growth and recurring income. It executes this strategy by strategically investing, through both long and short positions, in the equity securities of companies engaged in the real estate sector or activities closely tied to it. Under standard operating conditions, the fund dedicates a minimum of 80% of its overall assets (defined as net assets plus any funds borrowed for investment) to these equity holdings in real estate-centric enterprises. This investment vehicle is designated as non-diversified.

What is the expense ratio of RAAIX?

An expense ratio for Altegris/AACA Opportunistic Real Estate Fund I (RAAIX) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

How big is RAAIX?

Altegris/AACA Opportunistic Real Estate Fund I (RAAIX) manages $36.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is RAAIX actively managed or an index fund?

RAAIX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was RAAIX launched?

Altegris/AACA Opportunistic Real Estate Fund I (RAAIX) launched in February 2011 and is managed by the fund issuer.

How has RAAIX performed?

RAAIX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.