Altegris/AACA Opportunistic Real Estate Fund N

Frequently Asked Questions About RAANX

What does RAANX invest in?

This fund's primary objective is to generate overall returns, aiming for both substantial long-term growth in asset value and a steady stream of current income. It pursues this goal by strategically investing in the stock market, specifically taking both "long" (betting on price increases) and "short" (betting on price decreases) positions in shares of companies focused on real estate or real estate-related businesses. Under typical market conditions, the fund commits a significant portion—at least 80% of its total net assets, which includes any funds borrowed for investment purposes—to these real estate-centric equities. It is important to note that this fund is considered non-diversified.

What is the expense ratio of RAANX?

An expense ratio for Altegris/AACA Opportunistic Real Estate Fund N (RAANX) 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 RAANX?

Altegris/AACA Opportunistic Real Estate Fund N (RAANX) manages $163.5M 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 RAANX actively managed or an index fund?

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

When was RAANX launched?

Altegris/AACA Opportunistic Real Estate Fund N (RAANX) launched in January 2014 and is managed by the fund issuer.

How has RAANX performed?

RAANX'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.