Fund Evaluator:

ABR 50/50 Volatility Investor Overview

ABR 50/50 Volatility Investor (ABRJX) is an actively managed Nontraditional Equity Long-Short Equity fund. ABR launched the fund in 2017.

The investment seeks long-term capital appreciation. The Adviser will, under normal market conditions, manage the fund's assets so that fifty percent (50%) of its net assets are managed in accordance with the Adviser's proprietary "long" volatility strategy, and the remaining fifty percent (50%) of its net assets are managed in accordance with the Adviser's proprietary "short" volatility strategy. The fund is non-diversified.

About ABR 50/50 Volatility Investor (ABRJX)

There are 2 members of the management team with an average tenure of 8.75 years: Taylor Lukof (2017), David Skordal (2017). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and FTSE Treasury Bill 3 Mon USD index with a weighting of 100%. ABR 50/50 Volatility Investor has 7 securities in its portfolio. The top 10 holdings constitute 47.4% of the fund’s assets. The fund meets the SEC requirement of being classified as a nondiversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

ABR 50/50 Volatility Investor is part of the Equity global asset class and is within the Nontraditional Equity fund group. ABR 50/50 Volatility Investor has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 2.7%. There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). ABR 50/50 Volatility Investor has 94.7% of the portfolio in cash.

Assets Under Management

The fund has $4 million in total assets, which is below the $342 million average for the Long-Short Equity category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

ABRJX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The ABR 50/50 Volatility Investor expense ratio is high compared to funds in the Long-Short Equity category. ABR 50/50 Volatility Investor has an expense ratio of 2.75%, which is 25% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. ABR 50/50 Volatility Investor has a portfolio turnover rate of 1292%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 287% for the Long-Short Equity category.

Recently, in the month of June 2026, ABR 50/50 Volatility Investor returned 2.7%, which earned it a grade of A, as the Long-Short Equity category had an average return of -0.3%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

ABR 50/50 Volatility Investor has a trailing yield of 0.00%, which is below the 1.21% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

ABR 50/50 Volatility Investor Grades

Year to date, the fund has returned 5.2%, 0.1 percentage points better than the category, which translates into a grade of D. The fund has returned 22.7% over the past year (grade of A), 10.7% over the past three years (grade of C) and 5.7% per year over the past five years (grade of D).

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