Ab Discovery is trading at 24.78 as of the 22nd of November 2024; that is 1.64% up since the beginning of the trading day. The fund's open price was 24.38. Ab Discovery has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Ab Discovery Value are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
The fund invests primarily in a diversified portfolio of equity securities of small- to mid-capitalization U.S. companies. Under normal circumstances, it invests at least 80 percent of its net assets in securities of small- to mid-capitalization companies. More on Ab Discovery Value
Ab Discovery Value [ABASX] is traded in USA and was established 22nd of November 2024. Ab Discovery is listed under AllianceBernstein category by Fama And French industry classification. The fund is listed under Small Value category and is part of AllianceBernstein family. This fund presently has accumulated 2.69 B in assets under management (AUM) with no minimum investment requirementsAb Discovery Value is currently producing year-to-date (YTD) return of 13.54% with the current yeild of 0.0%, while the total return for the last 3 years was 3.26%.
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Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on ABASX Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ABASX Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Ab Discovery Value Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Other Information on Investing in ABASX Mutual Fund
Ab Discovery financial ratios help investors to determine whether ABASX Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ABASX with respect to the benefits of owning Ab Discovery security.