Ab Sustainable Global Fund Quote
| ALTFX Fund | USD 158.37 0.46 0.29% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Ab Sustainable is trading at 158.37 as of the 22nd of November 2024; that is 0.29% up since the beginning of the trading day. The fund's open price was 157.91. Ab Sustainable has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Ab Sustainable Global 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 pursues opportunistic growth by investing in a global universe of companies whose business activities the Adviser believes position the company to benefit from certain sustainable investment themes that align with one or more of the United Nations Sustainable Development Goals . More on Ab Sustainable Global
Moving together with ALTFX Mutual Fund
ALTFX Mutual Fund Highlights
| Fund Concentration | AllianceBernstein Funds, Large Growth Funds, World Large-Stock Growth Funds, World Large-Stock Growth, AllianceBernstein (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 31st of October 2022 |
| Fiscal Year End | July |
Ab Sustainable Global [ALTFX] is traded in USA and was established 22nd of November 2024. Ab Sustainable is listed under AllianceBernstein category by Fama And French industry classification. The fund is listed under World Large-Stock Growth category and is part of AllianceBernstein family. This fund presently has accumulated 1.97 B in assets under management (AUM) with no minimum investment requirementsAb Sustainable Global is currently producing year-to-date (YTD) return of 7.58% with the current yeild of 0.0%, while the total return for the last 3 years was -3.46%.
Check Ab Sustainable Probability Of Bankruptcy
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 ALTFX 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 ALTFX 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 Sustainable Global 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.
Top Ab Sustainable Global Mutual Fund Constituents
| EBS | Emergent Biosolutions | Stock | Health Care | |
| BDX | Becton Dickinson and | Stock | Health Care | |
| LITE | Lumentum Holdings | Stock | Information Technology | |
| MSCI | MSCI Inc | Stock | Financials | |
| NEE | Nextera Energy | Stock | Utilities | |
| CALX | Calix Inc | Stock | Information Technology | |
| AMS | American Shared Hospital | Stock | Health Care | |
| NKE | Nike Inc | Stock | Consumer Discretionary |
Ab Sustainable Global Risk Profiles
| Mean Deviation | 0.6287 | |||
| Standard Deviation | 0.8085 | |||
| Variance | 0.6537 | |||
| Risk Adjusted Performance | (0.02) |
Ab Sustainable Against Markets
Other Information on Investing in ALTFX Mutual Fund
Ab Sustainable financial ratios help investors to determine whether ALTFX 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 ALTFX with respect to the benefits of owning Ab Sustainable security.
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