Kensington Active Advantage Fund Quote
| KADAX Fund | USD 10.24 0.01 0.1% |
Performance12 of 100
| Odds Of DistressLess than 18
|
Kensington Active is trading at 10.24 as of the 28th of November 2024; that is 0.1 percent down since the beginning of the trading day. The fund's open price was 10.25. Kensington Active has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Kensington Active Advantage are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
The fund primarily seeks to achieve its equity exposure by investing in one or more of the following investment types other mutual funds and exchange-traded funds that track the returns of a broad-based U.S. equity market index, individual equity securities, andor equity index futures. More on Kensington Active Advantage
Moving together with Kensington Mutual Fund
| 0.77 | DFNDX | Kensington Defender | PairCorr |
| 1.0 | KADCX | Kensington Active | PairCorr |
| 1.0 | KADIX | Kensington Active | PairCorr |
Moving against Kensington Mutual Fund
Kensington Mutual Fund Highlights
| Fund Concentration | Kensington Asset Management LLC Funds, Large Blend Funds, Tactical Allocation Funds, Tactical Allocation, Kensington Asset Management LLC (View all Sectors) |
| Update Date | 30th of September 2024 |
Kensington Active Advantage [KADAX] is traded in USA and was established 28th of November 2024. Kensington Active is listed under Kensington Asset Management LLC category by Fama And French industry classification. The fund is listed under Tactical Allocation category and is part of Kensington Asset Management LLC family. Kensington Active now has accumulated 10.68 M in assets with no minimum investment requirements with the current yeild of 0.02%.
Check Kensington Active 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 Kensington 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 Kensington 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 Kensington Active Advantage 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 Kensington Active Advantage Mutual Fund Constituents
| QQQM | Invesco NASDAQ 100 | Etf | Large Growth |
Kensington Active Risk Profiles
| Mean Deviation | 0.2822 | |||
| Semi Deviation | 0.256 | |||
| Standard Deviation | 0.3828 | |||
| Variance | 0.1465 |
Kensington Active Against Markets
Other Information on Investing in Kensington Mutual Fund
Kensington Active financial ratios help investors to determine whether Kensington 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 Kensington with respect to the benefits of owning Kensington Active security.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios |