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15 important things you should know about American Independence FNIHX mutual fund

Updated: September 10, 2020
N/A
Bull Case
  • No Bull case arguments for now!
Bear Case
  • Low net assets
  • High expense ratio
  • Sales load and/or distribution fees

Before we start: if you’re looking for FNIHX “stock” price, you can quickly find it out by visiting Finny and typing "FNIHX quote". If you’re looking for a quick scoop on FNIHX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "FNIHX". You’ll get all this info in one place.

Are you looking to buy or sell FNIHX? Or perhaps you’re looking for FNIHX fact sheet, and learn about its alternatives? If so, you came to the right place.

In this FNIHX mutual fund review, we’ll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.

Here is what you’ll be able to find in this review:

  • Fact Sheet: FNIHX performance, returns, expense ratio, holdings and dividend yield;
  • Analysis: FNIHX buy or sell; the pros and cons of investing in FNIHX mutual fund;
  • Alternatives: other ETFs and mutual funds you should consider as alternatives to FNIHX.

And here is the list of questions we’ll answer:

  1. Describe American Independence Funds Trust: American Independence US Inflation-Protected Fund; Class A Shares (FNIHX).
  2. What are FNIHX holdings?
  3. What is FNIHX performance? What are FNIHX historical returns?
  4. How many up and down years did FNIHX have historically?
  5. What is FNIHX dividend yield?
  6. What is FNIHX minimum initial investment amount?
  7. What is FNIHX expense ratio?
  8. Does FNIHX have any sales loads or 12b-1 distribution expenses?
  9. What is FNIHX tax efficiency (tax-cost ratio)?
  10. What is FNIHX beta? How would you assess FNIHX risk?
  11. What is FNIHX Sharpe ratio?
  12. What is FNIHX Finny Score? FNIHX buy or sell?
  13. What are the pros of investing in FNIHX? What are FNIHX buy reasons?
  14. What are the cons of investing in FNIHX? What are FNIHX sell reasons?

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe American Independence Funds Trust: American Independence US Inflation-Protected Fund; Class A Shares (FNIHX).

The Fund seeks a high level of total return in excess of inflation as may be consistent with the preservation of capital. The Fund invests in dollar-denominated bonds that have a coupon rate and/or principal amount linked to the inflation rate and derivative instruments whose returns are linked to the inflation rate.

2. What are FNIHX top holdings?

FNIHX has 0 stock holdings and 0 bond holdings.

The top 1 holding represent 3.07% of total assets. Here are the top holdings:

Name Symbol % Assets
US Treasury TIP 1.75% N/A 3.07%

3. What is FNIHX performance? What are FNIHX historical returns?

FNIHX has generated the following returns:

4. How many up and down years did FNIHX have historically?

In the last 10 years, FNIHX had 8 up years and 2 down years.

5. What is FNIHX dividend yield?

FNIHX yield is 2.02%.

6. What is FNIHX minimum initial investment amount?

FNIHX minimum initial investment amount is $5.00K.

7. What is FNIHX expense ratio?

FNIHX expense ratio is 0.77%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

8. Does FNIHX have any sales loads or 12b-1 distribution expenses?

FNIHX 12b-1 distribution fee is 0.45. FNIHX front-end sales load is 4.25. FNIHX back-end sales load is 0.

9. What is FNIHX tax efficiency (tax-cost ratio)?

  • 1-year ax cost ratio is %;
  • 3-year ax cost ratio is %.

10. What is FNIHX beta? How would you assess FNIHX risk?

11. What is FNIHX Sharpe ratio?

Analysis

12. What is Finny Score? buy or sell?

Finny Score is N/A. Our quantitative analysis shows 0 reasons to buy and 3 reasons to sell. Finny Scores are not available if there are insufficient data points from the analysis.

13. What are the pros of investing in FNIHX? What are FNIHX buy reasons?

We don't see any strong reasons to buy FNIHX.

14. What are the cons of investing in FNIHX? What are FNIHX negatives?

The following are FNIHX weaknesses from our perspective:

  • FNIHX net assets are $23.00 million. This fund is not a popular choice with retail investors.
  • FNIHX expense ratio is 0.77%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • Warning: this fund has a 12b1 and front-end sales fee. The maximum 12b1 fee is 0.45%, while the maximum front-end sales load is 4.25%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund. Front-end sales load, also known as sales charge, is a fee paid when mutual funds shares are purchased. Those fees are subtracted from your total investable assets.
In the FNIHX review, we covered FNIHX key stats (return, performance, yield, expense ratio, and holdings), buy and sell analysis, and alternative investments. If this review was helpful to you, feel free to check out other mutual fund and ETF reviews.
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