Securian AM Equity Stabilization Fund
Data updated: 2023-01-30
C000222859 — Securian AM Equity Stabilization Fund. Balanced Allocation · $14.35M AUM · 1.12% expense ratio. Holdings, fees, performance and SEC filings.
C000222859 Fund Overview
Securian AM Equity Stabilization Fund is a US mutual fund managed by Investment Managers Series Trust, categorised as Balanced Allocation. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Investment Managers Series Trust
- Category: Balanced Allocation
- Assets under management: $14.35M
- 1-year return: -3.5%
- SEC CIK: 0001318342
- SEC series ID: S000069988
- Share class ID: C000222859
C000222859 Investment Objective and Strategy
Securian AM Equity Stabilization Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Investment Managers Series Trust.
Investment objective
The Securian AM Equity Stabilization Fund (the Equity Stabilization Fund or Fund) seeks to maximize risk-adjusted returns while using hedging techniques to target volatility of 10% or less over a full market cycle.
Principal investment strategy
The Fund seeks to achieve its investment objective by investing in other funds or directly in securities while using hedging techniques to manage portfolio risk and volatility. Under normal market conditions, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. The Fund may invest in equity securities of any market capitalization. Equity securities include those that are equity-based, such as exchange-traded funds (ETFs) that invest primarily in U.S. and foreign equity securities. Over time, the Fund will target an approximate 85% equity exposure and 15% cash or cash equivalent exposure. The Fund will generally seek to invest in ETFs whose underlying equity securities have prices that are less volatile than the equity markets as a whole.
As market conditions change, the Funds effective equity exposure will change in an effort to manage overall Fund volatility, with a minimum effective equity exposure of 10% and a maximum effective equity exposure of 100% of the Funds total asset value. The Fund will seek to manage its effective equity exposure and its overall volatility by investing primarily in S&P 500 futures contracts and other derivative instruments. In periods when the Funds sub-advisor expects higher volatility in the equity market, as measured by the S&P 500 , the Fund will seek to reduce its effective equity exposure and the overall volatility of its portfolio by either selling S&P 500 futures contracts (taking short positions in such contracts) or reducing its long positions in S&P 500 futures contracts.
In periods when the Funds sub-advisor expects lower volatility in the equity market, the Fund will seek to increase its effective equity exposure by purchasing S&P 500 futures contracts (taking long positions in such contracts) or reducing its short positions in S&P 500 futures contracts. Under normal market conditions, this hedging process will seek to target, over an extended period of years, an average annualized volatility in the daily total returns of the Fund of approximately 10%. The use of S&P 500 , treasury and interest rate futures contracts and interest rate swaps has the effect of introducing leverage into the Funds portfolio. Leverage is introduced because the initial amount required to purchase a futures contract is small in relation to the notional value of the contract.
Despite any use of leverage, under normal circumstances the Funds effective equity exposure is not expected to exceed 100% of its total asset value. In selecting investments, the Funds sub-advisor considers factors such as, but not limited to, the Funds current and anticipated asset allocation positions, security pricing, industry outlook, current and anticipated interest rates, other market and economic conditions, and issuer operations. The Fund may also engage in frequent or short-term trading of securities and derivative instruments.
C000222859 Holdings
Top 10 holdings of Securian AM Equity Stabilization Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| iShares MSCI USA Min Vol Facto | 32.15% |
| iShares MSCI EAFE Min Vol Fact | 24.55% |
| iShares Core High Dividend ETF | 17.77% |
| MSILF Government Portfolio | 8.79% |
| iShares MSCI Emerging Markets | 6.89% |
| BlackRock Short Maturity Bond | 4.59% |
| iShares MSCI Germany ETF | 4.46% |
| Spx 03/31/22 C4480 03/22 4480.0 Cal / | 0.14% |
| E-Mini S&P 500 FUT MAR 2022 / | 0.06% |
| Vix 03/15/22 P26 03/22 26.0 Put / | 0.04% |
C000222859 Portfolio Allocation
Asset-class allocation of Securian AM Equity Stabilization Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Other | 90.4% |
| Cash & Equivalents | 8.8% |
| Derivatives | 0.2% |
C000222859 Performance
Total returns for C000222859 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -3.5% |
| 3 years (annualised) | 2.9% |
C000222859 Risk Information
Risk metrics for C000222859, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 13.3%
C000222859 Costs and Fees
C000222859 costs about $112 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.12%
- Gross expense ratio: 1.77%
- Portfolio turnover: 6%
- Brokerage commissions: 1.15 bps of average net assets (SEC N-CEN)
C000222859 Cashflows
Over the 12 months to 2022-11, Securian AM Equity Stabilization Fund had net inflows of $5.69M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-11 | $614.47K |
| 2022-10 | $67.71K |
| 2022-09 | $485.44K |
| 2022-08 | $227.60K |
| 2022-07 | $297.92K |
| 2022-06 | $901.92K |
C000222859 Debt Constituents
No individual debt constituents are reported in Securian AM Equity Stabilization Fund's latest SEC N-PORT filing.
C000222859 Prospectus and SEC Filings
Official Securian AM Equity Stabilization Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-12-29
- Prospectus (485BPOS) — filed 2021-12-28
- Prospectus (485BPOS) — filed 2020-11-12
- Portfolio holdings (N-PORT) — filed 2023-01-30
- Portfolio holdings (N-PORT) — filed 2022-10-26
- Portfolio holdings (N-PORT) — filed 2022-07-27
- Annual census (N-CEN) — filed 2022-11-09
- Annual census (N-CEN) — filed 2021-11-12
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Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.