RMEIX — Aspiriant Risk-Managed Equity Allocation Fund
Data updated: 2026-08-25
RMEIX — Aspiriant Risk-Managed Equity Allocation Fund. Hedged · $1.41B AUM · 1.49% expense ratio. Holdings, fees, performance and SEC filings.
RMEIX Fund Overview
RMEIX — Aspiriant Risk-Managed Equity Allocation Fund is a US mutual fund managed by Aspiriant Trust, categorised as Hedged. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Aspiriant Trust
- Category: Hedged
- Assets under management: $1.41B
- Ticker: RMEIX
- SEC CIK: 0001534881
- SEC series ID: S000036290
- Share class ID: C000111027
RMEIX Investment Objective and Strategy
Aspiriant Risk-Managed Equity Allocation Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Aspiriant Trust.
Investment objective
"The Aspiriant Risk-Managed Equity Allocation Fund (the ""Fund"" or ""Equity Allocation Fund"") seeks to achieve long-term capital appreciation while considering federal tax implications of investment decisions."
Principal investment strategy
"Under normal conditions, the Equity Allocation Fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in equity securities. The types of equity securities the Fund will invest in include common stock, preferred stock, and depositary receipts. The Fund also may invest in securities that provide exposure to equity securities (i.e., rights, warrants, and investment company shares). The Fund will hold a broad and diverse group of equity securities of companies in countries with developed and emerging markets. The Fund may invest in companies of any market capitalization. The adviser and sub-advisers generally will consider selling securities when other securities are identified that may result in a better opportunity. For a portion of its investments, the Fund may seek to reduce the volatility of its net asset value relative to the MSCI ACWI Index (the ""MSCI Index""), with respect to global securities, or to the S&P 500 Index (the ""S&P 500"" and with the MSCI Index, the ""Benchmarks""), with respect to domestic securities, by using a global or domestic low volatility strategy that focuses on lower volatility equities through the use of risk models.
The use of risk models refers to the use of a consistent process based on Models and Data (described below) to invest in securities that exhibit below average forecasted risk characteristics in order to achieve market-like returns with less volatility than the relevant Benchmark over a full market cycle. The Fund also pursues low volatility strategies by investing in other investment companies or pooled investment vehicles (such as open-end and closed-end funds, exchange-traded funds, and private funds) that seek to reduce volatility and achieve market-like returns by investing in equity securities believed to exhibit lower volatility than the relevant Benchmark over a full market cycle. The Fund will bear its pro rata portion of such investment companies' or pooled investment vehicles' expenses in addition to its own direct expenses.
In addition, the Fund may use a portion of its assets to seek to reduce volatility relative to the MSCI Index, with respect to global securities, or to the S&P 500 Index, with respect to domestic securities, by using a global or domestic quality strategy that focuses on lower risk and high quality equities. The global quality strategy seeks to provide diversified exposure to high quality global companies, while the domestic quality strategy seeks to provide diversified exposure to high quality U.S. companies. The quality strategy would tilt a portion of the Fund's portfolio toward stocks that have lower volatility, lower earnings variation, lower leverage, and higher earnings yield versus the MSCI Index for the global quality strategy and the S&P 500 for the domestic quality strategy.
The Fund also pursues a quality strategy by investing in other investment companies or pooled investment vehicles (such as open-end and closed-end funds, exchange-traded funds, and private funds) that seek to reduce volatility by investing in equity securities believed to be of high quality. The Fund will bear its pro rata portion of such investment companies' or pooled investment vehicles' expenses in addition to its own direct expenses. For a portion of its investments, the Fund may invest in other investment companies or pooled investment vehicles (such as open-end and closed-end funds, exchange-traded funds, and private funds) that match a Benchmark depending on the Adviser's determination of the relative valuation of those Benchmarks. If the Adviser's forecast of future returns are lower than those projected for either low volatility or quality strategies, the Fund will have a low percentage of its investments in investments that match a Benchmark.
If the Adviser's forecast for future returns are higher than those projected for either low volatility or quality strategies, the Fund will add to those investments that match a Benchmark. Given the complexity of the investments and strategies of the Equity Allocation Fund, certain of the sub-advisers rely heavily on quantitative models (both proprietary models developed by the sub-adviser and those supplied by third parties) and information and data supplied by third parties (""Models and Data""). Models and Data are used to construct sets of transactions and investments by helping to determine the expected returns of securities. In constructing the Fund's investment portfolio, certain sub-advisers consider federal tax implications when making investment decisions with respect to individual securities to seek to provide a tax advantage.
This approach is commonly referred to as a tax-managed approach and aims to limit the effect of federal income tax on investment returns by delaying and minimizing the realization of net capital gains and by maximizing the extent to which any realized net capital gains are long-term in nature. This tax-managed approach may only apply to a portion of the Fund's portfolio."
RMEIX Holdings
Top 10 holdings of Aspiriant Risk-Managed Equity Allocation Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| GMO Quality Fund | 34.47% |
| Schwab Fundamental Emerging Markets Equity ETF | 7.19% |
| Rief Strategic Partners Fund | 6.44% |
| Baillie Gifford Emerging Markets Equities Fund | 5.66% |
| GMO Investments ICAV - GMO Equity Dislocation Investment Fund | 4.32% |
| AQR Large Cap Defensive Style Fund | 3.83% |
| Viking Global Equities LP | 3.41% |
| JPMorgan Prime Money Market Fund | 3.18% |
| iShares MSCI Global Min Vol Factor ETF | 2.84% |
| iShares MSCI ACWI ETF | 2.39% |
RMEIX Portfolio Allocation
Asset-class allocation of Aspiriant Risk-Managed Equity Allocation Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Other | 70.6% |
| Equity | 26.0% |
| Cash & Equivalents | 6.3% |
RMEIX Performance
Total returns for RMEIX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 6.8% |
| 1 year | 16.2% |
| 3 years (annualised) | 15.1% |
| 5 years (annualised) | 8.7% |
RMEIX Risk Information
Risk metrics for RMEIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 10.4%
RMEIX Costs and Fees
RMEIX costs about $149 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.49%
- Gross expense ratio: 1.62%
- Portfolio turnover: 19%
- Brokerage commissions: 1.10 bps of average net assets (SEC N-CEN)
RMEIX Cashflows
Over the 12 months to 2026-06, Aspiriant Risk-Managed Equity Allocation Fund had net outflows of $6.51M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $719.49K |
| 2026-05 | $5.22M |
| 2026-04 | −$12.02M |
| 2026-03 | −$2.31M |
| 2026-02 | −$334.00K |
| 2026-01 | $34.33M |
RMEIX Debt Constituents
Largest debt holdings of Aspiriant Risk-Managed Equity Allocation Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Mizuho Bank Limited London | 0.01% |
| Landesbank Baden-Wurttemberg Ldn | 0.01% |
| Bred Banque Populaire | 0.01% |
| Australia New Zealand London | 0.01% |
RMEIX Prospectus and SEC Filings
Official Aspiriant Risk-Managed Equity Allocation Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-07-29
- Prospectus (485BPOS) — filed 2024-07-29
- Prospectus (485BPOS) — filed 2023-07-28
- Portfolio holdings (N-PORT) — filed 2026-08-25
- Portfolio holdings (N-PORT) — filed 2026-05-27
- Portfolio holdings (N-PORT) — filed 2026-02-27
- Annual census (N-CEN) — filed 2026-06-11
- Annual census (N-CEN) — filed 2025-06-11
Related Funds
Other Hedged funds tracked on ABC INVEST:
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.