RiverSource 120/20 Contrarian Equity A
70100 Ameriprise Financial Center Minneapolis MN 55474
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Phone: 888-791-3380
| Category: | Large Blend | | Fund Family: | RiverSource | | Net Assets: | 29.21M | | Year-to-Date Return: | -39.04% | | Yield: | 0.26% | | Morningstar Rating: | N/A | | Fund Inception Date: | 18-Oct-07 |
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Steve Schroll
Lead Manager since
18-Oct-07 | | | Schroll is a portfolio manager of RiverSource Investments. He joined Riversource Investment since 1998. Prior to that, he was a senior equity analyst with Piper Jaffray from 1988 to 1998 and a equity analyst with First Asset Manager from 1985 to 1988. Before that, Schroll was a equity analyst with Dain Raucher from 1981 to 1985. |
| Min Initial Investment: | $10,000 | | Min Initial Investment, IRA: | $0 | | Min Initial Investment, AIP: | $0 | | Min Subsequent Investment: | $100 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $0 |
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| The investment seeks long-term growth of capital. The fund normally invests 80% of assets in equity securities and may invests up to 25% of assets in foreign investments. It expects to maintain an approximate net 100% long asset exposure to the equity market, targeting 110% to 120% long exposure and 10% to 20% short exposure. The fund's long exposure may range between 80% and 120%, and the fund's short exposure may range between 0% and 20%. It can invest in any economic sector and, at times, it may emphasize one or more particular sectors. |
| Last Dividend
(19-Dec-07):
| 0.03 | | Last Cap Gain
| N/A | | Annual Holdings Turnover
| 23.00% | | Average for Category:
| 71.85% |
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| Expense | RCEAX | Category
Avg | | Total Expense Ratio: | 1.50%
| 1.11% | | Max 12b1 Fee: | 0.25%
| N/A | | Max Front End Sales Load: | 5.75%
| 5.14% | | Max Deferred Sales Load: | 0.00%
| 2.63% | | 3 Yr Expense Projection*: |
$1,123 | $572 | | 5 Yr Expense Projection*: |
$1,552 | $876 | | 10 Yr Expense Projection*: |
$2,745 | $2,504 |
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2.63% Nasdaq 0.00%
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