Adviser to the American Independence Funds Joins Quantitative Investment Firm Manifold Partners

The newly named "Manifold Fund Advisors" (formerly, RiskX Investments, LLC) will continue to advise the American Independence Funds, which offer exposure to prominent managers of equity, fixed income, and international sub-advised portfolios.

For more information, please click here to read the press release.

Questions? Read our Q&A here.

"Joining forces with Manifold Partners creates a unique way to achieve direct and meaningful access to the benefits of artificial intelligence and machine learning,"
-- John J. Pileggi, President of Manifold Fund Advisors

Insight

Winners and Losers: Post-Election Market Environment

Global markets wasted little time reacting to the surprising results of the U.S. Presidential Election. As it became increasingly clear that Republican Donald Trump was the winner, U.S. index futures sold off sharply late Tuesday night and into Wednesday morning.

What role can TIPS play in a client’s portfolio?

For investors of all ages, a fixed-income allocation can be an important part of a diversified portfolio—this is especially true for those nearing retirement. However, as inflation increases, rising consumer prices can seriously erode purchasing power as well as the value of portfolios, putting investors at serious risk of not meeting their long-term goals.

American Independence Funds offer access to prominent managers through sub-advised equity, fixed income, and international portfolios. The unique lineup managed by industry specialists in influential disciplines — including macroeconomics, behavioral finance, and ETF-based allocation — brings a diverse selection of investment solutions to advisors and institutions.

Institutional Share"A" Share"C" Share
RMAIXAARMXACRMX

Objective: To provide long-term capital appreciation while providing lower than average risk.

Description: Unconstrained multi-asset ETF portfolio engaging global market trends built on long-term strategies.

Institutional Share"A" Share"C" Share
HLCIXHLCAXHLCCX

Objective: The primary objective is long-term capital appreciation.

Description: Based on Hillcrest’s expertise in Behavioral Finance, a combination of quantitative factor modeling and fundamental analysis seeks to capture opportunities primarily in small cap equity securities priced below fair value.

Institutional Share"A" Share"C" SharePremier
FFIHXFNIHXFCIHXAIIPX

Objective: To provide investors with a high level of total return in excess of inflation as may be consistent with the preservation of capital.

Description: Proprietary macro-fundamental strategy to incorporate opportunities identified in the TIPS marketplace.

Institutional Share"A" Share
IIISXIBFSX

Objective: To provide investors with a competitive total return.

Description: Conservative, core portfolio of investment-grade, high-yield bonds and international fixed income securities.

Institutional Share"A" Share
IMSSXIIESX

Objective: To provide investors with long-term capital appreciation.

Description: Market adaptive, factor-based investing with significant allocation in foreign securities.

Institutional Share"A" Share"C" Share
LGNIXLGNAXLGNCX

Objective: The primary objective is long-term capital appreciation.

Description: An open-end mutual fund, offering a disciplined, actively-managed portfolio with a dynamic process that adapts to market changes.

Institutional Share"A" Share"C" Share
SEKSXIKSTXIKTEX

Objective: To preserve capital while producing current income for the investor that is exempt from both federal and Kansas state income taxes.

Description: Investment-grade, primarily municipal, intermediate duration Kansas bonds not subject to AMT.

Manifold Fund Advisors, LLC

(844) 747-5292

1345 Avenue of the Americas, 2nd Floor,
New York, NY 10105

Information found on this site is directed to U.S. Investors. 

Important Disclosures

All investments involve risk including the loss of principal. Investing in a single-sector mutual fund involves greater risk and potential reward than investing in a more diversified fund. By concentrating on a small number of holdings, the fund carries greater risk because each investment has a greater effect on the fund’s overall performance. The return of principal in bond funds is not guaranteed. Bond funds have the same interest rate, inflation, and credit risks that are associated with the underlying bonds owned by the fund. Generally, the value of a bond fund rises when interest rates fall and falls when interest rates rise.

General ETF Risk. The cost to a shareholder of investing in the Fund may be higher than the cost of investing directly in ETF shares and may be higher than other mutual funds that invest directly in equities. You will indirectly bear fees and expenses charged by the ETFs in addition to the Fund’s direct fees and expenses.

Foreign Securities Risk. International investing involves risks, including risks related to foreign currency, limited liquidity, less government regulation and the possibility of substantial volatility due to adverse political, economic or other developments. These risks often are heightened for investments in emerging/developing markets or smaller capital markets.

Quantitative Investment Strategies Risk. Manifold Partners may rely on quantitative models (both proprietary models developed by Manifold Partners and those supplied by third parties) and information and data supplied by third parties (“Models and Data”) in managing the Fund. Models and Data are used to assist in determining investments and to provide risk management insights.

Models and Data may prove to be incorrect or incomplete. In such cases, any decisions made in reliance thereon can expose the Fund to potential risks. Some of the models used by Manifold Partners are predictive in nature. Predictive models generally depend on the assumption that the future performance of a specific investment can be predicted based on the correlation of the past performance of the investment with the past performance of other investments or economic or financial data. The use of predictive models presents inherent risks. Because predictive models are usually constructed based on historical data supplied by third parties, the success of relying on such models may depend heavily on the accuracy and reliability of the supplied historical data. Additionally, market dynamics change over time and correlations that existed in the past may diminish or end. A model may fail to provide correct predictions, and a model that has been successful in the past may be less successful or ineffective in the future. Most statistical formulae cannot fully match the complexity of the financial markets and a model may be flawed or may not work as anticipated. During unforeseen or low probability scenarios, models may produce unexpected results, which may result in losses for the Fund.

Equity Securities Risk. In general, prices of equity securities are more volatile than those of fixed income securities. The prices of equity securities fluctuate, and sometimes widely fluctuate, in response to activities specific to the issuer of the security as well as factors unrelated to the fundamental condition of the issuer, including general market, economic and political conditions.

For a complete list of fund risks, please see the prospectuses.

For more complete information on the American Independence Funds and AI Funds, you can obtain a prospectus containing complete information for the Funds by calling 866.410.2006 or by downloading them from this web site. You should consider the Fund’s investment objectives, risks, charges and expenses carefully before you invest or send money. Information about these and other important subjects is in the Funds’ prospectus. The prospectus and, if available, the summary prospectus, should be read carefully before investing.

Shares of the American Independence Funds and AI Funds are distributed by Matrix 360 Distributors, LLC, which is not affiliated with Manifold Fund Advisors, LLC or Manifold Partners, LLC.

NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE.

Manifold Fund Advisors, LLC is a limited liability company.