Aspiriant Defensive Allocation Fund · NASDAQ:RMDFX
Aspiriant Defensive Allocation Fund — Aspiriant — Fact Sheet (December 2023)
44 slides from Aspiriant Defensive Allocation Fund's fact sheet, Dec 31, 2023
Slide 1: Aspiriant Mutual Funds Fact Sheets
Aspiriant Mutual Funds Fact Sheets aspiriant │ │ 1
Slide 2: Aspiriant Risk-Managed Taxable Bond Fund (RMTBX)
Aspiriant Risk-Managed Taxable Bond Fund (RMTBX) Fact Sheets aspiriant │ │ 2
Slide 3: RMTBX Summary: Investment Objective & Fund Description
RMTBX Summary Investment Objective & Fund Description Investment Objective The Aspiriant Risk-Managed Taxable Bond Fund (“RMTBX” or the “Fund”) seeks to maximize long-term total returns. Description The Fund is a “fund of funds” that primarily invests in underlying funds (the “Underlying Funds
Slide 4: RMTBX – Performance & Commentary
RMTBX – Performance & Commentary Meaningful outperformance over various periods of time. Performance Performance QTD 1-YR 3-YR 5-YR Incept. RMTBX 6.46% 7.76% -1.82% 1.67% 1.57% Over most periods displayed on the chart, the Fund has Bloomberg US Agg Bond 6.82% 5.53% -3.31% 1.10% 1.22% outperf
Slide 5: RMTBX – Performance & Capture Ratio
RMTBX – Performance & Capture Ratio Meaningful outperformance and attractive upside/downside capture ratio. RMTBX Since Inception Performance Actual Return vs. Historical Performance Trend1 The Fund has outperformed its passive Benchmark. The value of $1 million invested on April 1, 2018: 160
Slide 6: RMTBX – Historical Allocations & Current Allocations
RMTBX – Historical Allocations & Current Allocations The Fund is well-diversified with access to skill-based managers. Historical Allocations Historical Allocations 100% Well-diversified1 portfolio with strategic allocations to high yield, emerging debt and direct lending. 75% On a combine
Slide 7: RMTBX – Sector Exposures & Credit Quality
RMTBX – Sector Exposures & Credit Quality1 Positioning relative to the Fund’s passive Benchmark (percentage difference). Sector RMTBX vs. Benchmark Underweight Overweight Sector RMTBX Benchmark 15.20 Cash & Equivalents 15.20 0.00 9.10 Other 9.10 0.00 1.65 Securitized 30.48 28.83 -11.41 Gover
Slide 8: RMTBX vs Peer Group – Rolling Returns & Fund Expenses
RMTBX vs Peer Group – Rolling Returns & Fund Expenses Mid- to higher-quartile returns with competitive direct costs. 10.0% Relative to Peer Group Annualized Performance 8.0% RMTBX outperformed the Benchmark and the vast majority of its peer group1 over the previous year. 6.0% Over the previo
Slide 9: RMTBX vs Peer Group – Rolling Performance
RMTBX vs Peer Group – Rolling Performance Higher quartile returns with lower risk. 6.0% 3-YR Rolling Return 3-Year Rolling Return 4.0% Over more recent 3-year rolling periods, RMTBX has 2.0% outperformed the Benchmark and its peer group1 median. 0.0% -2.0% -4.0% -6.0% -8.0% 3/2022 6/2022 9/202
Slide 10: RMTBX – Annualized Return vs Risk
RMTBX – Annualized Return vs Risk More return and less risk than its Benchmark and peer group median. 7.0% 5-YR Return vs Risk – 5-Year Annualized 5.0% RMTBX generated more return and exhibited less risk than its Benchmark and peer group1 median. 3.0% Return 1.0% -1.0% -3.0% -5.0% 2.0% 4.0
Slide 11: RMTBX – Historical Monthly Performance
RMTBX – Historical Monthly Performance Fixed income has rebounded recently amid falling yields and softening inflation. Monthly Investment Returns As of December 31, 2023 Fund Benchmark Annual Annual Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Return Return 2023 3.23 -1.97 1.66 0.71 -0.7
Slide 12: Aspiriant Risk-Managed Taxable Bond (RMTBX) Additional Footnotes
Aspiriant Risk-Managed Taxable Bond (RMTBX) Additional Footnotes Please consider the Fund’s investment objectives, risks, charges and expenses carefully before investing. The prospectus that contains this and other information about the Fund is available by calling 1.877.997.9971 and should
Slide 13: Aspiriant Risk-Managed Municipal Bond Fund (RMMBX)
Aspiriant Risk-Managed Municipal Bond Fund (RMMBX) Fact Sheets aspiriant │ │ 13
Slide 14: RMMBX Summary: Investment Objective & Fund Description
RMMBX Summary Investment Objective & Fund Description Investment Objective The Aspiriant Risk-Managed Municipal Bond Fund (“RMMBX” or the “Fund”) seeks total return on investment through income exempt from regular federal income taxes and through capital appreciation. Description The
Slide 15: RMMBX – Performance & Commentary
RMMBX – Performance & Commentary Meaningful outperformance over various periods of time. Performance Performance QTD 1-YR 3-YR 5-YR 10-YR Incept. Over most periods displayed on the chart, the Fund RMMBX 6.49% 6.15% 0.13% 2.55% 3.62% 4.16% has outperformed its passive Benchmark. Bloomberg Mun
Slide 16: RMMBX – Performance & Capture Ratio
RMMBX – Performance & Capture Ratio Meaningful outperformance and attractive upside/downside capture ratio. RMMBX Since Inception Performance Actual Return vs. Historical Performance Trend1 320 The Fund has outperformed its passive Benchmark. The value of $1 million invested on Aug 1, 2008
Slide 17: RMMBX – Historical Allocations & Current Allocations
RMMBX – Historical Allocations & Current Allocations The Fund is well-diversified with access to skill-based managers. Historical Allocations Historical Allocations 100% Well-diversified portfolio with strategic allocations to municipal high yield bonds. 80% On a combined basis, we expect
Slide 18: RMMBX – State Exposures & Credit Quality
RMMBX – State Exposures & Credit Quality1 Positioning relative to the fund’s passive Benchmark (percentage difference). States RMMBX vs. Benchmark Underweight Overweight State RMMBX Benchmark 8.59 Illinois 13.10 4.51 3.34 Florida 7.32 3.98 1.99 Colorado 3.92 2.32 0.45 Georgia 2.88 2.43 0.26
Slide 19: RMMBX vs Peer Group – Rolling Returns & Fund Expenses
RMMBX vs Peer Group – Rolling Returns & Fund Expenses Higher quartile returns and bottom quartile costs relative to peer group. 8.0% Relative to Peer Group Annualized Performance 7.0% Over the past year, RMMBX has produced second quartile 6.0% returns with comparable return to the Benchmark 5.
Slide 20: RMMBX vs Peer Group – Rolling Performance
RMMBX vs Peer Group – Rolling Performance Upper quartile returns with moderate to lower risk. 7.0% 3-YR Rolling Return 3-Year Rolling Return RMMBX has generated upper quartile rolling returns 5.0% compared to its peer group.1 3.0% 1.0% -1.0% -3.0% 12/2016 12/2017 12/2018 12/2019 12/2020 12/202
Slide 21: RMMBX – Annualized Return vs Risk
RMMBX – Annualized Return vs Risk Improving return and risk to its Benchmark and peer group median. 6.0% 5-YR Return vs Risk – 5-Year Annualized RMMBX generated more return and exhibited less risk than 4.0% its Benchmark. RMMBX has generate more return with comparable risk Return 2.0% co
Slide 22: RMMBX – Historical Monthly Performance
RMMBX – Historical Monthly Performance Fixed income has rebounded recently amid falling yields and softening inflation. Monthly Investment Returns As of December 31, 2023 Fund Benchmark Annual Annual Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Return Return 2023 2.50 -1.49 1.46 0.21 -0.6
Slide 23: Aspiriant Risk-Managed Municipal Bond (RMMBX) Additional Footnotes
Aspiriant Risk-Managed Municipal Bond (RMMBX) Additional Footnotes Please consider the Fund’s investment objectives, risks, charges and expenses carefully before investing. The prospectus that contains this and other information about the Fund is available by calling 1.877.997.9971 and shoul
Slide 24: Aspiriant Defensive Allocation Fund (RMDFX)
Aspiriant Defensive Allocation Fund (RMDFX) Fact Sheets aspiriant │ │ 24
Slide 25: RMDFX Summary: Investment Objective & Fund Description
RMDFX Summary Investment Objective & Fund Description Investment Objective The Aspiriant Defensive Allocation Fund (“RMDFX” or the “Fund”) seeks to achieve long-term investment returns with lower risk and lower volatility than the stock market, and with relatively low correlation to stoc
Slide 26: RMDFX – Performance & Commentary
RMDFX – Performance & Commentary Competitive returns compared to diversified hedge fund strategies. Performance Performance QTD 1-YR 3-YR 5-YR Incept. RMDFX 3.70% 7.99% 1.59% 4.20% 3.29% Since inception, the Fund has captured ~91% of the HFRI FOF 3.41% 6.35% 2.25% 5.14% 3.60% return of HFRI
Slide 27: RMDFX – Performance & Capture Ratio
RMDFX – Performance & Capture Ratio Comparable performance and upside/downside capture ratio. RMDFX Since Inception Performance Actual Return vs. Historical Performance Trend1 The Fund has closely tracked its Benchmark. The value of $1 million invested on December 14, 2015: 160 − RMDFX: $1
Slide 28: RMDFX – Historical Allocations & Portfolio Positioning
RMDFX – Historical Allocations & Portfolio Positioning The Fund is well-diversified with access to skill-based managers. Historical Allocations Historical Allocations 100% The Fund currently employs two diversifying strategies: 80% core and alternative. 60% Combined, we expect the two stra
Slide 29: RMDFX vs Peer Group – Rolling Returns & Fund Expenses
RMDFX vs Peer Group – Rolling Returns & Fund Expenses Mid-quartile returns and low direct costs. 16.0% Relative to Peer Group Annualized Performance Over rolling periods, RMDFX has generated competitive 12.0% returns compared to its Benchmark and peer group.1 8.0% 4.0% 0.0% -4.0% 1 Year 5 Year
Slide 30: RMDFX vs Peer Group – Rolling Performance
RMDFX vs Peer Group – Rolling Performance Mid-quartile returns and risk compared to its peer group. 3-YR Rolling Return 3-Year Rolling Return 24.0% Over rolling periods, RMDFX has generated mid-quartile 16.0% returns compared to its peer group.1 8.0% 0.0% -8.0% -16.0% 6/2021 12/2021 6/2022 12/
Slide 31: RMDFX – Annualized Return vs Risk
RMDFX – Annualized Return vs Risk Similar return and risk to its Benchmark and peer group median. 5-YR 14.0% Return vs Risk – 5-Year Annualized RMDFX generated similar return and exhibited similar risk 10.0% compared to its Benchmark. 6.0% RMDFX generated similar return with slightly hig
Slide 32: RMDFX – Historical Monthly Performance
RMDFX – Historical Monthly Performance Attractive risk-adjusted return since inception. Monthly Investment Returns As of December 31, 2023 Fund Benchmark Annual Annual Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Return Return 2023 2.22 -0.89 0.50 0.89 -1.57 1.90 1.67 -0.58 0.00 -0.39 1.9
Slide 33: Aspiriant Defensive Allocation (RMDFX) Additional Footnotes
Aspiriant Defensive Allocation (RMDFX) Additional Footnotes Please consider the Fund’s investment objectives, risks, charges and expenses carefully before investing. The prospectus that contains this and other information about the Fund is available by calling 1.877.997.9971 and should be re
Slide 34: Aspiriant Risk-Managed Equity Allocation (RMEAX)
Aspiriant Risk-Managed Equity Allocation (RMEAX) Fact Sheets aspiriant │ │ 34
Slide 35: RMEAX Summary: Investment Objective & Fund Description
RMEAX Summary Investment Objective & Fund Description Investment Objective The Aspiriant Risk-Managed Equity Allocation Fund (“RMEAX” or the “Fund”) seeks to achieve long-term capital appreciation while considering federal tax implications of investment decisions. Description The Fund in
Slide 36: RMEAX – Annualized & Cumulative Performance
RMEAX – Annualized & Cumulative Performance Generated reasonable returns and curtailed downside during market selloffs. Performance Performance QTD 1-YR 3-YR 5-YR 10-YR Incept. RMEAX has generated meaningful absolute returns RMEAX 7.58% 16.17% 4.81% 6.94% 5.70% 6.24% while exhibiting defensi
Slide 37: RMEAX – Performance & Capture Ratio
RMEAX – Performance & Capture Ratio Greater consistency can help investors remain more comfortably invested. RMEAX Since Inception Performance Actual Return vs. Historical Performance Trend1 480 RMEAX has generated meaningful absolute returns while exhibiting defensiveness during selloffs.
Slide 38: RMEAX – Historical Allocations & Portfolio Positioning
RMEAX – Historical Allocations & Portfolio Positioning The Fund is well-diversified with access to skill-based managers. Historical Allocations Historical Allocations 100% The Fund currently employs three risk-managed strategies: minimum volatility, quality and long/short. 80% Combined, we
Slide 39: RMEAX – Regional and Style Exposures
RMEAX – Regional and Style Exposures Positioning relative to the Fund’s passive Benchmark (percentage difference). Region RMEAX vs. ACWI Underweight Overweight Region RMEAX Benchmark 5.61 Asia Emerging 10.71 5.10 3.35 Asia Developed 7.27 3.92 2.05 Latin America 3.14 1.09 0.34 Africa/Middle E
Slide 40: RMEAX vs Peer Group – Rolling Returns & Fund Expenses
RMEAX vs Peer Group – Rolling Returns & Fund Expenses Mid-quartile returns recently and low direct costs. 30.0% Relative to Peer Group Annualized Return 25.0% Throughout its history, the fund had generated returns within the range of its peer group.1 20.0% Return 15.0% 10.0% 5.0% 0.0% 1 Year 5
Slide 41: RMEAX vs Peer Group – Rolling Performance
RMEAX vs Peer Group – Rolling Performance Rolling returns within its peer group range, while exhibiting lower risk. 25.0% 3-YR Rolling Return 3-Year Rolling Return 20.0% The Fund largely remains in the third and bottom quartiles of rolling investment returns compared to its peer group.1 15.0%
Slide 42: RMEAX – Annualized Return vs Risk
RMEAX – Annualized Return vs Risk Similar return with less risk than its peer group median. 5-YR Return vs Risk – 5-Year Annualized 18.0% RMEAX’s return has been comparable to its peer group1 median while it has exhibited significantly less risk. 13.0% Return 8.0% 3.0% -2.0% 12.0% 14.0% 16
Slide 43: RMEAX – Historical Monthly Performance
RMEAX – Historical Monthly Performance Attractive risk-adjusted return since inception. Monthly Investment Returns As of December 31, 2023 Fund ACWI ACWI Min Annual Annual Vol Annual Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Return Return Return 2023 4.33 -2.99 3.23 2.04 -0.86 3.96 2.4
Slide 44: Aspiriant Risk-Managed Equity Allocation (RMEAX) Additional Footnotes
Aspiriant Risk-Managed Equity Allocation (RMEAX) Additional Footnotes Please consider the Fund’s investment objectives, risks, charges and expenses carefully before investing. The prospectus that contains this and other information about the Fund is available by calling 1.877.997.9971 and sh