Riversource Partners Fundamental Val A (afvax)
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Australia + Pacific Islands
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Riversource Partners Fundamental Val A (AFVAX) Description: AFVAX is a mutual fund, which is an investment that owns a basket of assets. The AFVAX mutual fund was provided by Riversource and this investment vehicle derives the majority of its value from equity holdings (stocks). Riversources mutual fund has a medium management tenure and is in the average fund size classification. AFVAXs minimum initial investment amount is $2000 while the IRA minimum is $1000. AFVAXs expense ratio is roughly 1%. The latest AFVAXs front end load was 6% and the back end load was 0%. The Riversource Partners Fundamental Val A (AFVAX) mutual fund falls under the large-cap mixed category. AFVAX focuses its investments in USA and AFVAX is not affiliated with a particular industry or fund sector. The Riversource Partners Fundamental Val A (AFVAX) mutual fund is not a leveraged fund and it does not have inverse fund properties. An investor can find AFVAXs top holdings, fundamental analysis, ratings, and fund risk (volatility) on the left side of the screen. The right side of AFVAXs research report features technical analysis and long term investment potential.
This investment vehicle seeks long-term capital appreciation. The fund normally invests at least 80% of assets in common stocks (see stock research) and equity securities (see equity research) of large companies that have a market capitalization of greater than $5 billion. The equity securities (see equity research) are primarily common stocks (see stock research), but may also include shares of large-cap stocks (see stock research) of exchange-traded funds, real estate investment trusts, royalty trusts, and master limited partnerships. It generally invests in equity securities (see equity research) of domestic companies, but may also invest in foreign companies and American Depositary Receipts.