Fund Research for AdvisorOne Descartes N (CLDEX)

  • Fund Overview

    Fund Inception Date: Apr 20, 2006
    Category: Large Blend
    Overall Risk: Above Average
    Fund Family: AdvisorOne Funds
    Return Since Inception: -3.31%
    YTD Return: 36.61%
    Yield (TTM): 0.68%
    Net Assets: 120.9 M
    Morningstar Rating:
    3 of 5

    The investment seeks long-term growth of capital without regard to current income. The fund invests in underlying funds that seek capital growth or appreciation by investing in common stock or securities convertible into or exchangeable for common stock including the stock of foreign issuers, or individual securities that may provide capital growth or appreciation. It may invest up to 20% of assets in underlying funds or other fixed income securities such as government bonds, government agency bonds, and corporate bonds.

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    Size
    Average Market Cap $21,584 M
    Market Capitalization Portfolio
    Giant 46.97%
    Large 28.49%
    Medium 19.16%
    Small 4.22%
    Micro 1.16%
    Morningstar Rating as of 10/31/2009
    YTD Returns as of 11/25/2009    		 Style Box Detail calculations do not include the fund's short positions (if any)

  • Fund Performance

    10 year Growth Chart
    Growth of $10,000 from 04/30/2006 to 10/31/2009
    Mouseover the chart to see values for each month.

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    Total Annualized Returns

    YTD 1 year 3 year 5 year 10 year Since Inception
    Fund 36.61% 48.46% -3.59% — — -3.31%
    +/- Category 9.75% 12.88% 1.88% — — —
    +/- S&P 500 TR 11.47% 15.31% 1.91% — -0.95% —

    Standardized Annual Returns

    YTD 1 year 3 year 5 year 10 year Since Inception
    Month (as of 10/31/2009) 27.23% 21.82% -5.26% — — -3.31%
    Quarter (as of 09/30/2009) 29.95% -0.40% -3.59% — — -2.80%
    Fund and Category YTD, 1yr, 3yr and 5yr Returns as of 11/25/2009
    Index YTD,1yr, 3ys and 5yr Returns as of 11/25/2009 10 yr and Since Inception Returns as of 10/31/2009
    Inception Date: 04/20/2006
    Ratings are based on risk-adjusted performance.
    View Total Returns

  • Fund Portfolio Profile

    Sector Breakdown

    Stocks
    Information 26.71%
    Service 32.72%
    Manufacturing 33.03%

    Asset Allocation

    Short Long Net Assets
    Cash 2.63% 2.70% 0.07%
    Stocks 0.00% 93.01% 93.01%
    Bonds 0.00% 2.24% 2.24%
    Other 0.00% 1.26% 1.26%
    Foreign Stocks
    (as a % of assets)    		 0.00% 35.20% 35.20%
    Data as of 07/31/2009 Data as of 07/31/2009 View Fund Portfolio

    Top 10 Holdings

    Sector P/E Return as of 10/31/2009 Net Assets
    = iShares Russell 1000 Growth Index — — — 6.89%
    = iShares S&P Global Technology — — — 5.82%
    = iShares FTSE/Xinhua China 25 Index — — — 5.72%
    = iShares MSCI Emerging Markets Index — — — 5.18%
    = iShares S&P Latin America 40 Index — — — 4.47%
    = iShares Russell Midcap Growth Index — — — 4.35%
    = iShares S&P Global Energy — — — 4.20%
    = SPDR S&P Emerging Asia Pacific — — — 3.37%
    = iShares MSCI Hong Kong Index — — — 3.32%
    = Vanguard Mega Cap 300 Gr Index ETF — — — 3.15%
    + Increase - Decrease = No change * New since last portfolio
    Top 10 holdings account for the fund's short positions (if any). Net short positions appear shaded.
    P/E as of 11/26/2009
    All other data as of 07/31/2009
    View Fund Portfolio

  • Sales Information

    Sales Charge %

    Initial —
    Deferred —
    Taken from prospectus dated 09/01/2009
    Expense Ratio (based on net assets) 1.15%
    Taken from annual report dated 04/30/2009

  • Fund Management

    Scott Kubie
    Start Date: 07/11/2007
    Kubie is a portfolio manager with CLS Investment Firm, LLC, his employer since 2001. Prior to that, he worked as a consultant for an Equity Manager and Internet Investment Software firm. Kubie holds the Charted Financial Analyst designation.
    Robert Jergovic
    Start Date: 09/01/2009
    Jergovic is a portfolio manager with CLS Investment Firm, LLC, his employer since 2000. Prior to that, he served as a registered representative for PFG Distribution Company (1998-1999) and vice president of Investment Management and assistant treasurer for Guarantee Life Insurance Company (1994-2000). Jergovic holds the Chartered Financial Analyst designation.
    Dennis Guenther
    Start Date: 09/01/2009
    Guenther has worked for CLS Investment firm since 1997 as a database/interface manager and began serving as a portfolio manager in 2002. Guenther holds the Charted Financial Analyst designation.
    Jennifer J. Schenkelberg
    Start Date: 09/01/2008
    Schenkelberg has been a portfolio manager of the AdvisorOne Funds since January of 2008. She joined in CLS in 2004. Prior to joining CLS Investment Firm, LLC, Schenkelberg served as a senior financial analyst for First National Bank of Omaha Wealth Management Group (1998-2004) and management trainee for First National Bank of Omaha (1997-1998) Schenkelberg holds the Charted Financial Analyst designation.
    Stephen A. Donahoe
    Start Date: 12/31/2008
    Mr Donahoe has been a portfolio manager of CLS since March of 2008. Mr. Donahoe currently serves as Senior Portfolio Manager of CLS and has worked for CLS since 2008. Prior to joining CLS, Mr. Donahoe served as a portfolio manager for Wells Fargo Bank Private Asset Management (2001-2008).