Mr. Miller was listed as one of the "20 Rising Stars of Mutual Funds" in Institutional Investor's January 2008 issue.
New York, NY (PRWEB) May 24, 2010
On Tuesday, May 25th from 6:30-7:00pm EST Jeffrey Miller, portfolio manager of the American Independence Stock Fund, will be interviewed on PBS’s Nightly Business Report. Since Mr. Miller assumed management of the Stock Fund in 2007, the American Independence Stock Fund has become a leader amongst its Large-Cap Value style peers. The Investment Team, which includes Ariel Fromer and Tammy Dalton, has guided the Fund to a Morningstar 5-Star rating, was named a "Category King" for Large Cap Value Funds by the Wall Street Journal for 5 straight months in 2008, and is number one in it’s Lipper category on a 10 year basis out of 198 Large-Cap Value Funds, number 2 of 424 funds on a 5 year basis, number 3 of 487 funds on a 3 year basis, and 78 out of 539 funds on a 1 year basis as of April 30, 2010. Lipper rankings are based on total return and do not reflect a sales charge.
Prior to joining American Independence, Mr. Miller was co-Founder and co-Chief Investment Officer of Miller & Jacobs Capital, LLC, which managed a Private Investment Fund and other accounts utilizing a value approach for nearly 12 years. Private Funds managed by Mr. Miller were ranked in the Top 5 by Barclays on multiple occasions. Previously, Mr. Miller was Vice President of Equity Research at Keefe, Bruyette & Woods, Inc. where he was instrumental in developing valuation models for KBW’s recommended list, and was also a key proponent of focusing on capital management for banks and thrifts as a primary driver of shareholder value creation. Mr. Miller earned his Masters of Business Administration with Distinction from Cornell University in 1994. He also earned a Bachelor of Arts degree in History with Distinction from Cornell. Mr. Miller was listed as one of the “20 Rising Stars of Mutual Funds” in Institutional Investor’s January 2008 issue.
About American Independence Financial Services, LLC
American Independence Financial Services, LLC (“AIFS”) is the investment adviser and administrator for the American Independence Funds and the NestEgg Target Date Funds featuring the 5 Star Morningstar rated Stock Fund. The American Independence Fund family is currently comprised of 15 funds. AIFS also has a strong SMA business featuring the Active Treasury Management (ATM) and ATM/Bull Bear strategies. Assets under management are approximately $1 billion.
American Independence Financial Services, LLC
Eric M. Rubin
The American Independence Stock Fund I Class received a 5-star rating for overall performance, 5 stars for 3-year performance among 1,127 Large Value funds, 5 stars for 5-year performance among 948 funds, and 5 stars for 10-year performance among 478 funds. For each fund with at least a 3-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and is rated separately, which may cause slight variations in the distribution percentages.) The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its 3-, 5- and 10-year (if applicable) Morningstar Rating metrics.
Past performance does not guarantee future results.
Investing in the Funds involves risk. Equity securities are more volatile and carry more risk
than other forms of investments. The Funds may invest in small and mid cap securities which are more volatile than large cap stocks.
For more complete information on the American Independence and NestEgg Funds, you can obtain a prospectus containing complete information for the funds by calling 866-410-2006, or by visiting http://www.aifunds.com. You should read and 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.
American Independence Financial Services, LLC is a limited liability company
Shares of the American Independence and NestEgg Target Date Funds are distributed by Foreside Distribution Services, LP, which is not affiliated with American Independence Financial Services, LLC.
NOT FDIC INSURED - MAY LOSE VALUE - NO BANK GUARANTEE