American Independence in the News

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Two NestEgg Target Date Funds, TIPS Fund, and Stock Fund in the spotlight.

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“We continue to believe our more conservative investment discipline is the appropriate one over the long haul”, says John Pileggi, Managing Partner of American Independence.

American Independence Financial Services, LLC (American Independence), a New York-based investment advisory firm and manager of fixed income, equity and alternative mutual funds, and separately managed accounts, today announced that several of its products have been newsmakers in recent weeks.

Two of the NestEgg Target Date Funds, the NestEgg and NestEgg 2020 Funds, Institutional Class, were named as “Category Kings” for 2011 by the Wall Street Journal, joining the American Independence U.S. Inflation-Indexed Fund, Institutional Class, as a “Category King”. The Category Kings list the top 10 funds ranked by total return for one-year performance for the period ended December 30, 2011 in various asset classes. The NestEgg Fund ranked 6th out of 145 funds in the Mixed-Asset Target 2010 Funds category; the NestEgg 2020 Fund ranked 10th out of 182 funds in the Mixed-Asset Target 2020 Funds category; and the U.S. Inflation-Indexed Fund ranked 5th out of 232 funds in the Intermediate U.S. Funds category.

The two NestEgg Funds are members of the NestEgg Target Date family, which includes 5 Funds, and are designed to help investors seeking to maximize retirement savings. “We continue to believe our more conservative investment discipline is the appropriate one over the long haul,” says John Pileggi, Managing Partner of American Independence. “And we remain confident that our ‘best of breed’ approach, utilizing both internal managers and sub-advisors to manage the NestEgg funds will add value over time, consistent with the conservative nature of the funds’ glide paths and the intended goal of preserving capital in turbulent markets.”

The American Independence U.S. Inflation-Indexed Fund has garnered assets at a noteworthy pace, nearly tripling its assets under management in the past 12 months, noted Mr. Pileggi. “Advisors are finding the Fund through screens of performance and manager tenure of this category. With investor concerns about rising rates and possible inflation, the U.S. Inflation-Indexed Fund provides an important tool in managing fixed income portfolios,” added Mr. Pileggi.

Jeff Miller, Portfolio Manager of the American Independence Stock Fund, was featured by Fox Business Channel on January 13, 2012, and discussed how his approach to Value investing has resulted in the Fund beating the S&P 500 index for 4 out of the last 5 years of his tenure, and 11 of the last 12 years overall. Several national investment firms have recently added the Stock Fund to their “Select” and “All Star” Lists.”

About American Independence Financial Services, LLC
American Independence is an investment advisory firm registered with the SEC providing professional, actively managed investment advisory services to 16 American Independence funds, including the NestEgg Target Date funds, as well as separately managed accounts, aggregating $1.4 billion in assets under management. The firm is comprised of industry leaders with over 25 years of average industry tenure. To learn more about American Independence, visit or call (646) 747-3477.

Media Contact:
Eric M. Rubin
President, American Independence Financial Services LLC

Important Disclosures
The information in this article should not be construed as a recommendation to buy or sell any security or to participate in any particular trading or investment strategy.

All investments are subject to risk. Investors should consider a fund's investment objectives, risks, charges and expenses carefully before investing.

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. The Funds also invest in fixed income securities, which are subject to interest rate risks where the principal value of a bond falls when interest rates rise and rise when interest rates fall. 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, however, the U.S. Inflation-Indexed Fund is indexed to inflation as measured by the CPI and may act differently. Specific sector investing can be subject to different and greater risks than more diversified investments.

CPI (Consumer Price Index) is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food and medical care. The CPI is calculated by taking price changes for each item in the predetermined basket of goods and averaging them; the goods are weighted according to their importance. Changes in CPI are used to assess price changes associated with the cost of living.

The target date of a Fund is intended for investors who are saving for a particular goal in life, such as retirement, or who need to withdraw a substantial portion of their investment in, or close to, the year in the name of the Fund. The principal value of an investor’s investment in the Fund is not guaranteed at any time, including in the target year designated in the Fund’s name as well as the years following the designated target date. The Fund will pursue its objective by allocating its assets amongst three major asset classes (stocks, bonds, and cash), which will change over time in relation to its target retirement date. The Fund intends to gradually reduce the potential market risk exposure over time by re-allocating the Fund’s assets amongst the major asset classes. Each Fund’s allocation becomes more conservative as the Fund’s target year approaches and after it arrives. A fund with a shorter time horizon allocates more of its assets to fixed income and cash, while a fund with a longer time horizon allocates more of its assets to equity securities.

Past performance is no guide to future performance and the value of investments can fall as well as rise.

Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted. To obtain performance information current to the most recent month-end, please call 866-410-2006, or go to

For more complete information on the American Independence Funds, you can obtain a prospectus containing complete information for the funds by calling 866-410-2006, or by visiting Please read the prospectus carefully before investing. 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.

American Independence Financial Services, LLC is a limited liability company.

Shares of the American Independence Funds are distributed by Matrix Capital Services, Inc., which is not affiliated with American Independence Financial Services, LLC.



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