Occidental, First Solar Picked by Math Fund

TSC Ratings provides exclusive stock, ETF and mutual fund ratings and commentary based on award-winning, proprietary tools. Its "safety first" approach to investing aims to reduce risk while seeking solid outperformance on a total return basis.

Adaptive Allocation Fund(CMFCX Quote) was one of only a few newly rated funds from TheStreet.com Ratings to earn a "buy" rating, as it used mathematical models to pick a pair of companies working on the opposite side of energy production, Occidental Petroleum(OXY Quote) and First Solar(FSLR Quote).

Adaptive Allocation Fund, formerly known as the Critical Math Fund, says its quantitative investment model aspires to "adapt to any given market environment, conserving capital when risk is deemed high and investing aggressively when risk is considered low."

Goldman Sachs(GS Quote) and Fidelity Investments government bond funds accounted for 82% of its holdings at the end of February. Adaptive Allocation Fund had a loss of 21% for the 12 months ended Feb. 28, giving it the second-best performance of newly rated funds.

RiverSource Income Builder Basic Income(RBBAX Quote) stands as the only newly graded fund on the accompanying table with the highest possible "overall" mark of A-plus from TheStreet.com Ratings. RiverSource Income Builder Basic Income's negative return of 18% was the top performance.

Overall grades in the "A" and "B" ranges equate with "buy" recommendations.