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
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,
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."
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
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.
TheStreet.com Ratings, recently cited for Best Stock Selection from October 2007 through February 2009 , is an independent research provider that combines fundamental and technical analysis to offer investors tremendous value in volatile times. To see how your portfolio can use this research,
Richard Widows is a senior financial analyst for TheStreet.com Ratings. Prior to joining TheStreet.com, Widows was senior product manager for quantitative analytics at Thomson Financial. After receiving an M.B.A. from Santa Clara University in California, his career included development of investment information systems at data firms, including the Lipper division of Reuters. His international experience includes assignments in the U.K. and East Asia.