AXS Alternative Growth Fund Class A (EEHAX) is a mutual fund managed by AXS Investments LLC that seeks capital appreciation and returns comparable to the S&P 500 Total Return Index with reduced volatility through a long-short equity strategy combining equity market exposure and downside protection. The fund employs two primary strategies: an Equity Strategy investing primarily in U.S. company equities, including long positions in common stocks and short positions via derivatives; and an Overlay Strategy utilizing S&P 500 index futures contracts, dynamic hedging, and diversified managed futures approaches for risk management. It offers multiple share classes, including Class A (EEHAX), with operations focused on U.S. investors through broker-dealers and financial advisors.
Launched in 2013 and headquartered in Port Chester, New York, AXS Investments LLC—the fund's investment manager founded in 2011—provides a suite of alternative ETFs and mutual funds targeting growth, income, diversification, and unconventional strategies for individual investors, financial advisors, and institutions. The firm sub-advises with institutional managers and emphasizes liquid, transparent products; AXS Alternative Growth Fund (inception share class EEHIX) received a 2020 Lipper Fund Award for best alternative long-short equity fund over five years and a five-star Morningstar rating in its category as of early 2020. No major acquisitions, partnerships, funding rounds, or strategic shifts specific to the fund have been reported in the last 1-2 years, with performance updates showing YTD returns of approximately 24.85% as of late 2025.