Performance
Trailing returns
| 1 day |
| -0.37% | |||
| 1 week | +0.00% | ||||
| 4 week | +2.49% |
| |||
| 3 month | +3.38% |
| |||
| YTD | +5.42% |
| |||
| 1 year | +9.48% |
| |||
| 3 years* | - | ||||
| 5 years* | - | ||||
| *annualised | |||||
| Best 3-month return | +3.77% | |
| Worst 3-month return | -4.11% |
Morningstar statistics
Morningstar category: Multialternative
Morningstar style Learn more
| Large | |||
| Mid | |||
| Small | |||
| Value | Blend | Growth |
Key statistics
| Total assets | 3.22M | |
| Front load | 5.50% | |
| Deferred load | - | |
| Expense ratio | 3.00% | |
| Management fee | - | |
| Fund family | Redmont |
Asset allocation
| Cash | -34.72% | |
| Stocks | 39.19% | |
| Bonds | 79.16% | |
| Preferred | 0.12% | |
| Convertible | 3.06% | |
| Other | 13.18% |
Purchase information
| Initial | $2,500 | |
| IRA Initial | $2,500 |
10.63-0.07(-0.65%)
May 23, 4:00pm GMT-4
Description
The investment seeks long-term total return with reduced volatility and reduced correlation to the conventional stock and bond markets. The fund pursues its objective primarily by allocating its assets among (i) investment sub-advisers (the "Sub-Advisers") who manage alternative or hedging investment strategies, and (ii) other open-end investment companies registered under the Investment Company Act of 1940, as amended (the "1940 Act") that use alternative or hedging strategies. It may also invest in closed-end funds, exchange traded funds and exchange-traded notes, which provide exposure to hedging or alternative strategies.
Fund filings (PDF) »
Fund filings (PDF) »
Asset managers:
Christopher Baggini (Started: Apr 1, 2013)
Eric Connerly (Started: Apr 1, 2013)
R. Graham (Started: Dec 30, 2011)
Joseph Feeney, Jr. (Started: Apr 1, 2013)
Michael Lytle (Started: Dec 30, 2011)
Christopher Baggini (Started: Apr 1, 2013)
Eric Connerly (Started: Apr 1, 2013)
R. Graham (Started: Dec 30, 2011)
Joseph Feeney, Jr. (Started: Apr 1, 2013)
Michael Lytle (Started: Dec 30, 2011)
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | -2.80 | - | - | - | |
| Beta* | 0.47 | - | - | - | |
| Mean annual return | 0.40 | - | - | - | |
| R-squared* | 80.44 | - | - | - | |
| Standard deviation | 5.35 | - | - | - | |
| Sharpe ratio | 0.89 | - | - | - | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| AQR Risk Parity I | 12.20% | |
| AQR Multi-Strategy Alternative I | 12.18% | |
| PIMCO Global Multi-Asset Instl | 11.72% | |
| BlackRock Global Allocation Instl | 8.79% | |
| FPA Crescent | 8.73% | |
| Turner Spectrum Instl | 8.54% | |
| Robeco Boston Partners L/S Rsrch Instl | 8.52% | |
| MainStay Marketfield I | 8.52% | |
| Diamond Hill Long-Short Y | 8.42% | |
| Natixis ASG Managed Futures Strategy A | 4.91% |