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ABRUX AmericaFirst Tactical Alpha U

  • Fund
  • ABRUX
  • Price as of: Feb 15, 2019
  • $12.25
  • + $0.07
  • + 0.58%
  • Category
  • Small Cap Blend Equities

ABRUX - Profile

Vitals

  • YTD Return 7.3%
  • 3 Yr Annualized Return 4.6%
  • 5 Yr Annualized Return 2.3%
  • Net Assets $6.91 M
  • Holdings in Top 10 65.7%

52 WEEK LOW AND HIGH

$12.25
$11.08
$13.32

Expenses

OPERATING RELATED FEES

  • Expense Ratio 3.96%

SALES FEES

  • Front Load 2.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 794.40%

TRADING FEES

  • Max Redemption Fee 1.00%

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$1,000

Investment Themes

CATEGORY

Small Cap Blend Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Tactical Allocation

Distributions

  • YTD Total Return 7.3%
  • 3 Yr Annualized Total Return 3.7%
  • 5 Yr Annualized Total Return 1.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.21%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name AmericaFirst Tactical Alpha Fund
  • Fund Family Name AmericaFirst Funds
  • Inception Date Feb 26, 2010
  • Shares Outstanding N/A
  • Share Class Other
  • Currency USD
  • Domiciled Country United States
  • Manager Rick Gonsalves

Fund Description

The fund seeks to achieve its investment objective through long positions in global equity, credit, commodity and interest rate markets. It will invest in securities regardless of market capitalization and regardless of industry sector. With regard to fixed income securities, the fund may invest in fixed income securities regardless of maturity or credit rating. It may also invest in ETFs with inverse market exposure and leveraged ETFs.

ABRUX - Performance

Return Ranking - Trailing

Period ABRUX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 7.3% -72.0% 22.2% 73.55% 4
1 Yr -3.8% -34.4% 34.8% 50.00% 3
3 Yr 4.6% * -8.6% 24.8% 96.50% 5
5 Yr 2.3% * -8.5% 16.0% 94.30% 5
10 Yr N/A * 2.2% 18.9% N/A N/A

* Annualized


Return Ranking - Calendar

Period ABRUX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 -7.8% -67.3% 22.0% 20.00% 2
2017 4.8% -43.8% 116.9% 50.10% 3
2016 6.6% -37.4% 134.4% 74.74% 4
2015 -7.0% -59.6% 40.8% 34.26% 2
2014 4.3% -35.4% 37.0% 30.00% 2

Total Return Ranking - Trailing

Period ABRUX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 7.3% -100.0% 22.2% 73.93% 4
1 Yr -6.2% -34.0% 34.8% 63.32% 4
3 Yr 3.7% * -10.4% 24.8% 97.12% 5
5 Yr 1.8% * -9.6% 16.0% 95.57% 5
10 Yr N/A * 2.2% 18.9% N/A N/A

* Annualized


Total Return Ranking - Calendar

Period ABRUX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 -7.8% -67.3% 23.0% 20.88% 2
2017 4.8% -26.8% 358.4% 51.14% 3
2016 6.6% -36.7% 134.4% 78.20% 4
2015 -7.0% -37.6% 95.3% 72.26% 4
2014 4.3% -12.9% 110.4% 69.02% 4

NAV & Total Return History

ABRUX - Holdings

Filings data as of: Jan 31, 2019

Concentration Analysis

ABRUX Category Low Category High ABRUX % Rank Quintile
Net Assets 6.91 M 1.69 M 87.2 B 39.35% 5
Number of Holdings 32 11 4295 30.65% 5
Net Assets in Top 10 4.54 M 324 K 2.9 B 36.21% 5
Weighting of Top 10 65.7% 2.5% 332.2% 1.53% 1

Top 10 Holdings

  1. Moneta Ventures Fund Ii 2.02%
  2. SPDR® Gold Shares 13.89%
  3. Vanguard Total International Bond ETF 13.63%
  4. Invesco CurrencyShares® Japanese Yen 13.56%
  5. iShares 20+ Year Treasury Bond ETF 13.55%
  6. Synchrony Financial 1.86%
  7. The Trade Desk Inc A 1.82%
  8. Veeva Systems Inc Class A 1.80%
  9. Paycom Software Inc 1.77%
  10. MGIC Investment Corp 1.75%

Asset Allocation

Weighting Category Low Category High ABRUX % Rank Quintile
Stocks
41.38% 0.00% 101.37% 36.59% 5
Bonds
27.04% 0.00% 83.68% 1.34% 1
Other
15.94% -10.03% 15.94% 0.19% 1
Cash
15.63% -64.73% 62.67% 0.96% 1
Convertible Bonds
0.01% 0.00% 1.26% 1.53% 1
Preferred Stocks
0.00% 0.00% 4.72% 2.11% 5

Stock Sector Breakdown

Weighting Category Low Category High ABRUX % Rank Quintile
Technology
8.69% 0.00% 42.00% 33.97% 5
Financial Services
8.48% 0.00% 33.60% 34.55% 5
Energy
8.13% 0.00% 20.66% 2.88% 1
Healthcare
8.10% 0.00% 24.64% 28.41% 4
Industrials
6.41% 0.13% 54.02% 37.04% 5
Consumer Cyclical
1.57% 0.00% 38.21% 36.47% 5
Utilities
0.00% 0.00% 22.37% 26.87% 5
Real Estate
0.00% 0.00% 38.25% 34.74% 5
Communication Services
0.00% -0.25% 10.80% 22.26% 5
Consumer Defense
0.00% 0.00% 22.01% 31.48% 5
Basic Materials
0.00% 0.00% 31.94% 36.47% 5

Stock Geographic Breakdown

Weighting Category Low Category High ABRUX % Rank Quintile
US
41.38% 0.00% 101.37% 37.55% 5
Non US
0.00% 0.00% 94.97% 32.57% 5

Bond Sector Breakdown

Weighting Category Low Category High ABRUX % Rank Quintile
Government
24.25% -0.69% 29.24% 0.38% 1
Cash & Equivalents
15.63% -64.94% 45.98% 0.96% 1
Corporate
2.00% 0.00% 24.05% 2.87% 1
Securitized
0.76% 0.00% 64.35% 1.53% 1
Derivative
0.00% -0.03% 3.82% 1.53% 5
Municipal
0.00% 0.00% 0.93% 1.34% 5

Bond Geographic Breakdown

Weighting Category Low Category High ABRUX % Rank Quintile
US
13.89% 0.00% 124.68% 1.53% 1
Non US
13.15% -94.99% 17.59% 0.57% 1

ABRUX - Expenses

Operational Fees

ABRUX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 3.96% 0.00% 10.03% 1.34% 5
Management Fee 1.25% 0.00% 1.50% 0.38% 5
12b-1 Fee 1.00% 0.00% 1.00% 0.29% 5
Administrative Fee 0.15% 0.00% 0.40% 3.31% 4

Sales Fees

ABRUX Fees (% of AUM) Category Low Category High ABRUX Rank Quintile
Front Load 2.50% 0.00% 5.75% 13.19% 1
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

ABRUX Fees (% of AUM) Category Low Category High ABRUX Rank Quintile
Max Redemption Fee 1.00% 1.00% 2.00% 2.78% 2

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

ABRUX Fees (% of AUM) Category Low Category High ABRUX Rank Quintile
Turnover 794.40% 0.00% 794.40% 0.19% 5

ABRUX - Distributions

Dividend Yield Analysis

ABRUX Category Low Category High ABRUX % Rank Quintile
Dividend Yield 0.0% 0.00% 3.69% 67.55% 5

Dividend Distribution Analysis

ABRUX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

ABRUX Category Low Category High ABRUX % Rank Quintile
Net Income Ratio -1.21% -1.95% 2.47% 41.65% 5

Capital Gain Distribution Analysis

ABRUX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

ABRUX - Managers

Rick Gonsalves

Manager

Start Date

Feb 26, 2010

Tenure

8.93

Tenure Rank

6.6%

Rick Gonsalves is the co-founder and President of AmericaFirst Capital Management, LLC. Mr. Gonsalves co-founded AmericaFirst Capital Management, LLC in January 2007. He currently serves as President and Chief Executive Officer, positions he has held since the Advisor’s inception. From 2003 to 2008, he operated Renaissance Investment Services (a company that provided services to broker representatives), for which he acted as President and CEO after the business was incorporated in 2005. He was a registered broker representative of Brecek & Young Advisors, Inc. from January 2007 to December 2007, and WRP Investments, Inc. from September 2005 to December 2006.


Tenure Analysis

Category Low

0.0

Category High

27.5

Category Average

6.35

Category Mode

1.9