DSS AmericaFirst Monthly Risk-On Risk-Off Fund
Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-4.1%
1 yr return
13.0%
3 Yr Avg Return
-1.7%
5 Yr Avg Return
-0.3%
Net Assets
$5.12 M
Holdings in Top 10
61.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 4.31%
SALES FEES
Front Load 2.50%
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee 1.00%
Min Investment
Standard (Taxable)
$1,000
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
ABRUX - Profile
Distributions
- YTD Total Return -4.1%
- 3 Yr Annualized Total Return -1.7%
- 5 Yr Annualized Total Return -0.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -1.47%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
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Legal NameDSS AmericaFirst Monthly Risk-On Risk-Off Fund
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Fund Family NameAmericaFirst Funds
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Inception DateJan 07, 2013
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Shares OutstandingN/A
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Share ClassOther
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CurrencyUSD
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Domiciled CountryUS
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ManagerRick Gonsalves
Fund Description
The Fund seeks to achieve its investment objective primarily through long positions in global equity and fixed income securities. The Fund will invest in equity securities regardless of market capitalization and regardless of industry sector. With regard to fixed income securities, the Fund invests primarily in U.S. Treasury notes, bonds or Treasury ETFs.
The Fund's portfolio of securities may include common stocks of foreign and domestic companies, preferred securities, of domestic or foreign issuers, U.S. Treasury bonds, exchange-traded portfolios (“Exchange Traded Portfolios”) including those with inverse market exposure, master limited partnerships (“MLPs”), and real estate investment trusts (“REITs”). For purposes of the strategy, the Fund defines Exchange Traded Portfolios to include exchange traded funds (“ETFs”) that issue shares that are approved for listing and trading on a national securities exchange. It is possible that the Fund may not include all of these types of securities and may only include one of these types of securities in the portfolio at any given time.
Risk-on risk-off refers to the dynamic real-time assessment of risk and changes in investment allocation in response to stock market and economic conditions. The Fund’s Advisor defines risk-on assets as equities and risk-off assets as Treasury notes and bonds, gold, and other asset-classes with low historical correlations to stocks. The Advisor assess risks and returns at least monthly. When applicable, the Fund may rebalance a significant portion of its equity holdings to “risk off” asset classes.
ABRUX - Performance
Return Ranking - Trailing
Period | ABRUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -4.1% | -4.9% | 13.1% | 100.00% |
1 Yr | 13.0% | -8.9% | 60.8% | 34.23% |
3 Yr | -1.7%* | -23.9% | 9.0% | 76.02% |
5 Yr | -0.3%* | -11.8% | 16.9% | 97.56% |
10 Yr | 0.9%* | -5.0% | 9.3% | 96.27% |
* Annualized
Return Ranking - Calendar
Period | ABRUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.8% | -18.9% | 60.2% | 15.25% |
2022 | -13.0% | -48.5% | 0.1% | 22.87% |
2021 | 7.0% | -19.0% | 48.3% | 27.93% |
2020 | -7.2% | -16.5% | 52.8% | 96.68% |
2019 | 13.8% | -8.5% | 27.3% | 25.73% |
Total Return Ranking - Trailing
Period | ABRUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -4.1% | -4.9% | 13.1% | 100.00% |
1 Yr | 13.0% | -8.9% | 60.8% | 34.23% |
3 Yr | -1.7%* | -23.9% | 9.0% | 76.02% |
5 Yr | -0.3%* | -11.8% | 16.9% | 97.56% |
10 Yr | 0.9%* | -5.0% | 9.3% | 96.27% |
* Annualized
Total Return Ranking - Calendar
Period | ABRUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.8% | -11.7% | 61.8% | 27.80% |
2022 | -13.0% | -48.5% | 4.6% | 42.60% |
2021 | 7.0% | -14.2% | 48.3% | 73.87% |
2020 | -7.2% | -11.7% | 77.4% | 99.05% |
2019 | 13.8% | -3.9% | 30.2% | 54.85% |
NAV & Total Return History
ABRUX - Holdings
Concentration Analysis
ABRUX | Category Low | Category High | ABRUX % Rank | |
---|---|---|---|---|
Net Assets | 5.12 M | 1.98 M | 13.3 B | 97.78% |
Number of Holdings | 23 | 2 | 1954 | 71.11% |
Net Assets in Top 10 | 2.98 M | 1.16 M | 10.4 B | 96.44% |
Weighting of Top 10 | 61.45% | 0.4% | 149.2% | 64.89% |
Top 10 Holdings
- TG Therapeutics, Inc. 8.58%
- Nu Holdings Ltd. 8.11%
- Gritstone bio, Inc. 7.17%
- Advanced Micro Devices Inc. 6.08%
- Novo Nordisk A/S 6.06%
- Federated Hermes Institutional Prime Obligations Fund - Institutional Class 5.82%
- Monte Rosa Therapeutics, Inc. 5.36%
- Amazon.com, Inc. 5.35%
- Microsoft Corp. 4.73%
- Eli Lilly Co. 4.19%
Asset Allocation
Weighting | Return Low | Return High | ABRUX % Rank | |
---|---|---|---|---|
Stocks | 91.55% | 0.00% | 137.56% | 52.00% |
Cash | 8.45% | -33.22% | 99.05% | 32.00% |
Convertible Bonds | 0.09% | 0.00% | 8.92% | 42.22% |
Preferred Stocks | 0.00% | 0.00% | 5.36% | 95.56% |
Other | 0.00% | -29.71% | 128.17% | 84.89% |
Bonds | 0.00% | 0.00% | 106.59% | 96.89% |
Stock Sector Breakdown
Weighting | Return Low | Return High | ABRUX % Rank | |
---|---|---|---|---|
Healthcare | 18.65% | 0.00% | 38.63% | 16.75% |
Technology | 17.03% | 0.00% | 85.77% | 50.26% |
Consumer Cyclical | 10.70% | 0.00% | 25.83% | 35.08% |
Industrials | 10.47% | 0.00% | 23.85% | 30.37% |
Consumer Defense | 10.31% | 0.00% | 37.51% | 23.04% |
Financial Services | 9.62% | 0.00% | 98.22% | 63.35% |
Utilities | 8.86% | 0.00% | 91.12% | 9.95% |
Real Estate | 4.84% | 0.00% | 99.45% | 36.65% |
Energy | 3.52% | 0.00% | 60.89% | 70.16% |
Communication Services | 3.24% | 0.00% | 21.61% | 65.97% |
Basic Materials | 2.76% | 0.00% | 56.73% | 65.45% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | ABRUX % Rank | |
---|---|---|---|---|
US | 91.55% | 0.00% | 137.56% | 49.78% |
Non US | 0.00% | -1.94% | 41.50% | 94.67% |
ABRUX - Expenses
Operational Fees
ABRUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 4.31% | 0.49% | 10.24% | 3.11% |
Management Fee | 1.00% | 0.00% | 1.50% | 84.00% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 99.32% |
Administrative Fee | N/A | 0.05% | 0.70% | 77.50% |
Sales Fees
ABRUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 2.50% | 2.50% | 5.75% | 100.00% |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
ABRUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 1.00% | 0.50% | 2.00% | 87.10% |
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 Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 1.75% | 441.00% | 95.13% |
ABRUX - Distributions
Dividend Yield Analysis
ABRUX | Category Low | Category High | ABRUX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 25.10% | 98.22% |
Dividend Distribution Analysis
ABRUX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Monthly | Quarterly |
Net Income Ratio Analysis
ABRUX | Category Low | Category High | ABRUX % Rank | |
---|---|---|---|---|
Net Income Ratio | -1.47% | -2.01% | 13.72% | 96.00% |
Capital Gain Distribution Analysis
ABRUX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jun 28, 2013 | $0.001 | OrdinaryDividend |
Mar 28, 2013 | $0.004 | OrdinaryDividend |
ABRUX - Fund Manager Analysis
Managers
Rick Gonsalves
Start Date
Tenure
Tenure Rank
Feb 26, 2010
12.27
12.3%
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 | Category High | Category Average | Category Mode |
---|---|---|---|
0.07 | 33.83 | 6.65 | 13.0 |