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ABRUX AmericaFirst Tactical Alpha U

  • Fund
  • ABRUX
  • Price as of: Jun 25, 2019
  • $12.46 + $0.02 + 0.16%
  • Category
  • Small Cap Blend Equities

ABRUX - Profile

Vitals

  • YTD Return 9.1%
  • 3 Yr Annualized Return 4.4%
  • 5 Yr Annualized Return 1.1%
  • Net Assets $12.9 M
  • Holdings in Top 10 36.7%

52 WEEK LOW AND HIGH

$12.46
$11.08
$13.24

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 9.1%
  • 3 Yr Annualized Total Return 4.4%
  • 5 Yr Annualized Total Return 1.1%
  • 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 (%)
YTD 9.1% -7.9% 24.5% 88.27%
1 Yr -4.2% -65.8% 0.4% 6.40%
3 Yr 4.4%* -41.2% 20.6% 28.14%
5 Yr 1.1%* -36.9% 8.3% 21.67%
10 Yr N/A* -15.4% 17.4% N/A

* Annualized


Return Ranking - Calendar

Period ABRUX Return Category Return Low Category Return High Rank in Category (%)
2018 -7.8% -67.3% 0.4% 2.40%
2017 4.8% -26.8% 36.3% 49.46%
2016 6.6% -36.7% 34.1% 93.44%
2015 -7.0% -59.6% 10.0% 30.60%
2014 4.3% -35.4% 76.2% 18.44%

Total Return Ranking - Trailing

Period ABRUX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.1% -7.9% 24.5% 88.00%
1 Yr -4.2% -43.1% 4.3% 12.00%
3 Yr 4.4%* -25.2% 20.6% 60.66%
5 Yr 1.1%* -25.4% 12.6% 63.61%
10 Yr N/A* -9.2% 19.8% N/A

* Annualized


Total Return Ranking - Calendar

Period ABRUX Return Category Return Low Category Return High Rank in Category (%)
2018 -7.8% -47.8% 1.5% 4.00%
2017 4.8% -26.8% 52.6% 80.91%
2016 6.6% -24.6% 34.1% 97.27%
2015 -7.0% -59.6% 21.1% 57.10%
2014 4.3% -27.6% 76.2% 46.11%

NAV & Total Return History

ABRUX - Holdings

Concentration Analysis

ABRUX Category Low Category High ABRUX % Rank
Net Assets 12.9 M 2.8 M 93.7 B 96.79%
Number of Holdings 156 12 4260 45.87%
Net Assets in Top 10 4.73 M 560 K 3.56 B 94.13%
Weighting of Top 10 36.67% 2.6% 469.5% 14.93%

Top 10 Holdings

  1. Invesco CurrencyShares® Japanese Yen 7.67%

  2. iShares Core US Aggregate Bond ETF 7.60%

  3. Vanguard Total International Bond ETF 7.55%

  4. Powershares Exchan 7.50%

  5. Moneta Ventures Fund Ii 3.87%

  6. Harris Corp 0.51%

  7. Welltower Inc 0.50%

  8. Public Storage 0.49%

  9. VEREIT Inc Class A 0.49%

  10. American Tower Corp 0.49%


Asset Allocation

Weighting Return Low Return High ABRUX % Rank
Stocks
64.87% 0.00% 100.63% 98.13%
Bonds
14.73% 0.00% 130.33% 4.00%
Other
11.44% -39.74% 14.19% 1.87%
Cash
8.91% -131.83% 45.56% 6.13%
Convertible Bonds
0.04% 0.00% 2.04% 4.00%
Preferred Stocks
0.00% 0.00% 4.53% 90.40%

Stock Sector Breakdown

Weighting Return Low Return High ABRUX % Rank
Industrials
12.53% 0.13% 52.49% 85.29%
Real Estate
11.13% 0.00% 36.84% 5.61%
Financial Services
10.76% 0.00% 33.55% 84.76%
Utilities
10.69% 0.00% 10.69% 0.53%
Consumer Cyclical
6.96% 0.11% 32.67% 92.25%
Technology
6.31% 0.14% 40.64% 94.12%
Consumer Defense
2.70% 0.00% 12.69% 64.97%
Basic Materials
2.05% 0.00% 33.77% 92.78%
Healthcare
1.26% 0.00% 25.11% 92.25%
Communication Services
0.49% -0.34% 11.67% 59.89%
Energy
0.00% 0.00% 22.72% 99.20%

Stock Geographic Breakdown

Weighting Return Low Return High ABRUX % Rank
US
63.29% 0.00% 100.10% 95.20%
Non US
1.58% 0.00% 95.18% 48.27%

Bond Sector Breakdown

Weighting Return Low Return High ABRUX % Rank
Government
9.27% 0.00% 30.76% 3.73%
Cash & Equivalents
8.90% -132.28% 45.56% 6.13%
Corporate
3.03% 0.00% 23.27% 3.20%
Securitized
2.41% 0.00% 111.59% 3.47%
Municipal
0.06% 0.00% 0.87% 3.20%
Derivative
0.00% -0.13% 25.02% 88.27%

Bond Geographic Breakdown

Weighting Return Low Return High ABRUX % Rank
Non US
7.67% 0.00% 16.59% 3.20%
US
7.06% 0.00% 113.96% 4.27%

ABRUX - Expenses

Operational Fees

ABRUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 3.96% 0.00% 3.96% 0.27%
Management Fee 1.00% 0.00% 1.50% 96.00%
12b-1 Fee 1.00% 0.00% 1.00% 98.68%
Administrative Fee 0.15% 0.00% 0.47% 73.78%

Sales Fees

ABRUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 2.50% 0.00% 5.75% 97.14%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

ABRUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 1.00% 1.00% 2.00% 97.30%

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 Return Low Category Return High Rank in Category (%)
Turnover 794.40% 3.00% 794.40% 99.73%

ABRUX - Distributions

Dividend Yield Analysis

ABRUX Category Low Category High ABRUX % Rank
Dividend Yield 0.00% 0.00% 0.04% 93.07%

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

ABRUX Category Low Category High ABRUX % Rank
Net Income Ratio -1.21% -2.53% 2.32% 97.59%

Capital Gain Distribution Analysis

ABRUX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

ABRUX - Managers

Rick Gonsalves

Manager

Start Date

Tenure

Tenure Rank

Feb 26, 2010

9.26

9.3%

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

0.02

Category High

27.84

Category Average

6.71

Category Mode

6.04