AGAQX: 361 Global Long/Short Equity Investor

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AGAQX 361 Global Long/Short Equity Investor


Profile

AGAQX - Profile

Vitals

  • YTD Return -0.4%
  • 3 Yr Annualized Return -2.5%
  • 5 Yr Annualized Return 0.7%
  • Net Assets $734 M
  • Holdings in Top 10 27.9%

52 WEEK LOW AND HIGH

$11.11
$8.94
$11.87

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.74%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 220.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,500
  • IRA $2,500

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Long-Short Equity

Distributions

  • YTD Total Return -0.4%
  • 3 Yr Annualized Total Return -0.4%
  • 5 Yr Annualized Total Return 2.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.06%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    361 Global Long/Short Equity Fund
  • Fund Family Name
    361 Funds
  • Inception Date
    Dec 12, 2014
  • Shares Outstanding
    N/A
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    David Krider

Fund Description

The fund seeks to invest at least 80% of the value of its net assets (which include borrowings for investment purposes) in equity securities such as common stocks, warrants and rights. It may invest in equity securities of U.S. and foreign issuers in all market capitalization ranges without limitation. Under normal market conditions, the fund will invest in at least three different countries, with at least 40% of its net assets invested in securities of issuers located outside the United States.


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Categories

AGAQX - Mutual Fund Categories


Performance

AGAQX - Performance

Return Ranking - Trailing

Period AGAQX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.4% -20.5% 33.1% 56.73%
1 Yr 1.8% -20.8% 25.2% 44.00%
3 Yr -2.5%* -29.6% 12.9% 73.33%
5 Yr 0.7%* -19.8% 8.6% 59.65%
10 Yr N/A* -2.7% 4.0% N/A

* Annualized

Return Ranking - Calendar

Period AGAQX Return Category Return Low Category Return High Rank in Category (%)
2019 8.1% -12.2% 28.0% 43.00%
2018 -11.3% -41.4% 4.6% 70.53%
2017 7.7% -67.1% 21.4% 27.38%
2016 -0.8% -17.3% 25.3% 58.67%
2015 7.8% -26.2% 11.6% 10.71%

Total Return Ranking - Trailing

Period AGAQX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.4% -20.5% 33.1% 56.73%
1 Yr 1.8% -20.8% 25.2% 44.00%
3 Yr -0.4%* -13.3% 12.9% 73.33%
5 Yr 2.3%* -4.0% 8.6% 57.89%
10 Yr N/A* -0.3% 9.1% N/A

* Annualized

Total Return Ranking - Calendar

Period AGAQX Return Category Return Low Category Return High Rank in Category (%)
2019 8.1% -12.2% 28.0% 43.00%
2018 -11.3% -21.4% 8.2% 74.74%
2017 15.0% -2.5% 25.0% 30.95%
2016 -0.5% -7.5% 25.3% 68.00%
2015 8.7% -26.2% 11.6% 10.71%

NAV & Total Return History


Holdings

AGAQX - Holdings

Concentration Analysis

AGAQX Category Low Category High AGAQX % Rank
Net Assets 734 M 1.39 M 1.73 B 10.78%
Number of Holdings 170 6 2516 45.54%
Net Assets in Top 10 197 M -166 M 813 M 9.90%
Weighting of Top 10 27.90% 4.1% 93.9% 65.85%

Top 10 Holdings

  1. Umb Money Mkt Fd 6.99%
  2. Microsoft Corp 4.05%
  3. Apple Inc 3.55%
  4. Amazon.com Inc 2.31%
  5. Facebook Inc A 2.16%
  6. SoftBank Corp 2.10%
  7. West Pharmaceutical Services Inc 1.81%
  8. Alphabet Inc A 1.75%
  9. Coloplast A/S B 1.61%
  10. Constellation Software Inc 1.58%

Asset Allocation

Weighting Return Low Return High AGAQX % Rank
Stocks
72.06% -8.34% 78.93% 4.85%
Other
20.93% -13.12% 131.29% 15.84%
Cash
7.01% -95.75% 96.50% 88.12%
Preferred Stocks
0.00% 0.00% 3.08% 74.26%
Convertible Bonds
0.00% 0.00% 20.87% 83.17%
Bonds
0.00% -1.14% 78.41% 87.38%

Stock Sector Breakdown

Weighting Return Low Return High AGAQX % Rank
Technology
29.73% 0.00% 29.73% 3.41%
Healthcare
11.99% 0.00% 30.83% 55.68%
Consumer Defense
11.23% 0.00% 15.66% 7.95%
Communication Services
10.59% 0.00% 100.00% 34.09%
Utilities
9.99% 0.00% 65.98% 14.77%
Consumer Cyclical
8.90% 0.00% 33.57% 61.36%
Industrials
7.72% 0.00% 30.02% 57.95%
Financial Services
7.05% 0.00% 98.13% 69.32%
Basic Materials
1.97% 0.00% 81.58% 57.95%
Energy
0.63% 0.00% 57.37% 60.23%
Real Estate
0.19% 0.00% 16.28% 81.82%

Stock Geographic Breakdown

Weighting Return Low Return High AGAQX % Rank
US
43.41% -8.90% 104.47% 29.70%
Non US
28.65% -49.91% 64.14% 11.88%

Expenses

AGAQX - Expenses

Operational Fees

AGAQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.74% 0.90% 12.79% 34.95%
Management Fee 1.25% 0.35% 2.00% 62.50%
12b-1 Fee 0.25% 0.00% 1.00% 55.22%
Administrative Fee 0.10% 0.04% 0.45% 21.88%

Sales Fees

AGAQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.25% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

AGAQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

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.

AGAQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 220.00% 0.00% 446.00% 79.59%

Distributions

AGAQX - Distributions

Dividend Yield Analysis

AGAQX Category Low Category High AGAQX % Rank
Dividend Yield 0.00% 0.00% 0.36% 67.31%

Dividend Distribution Analysis

AGAQX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

AGAQX Category Low Category High AGAQX % Rank
Net Income Ratio 0.06% -2.48% 4.55% 71.84%

Capital Gain Distribution Analysis

AGAQX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

AGAQX - Fund Manager Analysis

Managers

David Krider


Start Date

Tenure

Tenure Rank

Dec 12, 2014

5.72

5.7%

David Krider is a portfolio manager for the Analytic Investors team at Wells Fargo Asset Management (WFAM). He is responsible for the ongoing research and development of global equity-based investment strategies as well as the day-to-day trading of global portfolios. Prior to joining Analytic Investors in 2003, David was founder and Chief Technology Officer of Visualize, Inc., a firm that specializes in financial visualization and analytic software. He was a Research Associate at First Quadrant before leaving to start his own firm.

Harindra de Silva


Start Date

Tenure

Tenure Rank

Dec 12, 2014

5.72

5.7%

Harindra (“Harin”) de Silva is president and portfolio manager for the Wells Fargo Asset Management (WFAM) Analytic Investors team. Harin focuses on the ongoing research effort for equity and factor-based asset allocation strategies. He joined Analytic Investors in 1995. Prior to joining Analytic Investors, Harin was a principal at Analysis Group, Inc., where he was responsible for providing economic research services to institutional investors including investment managers, large pension funds, and endowments.

Dennis Bein


Start Date

Tenure

Tenure Rank

Dec 12, 2014

5.72

5.7%

Dennis M. Bein is chief investment officer and portfolio manager for the Wells Fargo Asset Management (WFAM) Analytic Investors team. In this role, Dennis focuses on day-to-day portfolio management and research related to equity-based investment strategies. Prior to joining Analytic Investors in 1995, Dennis was a Senior Consultant for Analysis Group, Inc., where he provided investment consulting services for institutional investors and plan sponsors. He earned a bachelor’s degree in business administration and an MBA in finance from the University of California, Riverside.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.51 19.52 5.04 6.18