Equable Shares Hedged Equity I
Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$107 M
Holdings in Top 10
N/A
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.25%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
EQWIX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.11%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameEquable Shares Hedged Equity Fund
-
Fund Family NameTeramo
-
Inception DateMay 31, 2019
-
Shares Outstanding8813184
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerRonald Santella
Fund Description
EQWIX - Performance
Return Ranking - Trailing
Period | EQWIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -2.8% | 240.8% | 56.52% |
1 Yr | N/A | -4.3% | 140.6% | 64.35% |
3 Yr | N/A* | -8.3% | 18.3% | N/A |
5 Yr | N/A* | -5.0% | 17.3% | N/A |
10 Yr | N/A* | -4.6% | 13.2% | N/A |
* Annualized
Return Ranking - Calendar
Period | EQWIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -34.1% | 904.0% | 51.35% |
2022 | N/A | -28.6% | 438.4% | N/A |
2021 | N/A | -93.5% | 8.2% | N/A |
2020 | N/A | -38.9% | 19.8% | N/A |
2019 | N/A | -10.9% | 12.8% | N/A |
Total Return Ranking - Trailing
Period | EQWIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -2.7% | 244.0% | 56.52% |
1 Yr | N/A | -4.3% | 140.6% | 61.74% |
3 Yr | N/A* | -8.3% | 18.3% | N/A |
5 Yr | N/A* | -5.4% | 17.3% | N/A |
10 Yr | N/A* | -4.6% | 13.2% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | EQWIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -34.1% | 904.0% | 51.35% |
2022 | N/A | -5.9% | 438.4% | N/A |
2021 | N/A | -81.2% | 8.2% | N/A |
2020 | N/A | -29.0% | 19.8% | N/A |
2019 | N/A | -10.9% | 12.8% | N/A |
NAV & Total Return History
EQWIX - Holdings
Concentration Analysis
EQWIX | Category Low | Category High | EQWIX % Rank | |
---|---|---|---|---|
Net Assets | 107 M | 25 | 17.4 B | 66.29% |
Number of Holdings | 11 | 2 | 508 | 77.48% |
Net Assets in Top 10 | 106 M | -6.66 M | 5.12 B | 53.05% |
Weighting of Top 10 | N/A | 11.3% | 100.0% | 13.08% |
Top 10 Holdings
- First American Government Obligs X 8.70%
- Option on SPDR® S&P 500 ETF Trust Dec20 7.82%
- Option on SPDR® S&P 500 ETF Trust Dec20 7.82%
- Option on SPDR® S&P 500 ETF Trust Dec20 7.82%
- Option on SPDR® S&P 500 ETF Trust Dec20 7.82%
- Option on SPDR® S&P 500 ETF Trust Dec20 7.82%
- Option on SPDR® S&P 500 ETF Trust Dec20 7.82%
- Option on SPDR® S&P 500 ETF Trust Dec20 7.82%
- Option on SPDR® S&P 500 ETF Trust Dec20 7.82%
- Option on SPDR® S&P 500 ETF Trust Dec20 7.82%
Asset Allocation
Weighting | Return Low | Return High | EQWIX % Rank | |
---|---|---|---|---|
Stocks | 90.12% | -3.92% | 100.76% | 70.23% |
Cash | 9.87% | -0.76% | 100.29% | 22.52% |
Other | 0.01% | 0.00% | 45.92% | 64.12% |
Preferred Stocks | 0.00% | 0.00% | 3.08% | 53.82% |
Convertible Bonds | 0.00% | 0.00% | 20.91% | 55.73% |
Bonds | 0.00% | 0.00% | 97.96% | 58.40% |
Stock Sector Breakdown
Weighting | Return Low | Return High | EQWIX % Rank | |
---|---|---|---|---|
Technology | 24.69% | 0.00% | 44.43% | 44.96% |
Healthcare | 14.29% | 0.00% | 25.91% | 65.55% |
Financial Services | 13.16% | 0.00% | 29.60% | 59.24% |
Consumer Cyclical | 11.22% | 0.00% | 19.02% | 48.32% |
Communication Services | 8.64% | 0.00% | 21.22% | 42.02% |
Industrials | 8.27% | 1.41% | 43.91% | 46.64% |
Consumer Defense | 7.33% | 0.00% | 22.87% | 60.08% |
Energy | 4.17% | 0.00% | 69.54% | 58.82% |
Real Estate | 2.92% | 0.00% | 9.74% | 50.00% |
Utilities | 2.87% | 0.00% | 13.35% | 51.68% |
Basic Materials | 2.44% | 0.00% | 60.58% | 50.42% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | EQWIX % Rank | |
---|---|---|---|---|
US | 89.16% | -3.89% | 100.00% | 56.11% |
Non US | 0.96% | -2.17% | 99.33% | 59.16% |
EQWIX - Expenses
Operational Fees
EQWIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.25% | 0.20% | 6.78% | 37.04% |
Management Fee | 0.75% | 0.20% | 1.75% | 25.00% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.02% | 0.28% | N/A |
Sales Fees
EQWIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 4.75% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
EQWIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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.
EQWIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 456.80% | 78.57% |
EQWIX - Distributions
Dividend Yield Analysis
EQWIX | Category Low | Category High | EQWIX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 3.76% | 56.51% |
Dividend Distribution Analysis
EQWIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Monthly | Annually |
Net Income Ratio Analysis
EQWIX | Category Low | Category High | EQWIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.11% | -2.54% | 14.24% | 51.23% |
Capital Gain Distribution Analysis
EQWIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 27, 2024 | $0.053 | OrdinaryDividend |
Dec 27, 2023 | $0.302 | OrdinaryDividend |
Sep 27, 2023 | $0.083 | OrdinaryDividend |
Jun 28, 2023 | $0.072 | OrdinaryDividend |
Mar 29, 2023 | $0.055 | OrdinaryDividend |
Dec 28, 2022 | $0.179 | OrdinaryDividend |
Sep 28, 2022 | $0.018 | OrdinaryDividend |
Jun 28, 2022 | $0.002 | OrdinaryDividend |
Mar 29, 2022 | $0.004 | OrdinaryDividend |
Dec 30, 2021 | $0.011 | OrdinaryDividend |
Sep 29, 2021 | $0.001 | OrdinaryDividend |
Jun 29, 2021 | $0.002 | OrdinaryDividend |
Mar 30, 2021 | $0.002 | OrdinaryDividend |
Dec 30, 2020 | $0.040 | OrdinaryDividend |
Dec 30, 2019 | $0.047 | OrdinaryDividend |
EQWIX - Fund Manager Analysis
Managers
Ronald Santella
Start Date
Tenure
Tenure Rank
May 31, 2019
3.0
3.0%
Mr. Santella is the founder, Chief Executive Officer and Chief Investment Officer of the Adviser, and has over thirty years of experience in the financial markets as a successful entrepreneur and business. Mr. Santella started his career in 1985 at O’Connor and Associates in Chicago as a listed options trader. In 1986 he joined Grace Brothers as the head trader and portfolio manager for arbitrage strategies. In 1990, Mr. Santella founded and managed a hedge fund primarily focused on convertible bond and volatility arbitrage strategies. After a successful tenure of managing a series of hedge funds over the next 15 years, Mr. Santella established a family office in 2005 to invest his own capital, along with a limited number of partners’ capital, in alternative investment strategies. In 2008, Mr. Santella took the helm as CEO of Fox River Execution, an institutional brokerage firm, based in Geneva, Illinois. Under his leadership, Fox River aggressively grew its customer base, revenues and profit over a 2-year period; which resulted in the ultimate sale of the firm to SunGard in July of 2010. Since leaving SunGard in 2011, Mr. Santella has acted as an independent consultant, and has partnered with Woori Bank of Korea, SkyBridge Capital and ED&F Man Capital Markets to provide solutions and create products in alternatives, mutual funds and execution services for UIT sponsors.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 19.77 | 3.61 | 5.67 |