Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
6.0%
1 yr return
9.5%
3 Yr Avg Return
3.7%
5 Yr Avg Return
2.8%
Net Assets
$169 M
Holdings in Top 10
42.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.39%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 115.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$100,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
GAFYX - Profile
Distributions
- YTD Total Return 6.0%
- 3 Yr Annualized Total Return 3.7%
- 5 Yr Annualized Total Return 2.8%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio -0.60%
- Dividend Yield 9.2%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameAlphaSimplex Global Alternatives Fund
-
Fund Family NameNatixis Loomis Sayles Funds
-
Inception DateMay 01, 2013
-
Shares OutstandingN/A
-
Share ClassY
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRobert Rickard
Fund Description
GAFYX - Performance
Return Ranking - Trailing
Period | GAFYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.0% | -73.0% | 19.4% | 63.08% |
1 Yr | 9.5% | -9.1% | 86.9% | 71.64% |
3 Yr | 3.7%* | -9.5% | 16.2% | 79.92% |
5 Yr | 2.8%* | -4.9% | 14.4% | 56.50% |
10 Yr | 2.1%* | -0.9% | 7.5% | 63.83% |
* Annualized
Return Ranking - Calendar
Period | GAFYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -1.4% | -22.7% | 305.1% | 82.59% |
2022 | -9.2% | -9.8% | 27.3% | 14.11% |
2021 | 1.3% | -20.8% | 10.9% | 64.00% |
2020 | -4.6% | -12.4% | 29.4% | 5.94% |
2019 | 9.2% | -10.5% | 15.8% | 90.05% |
Total Return Ranking - Trailing
Period | GAFYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.0% | -73.0% | 19.4% | 63.08% |
1 Yr | 9.5% | -13.4% | 86.9% | 65.45% |
3 Yr | 3.7%* | -9.5% | 16.2% | 77.11% |
5 Yr | 2.8%* | -5.3% | 14.4% | 50.22% |
10 Yr | 2.1%* | -0.9% | 7.5% | 60.64% |
* Annualized
Total Return Ranking - Calendar
Period | GAFYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.8% | -22.7% | 305.1% | 82.59% |
2022 | -0.5% | -9.8% | 27.3% | 14.52% |
2021 | 1.3% | -20.8% | 10.9% | 67.11% |
2020 | -2.1% | -8.4% | 29.4% | 10.89% |
2019 | 10.5% | -10.2% | 18.0% | 94.24% |
NAV & Total Return History
GAFYX - Holdings
Concentration Analysis
GAFYX | Category Low | Category High | GAFYX % Rank | |
---|---|---|---|---|
Net Assets | 169 M | 1.5 M | 5.01 B | 26.57% |
Number of Holdings | 655 | 4 | 4478 | 45.58% |
Net Assets in Top 10 | 99.8 M | -398 M | 2.55 B | 53.36% |
Weighting of Top 10 | 42.09% | 13.1% | 100.0% | 100.00% |
Top 10 Holdings
- United States Cash Management Bill 5.89%
- United States Treasury Bill 5.27%
- FIXED INC CLEARING CORP.REPO 4.24%
- MIZUHO BANK LTD 4.22%
- TORONTO DOMINION BK 4.21%
- United States Treasury Bill 4.21%
- United States Treasury Bill 4.17%
- Bank of Nova Scotia/Houston 3.38%
- DNB NOR BK ASA 3.37%
- United States Treasury Bill 3.13%
Asset Allocation
Weighting | Return Low | Return High | GAFYX % Rank | |
---|---|---|---|---|
Cash | 75.41% | -6278.21% | 410.43% | 27.21% |
Stocks | 16.40% | -3.75% | 97.95% | 14.13% |
Other | 5.10% | -21.53% | 148.54% | 85.16% |
Bonds | 3.09% | -326.45% | 6347.80% | 93.29% |
Preferred Stocks | 0.00% | -0.12% | 46.97% | 83.39% |
Convertible Bonds | 0.00% | 0.00% | 87.92% | 92.58% |
Stock Sector Breakdown
Weighting | Return Low | Return High | GAFYX % Rank | |
---|---|---|---|---|
Technology | 17.82% | 0.00% | 39.58% | 46.85% |
Financial Services | 17.67% | 0.00% | 59.28% | 45.67% |
Industrials | 13.92% | 0.00% | 21.45% | 5.51% |
Consumer Cyclical | 11.73% | 0.00% | 29.09% | 84.25% |
Consumer Defense | 10.08% | 0.00% | 13.62% | 8.66% |
Healthcare | 10.01% | 0.00% | 45.63% | 58.66% |
Basic Materials | 6.36% | 0.00% | 27.46% | 62.99% |
Utilities | 4.06% | 0.00% | 9.23% | 15.35% |
Communication Services | 3.49% | 0.00% | 21.78% | 76.38% |
Real Estate | 2.98% | 0.00% | 51.26% | 24.02% |
Energy | 1.87% | 0.00% | 100.00% | 75.98% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | GAFYX % Rank | |
---|---|---|---|---|
US | 16.40% | -8.85% | 91.88% | 4.59% |
Non US | 0.00% | -19.62% | 42.11% | 65.02% |
Bond Sector Breakdown
Weighting | Return Low | Return High | GAFYX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 68.76% | 0.27% | 100.00% | 4.24% |
Government | 4.62% | 0.00% | 84.29% | 97.53% |
Derivative | 0.86% | 0.00% | 88.81% | 72.44% |
Securitized | 0.00% | 0.00% | 56.83% | 90.81% |
Corporate | 0.00% | 0.00% | 87.73% | 95.05% |
Municipal | 0.00% | 0.00% | 27.33% | 83.39% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | GAFYX % Rank | |
---|---|---|---|---|
US | 3.09% | -126.19% | 6311.18% | 99.29% |
Non US | 0.00% | -382.37% | 121.02% | 85.87% |
GAFYX - Expenses
Operational Fees
GAFYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.39% | 0.29% | 31.15% | 73.74% |
Management Fee | 1.10% | 0.00% | 2.50% | 56.89% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 16.22% |
Administrative Fee | N/A | 0.01% | 0.30% | N/A |
Sales Fees
GAFYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
GAFYX 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.
GAFYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 115.00% | 0.00% | 491.00% | 81.45% |
GAFYX - Distributions
Dividend Yield Analysis
GAFYX | Category Low | Category High | GAFYX % Rank | |
---|---|---|---|---|
Dividend Yield | 9.19% | 0.00% | 4.56% | 79.86% |
Dividend Distribution Analysis
GAFYX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Quarterly | Annually |
Net Income Ratio Analysis
GAFYX | Category Low | Category High | GAFYX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.60% | -2.51% | 6.83% | 71.58% |
Capital Gain Distribution Analysis
GAFYX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 20, 2023 | $0.497 | OrdinaryDividend |
Apr 11, 2023 | $0.018 | OrdinaryDividend |
Dec 30, 2022 | $0.954 | OrdinaryDividend |
Dec 31, 2020 | $0.279 | OrdinaryDividend |
Dec 31, 2019 | $0.131 | OrdinaryDividend |
Dec 31, 2018 | $0.134 | OrdinaryDividend |
Apr 11, 2018 | $0.008 | ExtraDividend |
Dec 29, 2017 | $0.083 | OrdinaryDividend |
Apr 13, 2010 | $0.000 | ExtraDividend |
Apr 14, 2009 | $0.010 | ExtraDividend |
Dec 19, 2008 | $0.040 | OrdinaryDividend |
GAFYX - Fund Manager Analysis
Managers
Robert Rickard
Start Date
Tenure
Tenure Rank
Sep 30, 2008
13.67
13.7%
As a Portfolio Manager at AlphaSimplex, Mr. Rickard is responsible for managing the cash portion of the firm’s strategies. He has over 25 years of industry experience. Mr. Rickard joined AlphaSimplex in 2015. Prior to this, Mr. Rickard served as the Senior Vice President, Head of Portfolio Management and Trading, and Portfolio Manager at Reich & Tang Asset Management, LLC. Rickard focused on the management of short-term assets at Reich & Tang from 1992 to 2015. Mr. Rickard began managing the money market portion of AlphaSimplex’s products while at Reich & Tang Asset Management, and continues that work at AlphaSimplex. Mr. Rickard earned a B.S. in Accounting from Siena College and an M.B.A. from Pace University.
Peter Lee
Start Date
Tenure
Tenure Rank
May 01, 2010
12.09
12.1%
As a Senior Research Scientist at AlphaSimplex, Mr. Lee conducts applied research and product engineering. He also serves as a co-portfolio manager of certain mutual funds advised by AlphaSimplex. Mr. Lee joined AlphaSimplex in 2007. He specializes in hedge fund factor replication and modeling probabilistic dynamic systems using perspectives from probability, information theory, economics, and engineering. Much of Mr. Lee’s recent work involves designing representations of latent information that drive trading decisions. Mr. Lee earned an A.B. in Applied Mathematics (Decision and Control focus) with a minor in Economics from Harvard University. He also earned an S.M. in Operations Research from MIT. His master’s thesis presented a novel technique for constructing sparse high-dimensional Gaussian models.
Alexander Healy
Start Date
Tenure
Tenure Rank
Mar 05, 2014
8.24
8.2%
As Deputy Chief Investment Officer of AlphaSimplex, Dr. Healy is responsible for applied research and product engineering, including asset allocation, portfolio construction, and adaptive risk management strategies. Dr. Healy is a member of the Investment and Risk Committees and the Board of Directors. He also serves as a co-portfolio manager of certain mutual funds advised by AlphaSimplex. Dr. Healy joined AlphaSimplex in 2007 and has held the roles of Senior Research Scientist and Director of Strategic Research. He has developed various key elements of AlphaSimplex’s investment platform, including non-parametric investment models, volatility management overlays, and dynamic approaches to portfolio construction. Dr. Healy earned an A.B. in Mathematics and Computer Science from Harvard University, where he also received a Ph.D. in Theoretical Computer Science. His doctoral research focused on the uses of randomness in algorithms and cryptography, and introduced novel approaches to generating pseudo-random numbers together with new applications of these methods.
Philippe Lüdi
Start Date
Tenure
Tenure Rank
Mar 05, 2014
8.24
8.2%
As a Senior Research Scientist at AlphaSimplex, Dr. Lüdi conducts applied research and product engineering. He also serves as a co-portfolio manager of certain mutual funds advised by AlphaSimplex. Dr. Lüdi joined AlphaSimplex in 2006. He has been involved in system engineering as well as global macro strategies. Dr. Lüdi earned the equivalent of an M.A. in Molecular and Computational Biology from the University of Basel. He also received a M.Sc. in Statistics and a Ph.D. in Bioinformatics, both from Duke University. In his doctoral program, Dr. Lüdi applied a Monte Carlo approach to risk analysis and developed a machine-learning algorithm applied to medicine that was subsequently featured in The Wall Street Journal. Dr. Lüdi is also a CFA® Charterholder.
Kathryn Kaminski
Start Date
Tenure
Tenure Rank
Dec 31, 2020
1.41
1.4%
As Chief Research Strategist at AlphaSimplex, Dr. Kaminski conducts applied research, leads strategic research initiatives, focuses on portfolio construction and risk management, and engages in product development. She also serves as a co-portfolio manager for the AlphaSimplex Managed Futures Strategy. Dr. Kaminski joined AlphaSimplex in 2018 after being a visiting scientist at the MIT Laboratory for Financial Engineering. Prior to this, she held portfolio management positions as a director, investment strategies at Campbell and Company and as a senior investment analyst at RPM, a CTA fund of funds. Dr. Kaminski co-authored the book Trend Following with Managed Futures: The Search for Crisis Alpha (2014). Her research and industry commentary have been published in a wide range of industry publications as well as academic journals. She is a contributory author for both the CAIA and CFA reading materials. Dr. Kaminski has taught at the MIT Sloan School of Management, the Stockholm School of Economics and the Swedish Royal Institute of Technology, KTH. Dr. Kaminski earned a B.S. in Electrical Engineering and Ph.D. in Operations Research from MIT where her doctoral research focused on stochastic processes, stopping rules, and investment heuristics. Dr. Kaminski is also a CAIA® Charterholder.
Timothy Kang
Start Date
Tenure
Tenure Rank
Dec 31, 2020
1.41
1.4%
Mr. Kang joined AlphaSimplex in 2018 and currently serves as Research Scientist. Mr. Kang has served as co-portfolio manager of AlphaSimplex Global Alternatives Fund since 2020. Prior to joining AlphaSimplex, Mr. Kang was a trading intern at Susquehanna International Group. Mr. Kang also interned in machine learning at PsychSignal and worked as an undergraduate research assistant at the Harvard School of Engineering and Applied Sciences. Mr. Kang earned an A.B. in Statistics with a minor in Computer Science from Harvard University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.02 | 17.37 | 4.48 | 1.67 |