Abbey Capital Multi Asset I
- MAFIX
- Price as of: Apr 16, 2021
-
$11.91
N/A N/A
- Primary Theme
- Managed Futures
- Fund Company
- Abbey Capital
- Share Class
MAFIX - Snapshot
Vitals
- YTD Return 12.0%
- 3 Yr Annualized Return N/A
- 5 Yr Annualized Return N/A
- Net Assets $61.8 M
- Holdings in Top 10 N/A
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 2.45%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 0.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $1,000,000
- IRA N/A
Fund Classification
-
Primary Theme
Managed Futures
- Fund Type Open End Mutual Fund
- Investment Style Managed Futures
MAFIX - Profile
Distributions
- YTD Total Return 12.0%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.76%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameAbbey Capital Multi Asset Fund
-
Fund Family NameAbbey Capital
-
Inception DateApr 11, 2018
-
Shares Outstanding5321534
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMick Swift
Fund Description
The fund allocates its assets among a "Managed Futures" strategy, a "Long U.S. Equity" strategy and a "Fixed Income" strategy. The Managed Futures strategy will be achieved by the fund investing in managed futures investments. The Long U.S. Equity strategy will be achieved by the adviser targeting an allocation of approximately 50% of the fund's total assets in a portfolio of one or more U.S. equity index futures. The fund is non-diversified.
MAFIX - Performance
Return Ranking - Trailing
Period | MAFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 12.0% | -6.1% | 12.0% | 1.06% |
1 Yr | 36.5% | -16.1% | 36.5% | 1.08% |
3 Yr | N/A* | -7.9% | 13.3% | N/A |
5 Yr | N/A* | -5.3% | 10.0% | N/A |
10 Yr | N/A* | -2.4% | 4.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | MAFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 12.9% | -16.4% | 12.9% | 1.08% |
2019 | 8.0% | -9.3% | 17.5% | 10.87% |
2018 | N/A | -25.8% | 2.2% | N/A |
2017 | N/A | -5.1% | 21.0% | N/A |
2016 | N/A | -20.3% | 4.6% | N/A |
Total Return Ranking - Trailing
Period | MAFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 12.0% | -6.1% | 12.0% | 1.06% |
1 Yr | 36.5% | -20.3% | 36.5% | 1.08% |
3 Yr | N/A* | -9.0% | 11.1% | N/A |
5 Yr | N/A* | -5.7% | 8.7% | N/A |
10 Yr | N/A* | -2.4% | 4.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | MAFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 12.9% | -16.4% | 12.9% | 1.08% |
2019 | 8.0% | -9.3% | 17.5% | 10.87% |
2018 | N/A | -20.3% | 2.5% | N/A |
2017 | N/A | -5.1% | 21.0% | N/A |
2016 | N/A | -20.3% | 6.7% | N/A |
NAV & Total Return History
MAFIX - Holdings
Concentration Analysis
MAFIX | Category Low | Category High | MAFIX % Rank | |
---|---|---|---|---|
Net Assets | 61.8 M | 2.12 M | 1.74 B | 63.83% |
Number of Holdings | 248 | 3 | 876 | 32.98% |
Net Assets in Top 10 | 3.74 M | -284 M | 2.04 B | 77.66% |
Weighting of Top 10 | N/A | 20.3% | 96.5% | 18.18% |
Top 10 Holdings
- E-mini S&P 500 Future Sept 20 62.25%
- E-mini S&P 500 Future Sept 20 62.25%
- E-mini S&P 500 Future Sept 20 62.25%
- E-mini S&P 500 Future Sept 20 62.25%
- E-mini S&P 500 Future Sept 20 62.25%
- E-mini S&P 500 Future Sept 20 62.25%
- E-mini S&P 500 Future Sept 20 62.25%
- E-mini S&P 500 Future Sept 20 62.25%
- E-mini S&P 500 Future Sept 20 62.25%
- E-mini S&P 500 Future Sept 20 62.25%
Asset Allocation
Weighting | Return Low | Return High | MAFIX % Rank | |
---|---|---|---|---|
Stocks | 63.17% | -1.78% | 63.17% | 1.06% |
Other | 26.64% | 0.00% | 58.63% | 36.17% |
Cash | 24.99% | -735.41% | 117.03% | 57.45% |
Preferred Stocks | 0.00% | 0.00% | 0.13% | 30.85% |
Convertible Bonds | 0.00% | 0.00% | 2.20% | 41.49% |
Bonds | -14.81% | -50.36% | 772.87% | 88.30% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MAFIX % Rank | |
---|---|---|---|---|
Technology | 22.56% | 0.00% | 45.08% | 26.56% |
Financial Services | 14.72% | 0.00% | 30.46% | 54.69% |
Consumer Cyclical | 13.02% | 0.00% | 21.37% | 57.81% |
Healthcare | 12.52% | 0.00% | 16.51% | 10.94% |
Communication Services | 10.39% | 0.03% | 20.13% | 37.50% |
Industrials | 9.22% | 0.00% | 17.73% | 48.44% |
Consumer Defense | 6.05% | 0.00% | 14.38% | 64.06% |
Basic Materials | 3.82% | 0.00% | 12.01% | 68.75% |
Energy | 2.76% | 0.00% | 6.41% | 65.63% |
Utilities | 2.47% | 0.00% | 4.63% | 42.19% |
Real Estate | 2.46% | 0.27% | 99.97% | 31.25% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MAFIX % Rank | |
---|---|---|---|---|
US | 54.77% | -5.85% | 54.77% | 1.06% |
Non US | 8.40% | 0.00% | 39.08% | 44.68% |
Bond Sector Breakdown
Weighting | Return Low | Return High | MAFIX % Rank | |
---|---|---|---|---|
Derivative | 43.73% | 0.00% | 63.99% | 12.77% |
Government | 38.31% | 0.00% | 82.10% | 50.00% |
Cash & Equivalents | 17.96% | 1.04% | 100.00% | 68.09% |
Securitized | 0.00% | 0.00% | 64.73% | 41.49% |
Corporate | 0.00% | 0.00% | 31.20% | 45.74% |
Municipal | 0.00% | 0.00% | 6.83% | 32.98% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | MAFIX % Rank | |
---|---|---|---|---|
US | 60.98% | -169.44% | 233.08% | 21.28% |
Non US | -75.79% | -77.11% | 658.37% | 98.94% |
MAFIX - Expenses
Operational Fees
MAFIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.45% | 0.75% | 9.89% | 26.88% |
Management Fee | 1.77% | 0.65% | 2.99% | 92.55% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.09% | 0.45% | N/A |
Sales Fees
MAFIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
MAFIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | 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.
MAFIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 0.00% | 0.00% | 198.00% | 7.14% |
MAFIX - Distributions
Dividend Yield Analysis
MAFIX | Category Low | Category High | MAFIX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 0.00% | 21.28% |
Dividend Distribution Analysis
MAFIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Monthly | Annually |
Net Income Ratio Analysis
MAFIX | Category Low | Category High | MAFIX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.76% | -3.14% | 1.55% | 66.67% |
Capital Gain Distribution Analysis
MAFIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
MAFIX - Fund Manager Analysis
Managers
Mick Swift
Start Date
Tenure
Tenure Rank
Apr 11, 2018
2.97
3.0%
As Research Director, and voting member of the Investment Committee, Mick manages and oversees Abbey Capital’s research and risk management processes as well as portfolio construction. He joined Abbey Capital in May 2002 after fifteen years as a trader and manager of trading teams. Prior to joining Abbey Capital, Mick was a Director at Allied Irish Capital Management (AICM) from 1998 to 2002. While at AICM, he worked in a trading capacity and also on product research and risk management. Previously, Mick was the Head of FX and European Interest Rate Trading at Bank of Ireland in Dublin from 1997 to 1998. Prior to that, Mick was Treasurer and EVP at Bank of Ireland’s New York Branch, where he ran the trading and sales operation from 1994 to 1997. In 1992, he became Head of Interest Rate trading at the bank. Mick initially joined the Treasury Division of Bank of Ireland in 1984 where he traded foreign exchange and interest rate markets on a proprietary basis. Mick graduated with a Bachelors Degree in Commerce from University College Galway and holds an ACMA qualification
Anthony Gannon
Start Date
Tenure
Tenure Rank
Apr 11, 2018
2.97
3.0%
Tony Gannon is Chief Executive Officer and Chief Investment Officer of Abbey Capital Limited, the Dublin-based alternative investment specialist. Tony founded Abbey Capital in 2000 with a vision to create an alternative investment business providing multi-manager funds specializing in the managed futures and foreign exchange sectors of the hedge fund industry. Over its nineteen-year history, Tony has overseen Abbey Capital’s growth from a start-up to a global company which is currently one of the largest independent allocators in the Commodity Trading Advisor (CTA) industry. Prior to founding Abbey Capital, Tony was a co-founder of Allied Irish Capital Management (AICM), a Dublin-based CTA, in conjunction with Allied Irish Banks. He helped to grow AICM to become one of the largest European CTAs, with funds under management growing from an initial $50 million to in excess of $1.4 billion. Tony has more than 25 years’ investment experience in the managed futures industry. He is globally recognized and acknowledged as a leader in the industry. He is a regular guest speaker at alternative investment industry conferences. Tony graduated with a Bachelor of Commerce degree and a Masters in Business Studies with Finance from University College Dublin, Ireland.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.16 | 14.09 | 5.41 | 5.06 |