Altegris Macro Strategy C
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
2.0%
3 Yr Avg Return
1.5%
5 Yr Avg Return
-3.1%
Net Assets
$4.08 M
Holdings in Top 10
46.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 3.19%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 747.00%
Redemption Fee 1.00%
Min Investment
Standard (Taxable)
$5,000
IRA
$5,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MCRCX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return 1.5%
- 5 Yr Annualized Total Return -3.1%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -1.64%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameAltegris Macro Strategy Fund
-
Fund Family NameAltegris
-
Inception DateOct 20, 2011
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMatthew C. Osborne
Fund Description
MCRCX - Performance
Return Ranking - Trailing
Period | MCRCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -8.9% | 19.8% | N/A |
1 Yr | 2.0% | -14.0% | 15.6% | N/A |
3 Yr | 1.5%* | -11.9% | 1.5% | N/A |
5 Yr | -3.1%* | -7.2% | 3.2% | N/A |
10 Yr | N/A* | -4.2% | -3.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | MCRCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -25.8% | 3.4% | N/A |
2022 | N/A | -23.4% | 16.7% | N/A |
2021 | N/A | -20.3% | 8.1% | N/A |
2020 | N/A | -17.7% | 6.6% | N/A |
2019 | N/A | -4.4% | 13.2% | N/A |
Total Return Ranking - Trailing
Period | MCRCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -8.9% | 19.8% | N/A |
1 Yr | 1.0% | -14.0% | 15.6% | N/A |
3 Yr | 1.5%* | -8.7% | 2.9% | N/A |
5 Yr | -3.1%* | -4.8% | 4.9% | N/A |
10 Yr | N/A* | -4.2% | -3.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | MCRCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -20.3% | 3.4% | N/A |
2022 | N/A | -23.4% | 19.4% | N/A |
2021 | N/A | -20.3% | 10.8% | N/A |
2020 | N/A | -17.7% | 10.2% | N/A |
2019 | N/A | -3.5% | 26.3% | N/A |
MCRCX - Holdings
Concentration Analysis
MCRCX | Category Low | Category High | MCRCX % Rank | |
---|---|---|---|---|
Net Assets | 4.08 M | 11 M | 5.57 B | N/A |
Number of Holdings | 41 | 6 | 888 | N/A |
Net Assets in Top 10 | 12.9 M | -1.97 B | 16.4 B | N/A |
Weighting of Top 10 | 46.42% | 0.0% | 20474.3% | N/A |
Top 10 Holdings
- iShares iBoxx $ Invst Grade Crp Bond 24.06%
- Consumer Staples Select Sector SPDR® ETF 5.89%
- iShares iBoxx $ High Yield Corporate Bd 5.58%
- Industrial Select Sector SPDR® ETF 2.77%
- Consumer Discret Sel Sect SPDR® ETF 2.15%
- FHLBA 1.79%
- Materials Select Sector SPDR® ETF 1.59%
- Health Care Select Sector SPDR® ETF 1.16%
- iShares TIPS Bond 0.90%
- Financial Select Sector SPDR® ETF 0.52%
Asset Allocation
Weighting | Return Low | Return High | MCRCX % Rank | |
---|---|---|---|---|
Bonds | 32.23% | -955.59% | 499.56% | N/A |
Cash | 30.42% | -483.04% | 7388.76% | N/A |
Other | 22.22% | -7288.76% | 126.88% | N/A |
Stocks | 15.09% | -61.27% | 52.92% | N/A |
Convertible Bonds | 0.02% | 0.00% | 1.12% | N/A |
Preferred Stocks | 0.01% | 0.00% | 0.00% | N/A |
Stock Sector Breakdown
Weighting | Return Low | Return High | MCRCX % Rank | |
---|---|---|---|---|
Consumer Defense | 5.70% | 0.00% | 2.28% | N/A |
Industrials | 2.70% | 0.00% | 3.26% | N/A |
Consumer Cyclical | 2.06% | 0.00% | 2.98% | N/A |
Basic Materials | 1.43% | 0.00% | 3.25% | N/A |
Healthcare | 1.41% | 0.00% | 2.76% | N/A |
Financial Services | 0.51% | 0.00% | 10.00% | N/A |
Utilities | 0.45% | 0.00% | 1.60% | N/A |
Energy | 0.36% | 0.00% | 3.42% | N/A |
Communication Services | 0.24% | 0.00% | 1.45% | N/A |
Real Estate | 0.18% | 0.00% | 0.79% | N/A |
Technology | 0.06% | 0.00% | 5.69% | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MCRCX % Rank | |
---|---|---|---|---|
US | 15.08% | -61.27% | 26.44% | N/A |
Non US | 0.01% | -0.01% | 49.12% | N/A |
Bond Sector Breakdown
Weighting | Return Low | Return High | MCRCX % Rank | |
---|---|---|---|---|
Corporate | 29.51% | 0.00% | 45.66% | N/A |
Derivative | 13.90% | -86.27% | 11.65% | N/A |
Cash & Equivalents | 8.52% | -452.21% | 7388.76% | N/A |
Government | 2.83% | -955.59% | 457.08% | N/A |
Securitized | 0.02% | 0.00% | 51.30% | N/A |
Municipal | 0.00% | 0.00% | 1.70% | N/A |
Bond Geographic Breakdown
Weighting | Return Low | Return High | MCRCX % Rank | |
---|---|---|---|---|
US | 26.96% | -955.59% | 499.56% | N/A |
Non US | 5.27% | 0.00% | 192.46% | N/A |
MCRCX - Expenses
Operational Fees
MCRCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 3.19% | 1.15% | 3.24% | N/A |
Management Fee | 1.50% | 0.85% | 2.99% | N/A |
12b-1 Fee | 1.00% | 0.00% | 1.00% | N/A |
Administrative Fee | 0.10% | 0.09% | 0.40% | N/A |
Sales Fees
MCRCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 4.75% | 5.75% | N/A |
Deferred Load | 1.00% | 1.00% | 1.00% | N/A |
Trading Fees
MCRCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 1.00% | 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.
MCRCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 747.00% | 0.00% | 529.00% | N/A |
MCRCX - Distributions
Dividend Yield Analysis
MCRCX | Category Low | Category High | MCRCX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 0.08% | N/A |
Dividend Distribution Analysis
MCRCX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Monthly | Annually |
Net Income Ratio Analysis
MCRCX | Category Low | Category High | MCRCX % Rank | |
---|---|---|---|---|
Net Income Ratio | -1.64% | -2.78% | 1.33% | N/A |
Capital Gain Distribution Analysis
MCRCX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
MCRCX - Fund Manager Analysis
Managers
Matthew C. Osborne
Start Date
Tenure
Tenure Rank
Jun 01, 2011
5.92
5.9%
Mr. Osborne is a Founder of Altegris Advisors, LLC, and has served as its Chief Investment Officer since January 2016, and was previously its Executive Vice President since its founding in February 2010 to June 2015, and Co-President from June 2015, to January 2016. From July 2002 to December 2014, he also served as Director and Vice President of Altegris Funds. He also serves as a manager and Executive Vice President of Altegris Clearing Solutions and, until December 2014, of Altegris Futures. Mr. Osborne brings more than 22 years of international business and financial market experience to his role in directing the managed futures strategies and related strategic initiatives for the firm. Mr. Osborne was Director of Research for the Managed Investments Division of Man Financial. Previous to his role at Man Financial, Mr. Osborne served as Investment Manager for a family office in his native New Zealand where he was responsible for formulating investment policies and implementing a global asset allocation program that specialized in alternative investment strategies such as hedge funds and managed futures.
John H. Tobin
Start Date
Tenure
Tenure Rank
Jun 01, 2011
5.92
5.9%
John H. Tobin, Managing Director, is the Head of Portfolio Management for the Global Liquidity business at J.P. Morgan Asset Management. In this role, John and his team are responsible for the management of all liquidity strategies globally. John also co-chairs JP Morgan and Global Cash Investment Policy Committee. Prior to joining the firm, he was a principal and senior portfolio manager at State Street Global Advisors. Prior to that, John spent eight years at the Dreyfus Corporation trading money market securities. John earned a B.B.A in finance from Hofstra University. John holds his M.B.A from the Massachusetts Institute of Technology, for which he now serves on its MIT Sloan Alumni Board.
Eric Bundonis
Start Date
Tenure
Tenure Rank
Jul 31, 2014
2.75
2.8%
Mr. Bundonis has served as Vice President, Co-Director of Research and Investments of the Altegris Advisors, L.L.C. since February 2012. His responsibilities include portfolio management, manager sourcing, research, and due diligence across a wide variety of alternative strategies. Mr. Bundonis brings over 10 years of alternative investment experience. From July 2009 to January 2012, Mr. Bundonis served as Vice President, Senior Research Analyst for Altegris Investments, Inc. Prior to joining Altegris Investments, Inc. in 2009, Mr. Bundonis was an Associate at OneCapital Management Partners in New York. As a member of OneCapital's investment committee, Mr. Bundonis was responsible for identifying, selecting, and monitoring investments for multi-manager funds of hedge funds serving institutional and high net worth investors. Mr. Bundonis graduated from Middlebury College with a BA in History and attended the Post-Baccalaureate Program in Business at Columbia University. He is also a Chartered Financial Analyst and a member of the New York Society of Security Analysts.
Pinaki Chatterjee
Start Date
Tenure
Tenure Rank
Feb 20, 2015
2.19
2.2%
Dr. Chatterjee has been PhaseCapital’s Director of Research since November, 2012. Prior to joining PhaseCapital, from March 2006 through August 2012, Dr. Chatterjee was a Director at Bank of America Merrill Lynch's Global Foreign Exchange and Electronic Trading Services division, where he was the principal quant-trader of the team responsible for the bank's FX e-platform, including automated market-making, client pricing, risk management, hedging, algorithmic execution strategies, and client profitability analysis. Before that, Dr. Chatterjee co-founded Financial Labs, a pioneering firm in algorithmic high- frequency FX trading; it was one of the first proprietary trading firms to be permitted to trade on the primary ECNs for FX, EBS and Reuters. Financial Labs was acquired by Bank of America in 2006. Dr. Chatterjee holds B.A. and M.Sci. degrees in physics from Cambridge University, and a Ph.D. in astronomy from Harvard University.
David Korsnack
Start Date
Tenure
Tenure Rank
Jul 29, 2015
1.76
1.8%
Mr. Korsnack is a Partner and Portfolio Manager At PhaseCapital. Mr. Korsnack has been with PhaseCapital since 2008 where he has gained extensive experience related to building algorithmic trading technology, implementation of execution strategy, trade optimization, understanding market micro-structure, and managing vendor relationships. Prior to PhaseCapital, Mr. Korsnack worked in several groups within AT&T including trading currencies for the treasury department, performing manager due diligence for the corporate pension, and building financial models to support global business case development and decision making. Mr. Korsnack is a member of the Global Association of Risk Professionals (GARP), received his Financial Risk Manager (FRM) designation in 2010 and graduated Magna Cum Laude from Boston University with a Bachelor of Science in Business Administration with both concentrations in Finance and Entrepreneurship
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.01 | 12.34 | 4.63 | 2.32 |