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Trending ETFs

Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

-

$4.08 M

-

3.19%

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

N/A
N/A
N/A

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 of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

-

$4.08 M

-

3.19%

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%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Altegris Macro Strategy Fund
  • Fund Family Name
    Altegris
  • Inception Date
    Oct 20, 2011
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Matthew 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

  1. iShares iBoxx $ Invst Grade Crp Bond 24.06%
  2. Consumer Staples Select Sector SPDR® ETF 5.89%
  3. iShares iBoxx $ High Yield Corporate Bd 5.58%
  4. Industrial Select Sector SPDR® ETF 2.77%
  5. Consumer Discret Sel Sect SPDR® ETF 2.15%
  6. FHLBA 1.79%
  7. Materials Select Sector SPDR® ETF 1.59%
  8. Health Care Select Sector SPDR® ETF 1.16%
  9. iShares TIPS Bond 0.90%
  10. 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

Distributions History

View More +

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