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Trending ETFs

Name

As of 03/27/2024

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

$6.26

$4.73 M

0.00%

$0.00

2.99%

Vitals

YTD Return

0.0%

1 yr return

0.0%

3 Yr Avg Return

-5.5%

5 Yr Avg Return

3.7%

Net Assets

$4.73 M

Holdings in Top 10

2.0%

52 WEEK LOW AND HIGH

$6.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.99%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 0.00%

Redemption Fee 1.00%


Min Investment

Standard (Taxable)

$100,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/27/2024

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

$6.26

$4.73 M

0.00%

$0.00

2.99%

SUPIX - Profile

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return -5.5%
  • 5 Yr Annualized Total Return 3.7%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.04%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Superfund Managed Futures Strategy Fund
  • Fund Family Name
    Superfund
  • Inception Date
    Dec 31, 2013
  • Shares Outstanding
    N/A
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Tennyson Briggs

Fund Description

To pursue its investment objective, the Fund uses a managed futures strategy and principally invests in U.S. and international, including emerging market, commodity and financial futures and foreign currency markets. The Fund seeks investment opportunities across many market sectors, including: currencies, interest rates, bonds, stock indices, metals, energy, grains and agricultural sectors. The Fund will typically have exposure to long and short positions across all four major asset classes (commodities, currencies, fixed income and equities), but at any one time the Fund may emphasize certain asset classes or certain exposures within an asset class. The Fund may enter into hedging transactions to seek to manage portfolio risk. The Fund will also invest in fixed income securities to seek income, as margin or collateral for other Fund investments, and for liquidity purposes.

To implement its strategy, the Fund uses fully automated, proprietary, computerized trading systems that examine a broad array of investments around the world and seek to identify market patterns that offer attractive investment opportunities. Superfund Advisors Inc.’s (“Superfund” or the “Adviser”) trading strategy analyzes data from more than 120 different futures and forward markets worldwide on an ongoing basis and also analyzes risks related to position size, market correlation, and market volatility of potential investments. The Adviser seeks to identify investments through a four-point philosophy that takes into account (1) market diversification, (2) technical analysis, (3) trading models incorporating trend following, pattern recognition, volatility, momentum and counter-trend strategies and (4) money management. The Adviser seeks to identify opportunities to capitalize on trends and market fluctuations in both the short- and long-term in the futures markets. These investment opportunities may last from days to months.

The Fund will invest in a variety of derivative instruments including futures and option contracts, forward contracts, and swaps, including total return swaps. The Fund may invest in both exchange-traded derivatives and over the counter (“OTC”) derivatives. In addition to investing directly in derivatives and other types of investments, the Fund may also gain exposure to futures markets through investments in the Superfund Managed Futures Strategy (Cayman) Fund Ltd., a wholly-owned subsidiary of the Fund organized under the laws of the Cayman Islands (the “Subsidiary”). The Fund intends to make investments through the Subsidiary and may invest up to 25% of its total assets in the Subsidiary.

To the extent the Fund invests in commodity-linked derivatives, it will do so primarily through the Subsidiary. Generally, the Subsidiary will invest primarily in commodity futures, either directly or by entering into total return swap agreements tied to commodity futures, but it may also invest in financial futures, options, other swap contracts, fixed income securities, pooled investment vehicles, including those that are not registered pursuant to the Investment Company Act of 1940, as amended (the “1940 Act”), and other investments intended to serve as margin or collateral for the Subsidiary’s derivative positions.

Although the Fund normally does not engage in any direct borrowing, leverage is inherent in the derivatives it trades. Leverage magnifies exposure to the swings in prices of the reference asset underlying a derivative and results in increased volatility, which means the Fund will generally have the potential for greater gains, as well as the potential for greater losses, than a fund that does not use derivatives.

The fixed-income securities in which the Fund may invest may have any maturity and may include, corporate bonds and other corporate debt securities, asset-backed securities, securities issued by the U.S. government or its agencies and instrumentalities, securities issued by non-U.S. governments or their agencies and instrumentalities, money market securities and other interest-bearing instruments or any derivative instrument meant to track the return of any such instrument, and cash.

The Adviser generally expects that the Fund’s performance will have a low correlation to the performance of the general global equity, fixed income, currency and commodity markets; however, the Fund’s performance may correlate to the performance of any one or more of those markets over short-term periods.

The Fund may engage in active and frequent trading.

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SUPIX - Performance

Return Ranking - Trailing

Period SUPIX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -7.4% 14.6% 14.89%
1 Yr 0.0% -16.1% 36.5% 19.35%
3 Yr -5.5%* -7.9% 13.3% 1.12%
5 Yr 3.7%* -5.3% 10.0% 1.20%
10 Yr 2.7%* -2.4% 4.3% N/A

* Annualized

Return Ranking - Calendar

Period SUPIX Return Category Return Low Category Return High Rank in Category (%)
2023 -12.2% -16.4% 12.9% 58.06%
2022 -13.0% -9.3% 17.5% 8.70%
2021 -9.0% -25.8% 2.2% 70.93%
2020 0.4% -5.1% 21.0% 17.11%
2019 14.4% -20.3% 4.6% 90.14%

Total Return Ranking - Trailing

Period SUPIX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -7.4% 14.6% 15.96%
1 Yr 0.0% -20.3% 36.5% 33.33%
3 Yr -5.5%* -9.0% 11.1% 1.12%
5 Yr 3.7%* -5.7% 8.7% 1.20%
10 Yr 2.7%* -2.4% 4.3% N/A

* Annualized

Total Return Ranking - Calendar

Period SUPIX Return Category Return Low Category Return High Rank in Category (%)
2023 -12.2% -16.4% 12.9% 58.06%
2022 -7.3% -9.3% 17.5% 8.70%
2021 10.5% -20.3% 2.5% 72.09%
2020 13.5% -5.1% 21.0% 17.11%
2019 28.8% -20.3% 6.7% 92.96%

NAV & Total Return History


SUPIX - Holdings

Concentration Analysis

SUPIX Category Low Category High SUPIX % Rank
Net Assets 4.73 M 2.12 M 1.74 B 84.04%
Number of Holdings 264 3 876 54.26%
Net Assets in Top 10 153 K -100 M 2.04 B 81.91%
Weighting of Top 10 1.97% 20.3% 94.0% 96.30%

Top 10 Holdings

  1. SPI 200 FUTURES Dec23 0.34%
  2. JPN YEN CURR FUT Dec23 0.28%
  3. SP/TSX 60 IX FUT Dec23 0.23%
  4. LME COPPER FUTURE Dec23 0.20%
  5. CATTLE FEEDER FUT Jan24 0.19%
  6. JPN 10Y BOND(OSE) Dec23 0.18%
  7. CURRENCY CONTRACT - USD 0.14%
  8. US 10YR NOTE (CBT)Dec23 0.14%
  9. AUST 10Y BOND FUT Dec23 0.13%
  10. COCOA FUTURE - IC Dec23 0.13%

Asset Allocation

Weighting Return Low Return High SUPIX % Rank
Cash
98.93% -687.11% 117.03% 24.47%
Other
1.07% 0.00% 58.63% 41.49%
Stocks
0.00% -1.78% 72.26% 89.36%
Preferred Stocks
0.00% 0.00% 0.13% 68.09%
Convertible Bonds
0.00% 0.00% 2.27% 70.21%
Bonds
0.00% -50.36% 717.59% 81.91%

SUPIX - Expenses

Operational Fees

SUPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.99% 0.75% 12.88% 11.83%
Management Fee 2.99% 0.65% 2.99% 97.87%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.09% 0.45% N/A

Sales Fees

SUPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% 40.91%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

SUPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 1.00% 1.00% 1.00% 50.00%

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.

SUPIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 0.00% 0.00% 198.00% 17.14%

SUPIX - Distributions

Dividend Yield Analysis

SUPIX Category Low Category High SUPIX % Rank
Dividend Yield 0.00% 0.00% 0.00% 63.83%

Dividend Distribution Analysis

SUPIX Category Low Category High Category Mod
Dividend Distribution Frequency None Annually Quarterly Annually

Net Income Ratio Analysis

SUPIX Category Low Category High SUPIX % Rank
Net Income Ratio 0.04% -3.14% 1.55% 15.05%

Capital Gain Distribution Analysis

SUPIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

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SUPIX - Fund Manager Analysis

Managers

Tennyson Briggs


Start Date

Tenure

Tenure Rank

Aug 13, 2021

0.8

0.8%

Tennyson Briggs has worked within the Superfund Group of affiliated companies for almost twenty (20) years. As a Microsoft Certified Professional Developer, he managed a team of in-house software developers, working on important infrastructure systems used throughout the trading process, including tools for Data Analysis, Order Management, Allocation Fairness Algorithms, Back-office Trade Reconciliation and Fund Accounting. Mr. Briggs is a citizen of Grenada, West Indies.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.16 14.09 5.41 5.06