Description: The investment seeks absolute return. The fund seeks to achieve its investment goal by allocating its assets across two underlying alternative investment strategies, which represent top-down and bottom-up approaches to capturing factor-based risk premia. Through the two strategies, it may invest in or obtain exposure to: (i) equity securities (which may include common stocks and preferred stocks), (ii) debt securities (which may include bonds, notes, debentures, banker's acceptances and commercial paper), (iii) commodity-linked derivative instruments and (iv) currency-related derivative instruments.
Exchange: NYSE ARCA
Country: US : United States of America
Currency: US Dollar ($)
Category: Multistrategy
Asset Allocation | |||
---|---|---|---|
Asset Class | Long % | Short % | Net Assets |
Cash | 51.99 | 1.97 | 50.02 |
Stock US | 49.96 | 4.68 | 45.28 |
Stock non-US | 16.55 | 10.43 | 6.12 |
Other | 43.31 | 41.66 | 1.65 |
Bond | 15.18 | 18.25 | -3.07 |
Sector Weights | ||
---|---|---|
Sector | Equity % | Relative to Category |
Technology | 25.67 | 16.19 |
Healthcare | 13.25 | 10.72 |
Financial Services | 12.22 | 15.85 |
Industrials | 10.80 | 13.50 |
Consumer Cyclicals | 10.18 | 11.95 |
Communication Services | 7.46 | 5.91 |
Consumer Defensive | 6.95 | 6.60 |
Basic Materials | 4.21 | 4.59 |
Energy | 4.03 | 5.86 |
Utilities | 3.05 | 4.35 |
Real Estate | 2.19 | 4.48 |
World Regions | ||
---|---|---|
Region | Equity % | Relative to Category |
North America | 77.56 | 82.51 |
Europe Developed | 8.88 | 5.59 |
Japan | 7.90 | 3.81 |
United Kingdom | 3.30 | 2.19 |
Asia Developed | 1.73 | 1.64 |
Latin America | 0.30 | 0.58 |
Australasia | 0.23 | 0.54 |
Africa/Middle East | 0.12 | 0.54 |
Asia Emerging | 0.00 | 2.51 |
Europe Emerging | 0.00 | 0.11 |