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
Currency: US Dollar ($)
Category: Multistrategy
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock US | 48.31 | 0.00 | 48.31 |
| Cash | 40.72 | 5.21 | 35.51 |
| Bond | 11.47 | 3.43 | 8.04 |
| Stock non-US | 26.63 | 19.70 | 6.93 |
| Other | 38.62 | 37.41 | 1.21 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Technology | 17.56 | 12.40 |
| Financial Services | 13.96 | 17.24 |
| Healthcare | 12.78 | 12.01 |
| Industrials | 12.67 | 10.09 |
| Consumer Cyclicals | 11.27 | 12.49 |
| Communication Services | 7.95 | 6.05 |
| Basic Materials | 7.15 | 4.65 |
| Energy | 6.51 | 8.34 |
| Consumer Defensive | 4.25 | 6.28 |
| Real Estate | 3.23 | 6.11 |
| Utilities | 2.69 | 4.37 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| North America | 69.35 | 87.51 |
| Europe Developed | 14.42 | 2.95 |
| Japan | 5.69 | 0.83 |
| Asia Developed | 4.09 | 2.43 |
| United Kingdom | 3.90 | 0.91 |
| Australasia | 1.99 | 0.56 |
| Latin America | 0.56 | 0.61 |
| Asia Emerging | 0.00 | 3.53 |
| Europe Emerging | 0.00 | 0.12 |
| Africa/Middle East | 0.00 | 0.56 |