Belvedere Alternative Income Fund Class I (BELIX)

Net Asset Value
1 Day
Overall Morningstar Rating
Market neutral
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation and capital preservation. Under normal circumstances, the fund invests primarily in: cash and cash equivalents, including high-quality short-term (3 months or less) fixed income securities such as U.S. Treasury securities; and long and short call and put options on Standard & Poor's 500 Index ("S&P") futures contracts. It generally seeks to achieve its capital preservation objective by investing a majority of the fund's assets in U.S. Treasury securities that do not serve as margin collateral for its credit-option-spread trading. The fund is non-diversified.


1 month-0.20% 3 years--
3 months-0.59% 5 years--
1 year-0.57% Since inception+2.00%
Data through --

Peer Comparisonvs. Market neutral

Performance 5-yr return--+1.58%
Expense ratio10.72%1.81%
Risk 5 year sharpe ratio--0.26
Net assets$1.5M$670.9M
Average market cap--$33.0B
Average P/E--17.2
Portfolio turnover----

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyBelvedere
Fund manager & tenureKeith Pagan / 0 Years
Minimal initial investment$100,000.00
Minimum IRA investment--


International stock100.00%
U.S. stock0.00%
Fixed income0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
Holdings not available.

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.