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Morgan Creek Tactical Allocation Fund Class A (MAGTX)

8.01
Net Asset Value
-0.12%
1 Day
-2.55%
Year-to-Date
Overall Morningstar Rating
Multialternative
Style or Category
5.75
Sales Expenses
3.58%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks long-term total investment returns (capital gains plus income). To achieve the fund's investment objective, the Adviser incorporates a broad set of global strategies that allow for the tactical allocation of fund assets across multiple markets, asset classes, geographies and sectors in response to changing market and economic conditions. Under normal circumstances, the fund's portfolio contains equity securities and may contain a mix of equity and fixed income securities. It may invest up to 50% of its assets in options, futures and convertible securities.

Performance

1 month+0.88% 3 years--
3 months+3.36% 5 years--
1 year-6.65% Since inception-6.70%
Data through --

Peer Comparisonvs. Multialternative

 MAGTXCategory
Performance 5-yr return--+1.83%
Expense ratio3.58%1.93%
Risk 5 year sharpe ratio--0.40
Net assets$22.5M$432.7M
Average market cap$23.9B$18.5B
Average P/E14.518.3
Portfolio turnover228%228%

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Fund Management and Purchase Info

Fund familyMorgan Creek
Fund manager & tenureMark Yusko / 2 Years
Minimal initial investment$2,000.00
Minimum IRA investment$20,000.00

Holdings

Fixed income31.20%
Cash27.66%
International stock25.24%
U.S. stock15.89%
Other0.01%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
AGG iShares Core US Aggregate Bond ETF15.46%
TLT iShares 20+ Year Treasury Bond ETF9.84%
USO United States Oil Fund LP5.95%
GLD SPDR Gold Trust3.63%
-- 3.58%
EWU iShares MSCI United Kingdom ETF3.53%
IWB iShares Russell 1000 Index Fund3.53%
EWJ iShares MSCI Japan ETF3.50%
IBB iShares Nasdaq Biotechnology ETF3.38%
EWQ iShares MSCI France ETF3.06%