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Morgan Creek Tactical Allocation Fund Class A (MAGTX)

8.00
Net Asset Value
+0.13%
1 Day
+1.65%
Year-to-Date
Overall Morningstar Rating
Multialternative
Style or Category
5.75
Sales Expenses
3.58%
Expense Ratio
High
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+1.52% 3 years-8.58%
3 months+0.38% 5 years--
1 year+2.57% Since inception-6.09%
Data through --

Peer Comparisonvs. Multialternative

 MAGTXCategory
Performance 5-yr return--+3.14%
Expense ratio3.58%1.86%
Risk 5 year sharpe ratio--0.64
Net assets$14.0M$410.8M
Average market cap$20.1B$22.8B
Average P/E16.321.2
Portfolio turnover228%228%

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Fund Management and Purchase Info

Fund familyMorgan Creek
Fund manager & tenureMark Yusko / 3 Years
Minimal initial investment$2,000.00
Minimum IRA investment$20,000.00

Holdings

Cash36.84%
International stock29.43%
Fixed income18.35%
U.S. stock15.33%
Other0.05%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
AGG iShares Core U.S. Aggregate Bond ETF12.91%
EWJ iShares MSCI Japan ETF5.92%
SPY SPDR® S&P 500 ETF4.49%
USO United States Oil Fund, LP3.32%
EWG iShares MSCI Germany ETF2.78%
GLD SPDR® Gold Shares2.66%
TLT iShares 20+ Year Treasury Bond ETF2.55%
DXJ WisdomTree Japan Hedged Equity Fund2.26%
EWU iShares MSCI United Kingdom ETF2.24%
EMB iShares J.P. Morgan USD Emerging Markets Bond ETF2.17%