Morgan Creek Tactical Allocation Fund Class A (MAGTX)

10.40
Net Asset Value
-0.57%
1 Day
0.00%
Year-to-Date
Overall Morningstar Rating
World allocation
Style or Category
5.75
Sales Expenses
2.09%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks long-term total investment returns (capital gains plus income). The fund advisor will incorporate 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. It will invest in an actively managed portfolio of global securities with the goal of achieving a lower level of volatility than traditional equity benchmarks. The fund may invest up to 50% of its assets in options, futures and convertible securities.

Performance

1 month-1.52% 3 years--
3 months+0.10% 5 years--
1 year-- Since inception+5.90%
Data through --

Peer Comparisonvs. World allocation

 MAGTXCategory
Performance 5-yr return--+11.44%
Expense ratio2.09%1.43%
Risk 5 year sharpe ratio--1.06
Net assets$48.1M$3.2B
Average market cap$18.9B$33.5B
Average P/E13.316.3
Portfolio turnover----

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Fund Management and Purchase Info

Fund familyMorgan Creek
Fund manager & tenureMark Yusko / 0 Years
Minimal initial investment$2,000.00
Minimum IRA investment$20,000.00

Holdings

U.S. stock52.84%
Cash29.27%
International stock15.27%
Fixed income5.81%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
SSO ProShares Ultra S&P50013.40%
QLD ProShares Ultra QQQ5.50%
ACWX iShares MSCI ACWI ex US Index4.71%
TLT iShares 20+ Year Treasury Bond3.67%
DXJ WisdomTree Japan Hedged Equity3.51%
NUS Nu Skin Enterprises, Inc. Class A3.05%
MU Micron Technology, Inc.2.63%
SMFG Sumitomo Mitsui Financial Group Inc ADR2.58%
AAMC Altisource Asset Management Corporation2.47%
VIPS Vipshop Holdings Ltd ADR2.34%

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