Morgan Creek Tactical Allocation Fund Class A (MAGTX)

9.58
Net Asset Value
+0.21%
1 Day
-0.62%
Year-to-Date
Overall Morningstar Rating
Multialternative
Style or Category
5.75
Sales Expenses
4.23%
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. Normally, the fund's portfolio contains 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+1.16% 3 years--
3 months-4.03% 5 years--
1 year-10.17% Since inception-2.97%
Data through --

Peer Comparisonvs. Multialternative

 MAGTXCategory
Performance 5-yr return--+3.65%
Expense ratio4.23%2.02%
Risk 5 year sharpe ratio--0.71
Net assets$40.4M$334.4M
Average market cap$13.1B$23.8B
Average P/E13.117.6
Portfolio turnover----

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Fund Management and Purchase Info

Fund familyMorgan Creek
Fund manager & tenureMark Yusko / 1 Years
Minimal initial investment$2,000.00
Minimum IRA investment$20,000.00

Holdings

International stock35.11%
U.S. stock30.22%
Cash27.90%
Fixed income6.65%
Other0.11%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
TQQQ ProShares UltraPro QQQ9.34%
SPXL Direxion Daily S&P500® Bull 3X Shares6.36%
IWM iShares Russell 2000 ETF5.65%
TLT iShares 20+ Year Treasury Bond ETF5.20%
AAL American Airlines4.90%
ACWX iShares MSCI ACWI ex U.S. ETF4.11%
AAPL Apple3.43%
YCS ProShares UltraShort Yen3.38%
MU Micron Technology Inc3.11%
UAL United Continental Holdings3.03%

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