Altegris Managed Futures Strategy Fund (MFTOX)

8.25
Net Asset Value
-0.36%
1 Day
-2.94%
Year-to-Date
Overall Morningstar Rating
Managed futures
Style or Category
5.75
Sales Expenses
2.04%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks to achieve positive absolute returns in rising and falling equity markets; the fund's secondary investment objective is to achieve its primary investment objective with less volatility than major equity market indices. The fund allocates its assets using Managed Futures Strategy and Fixed Income Strategy. The Managed Futures strategy is designed to capture returns related to trends in the commodity and financial futures markets. The Fixed Income strategy is designed to generate interest income and capital appreciation with the objective to diversify the returns under the Managed Futures strategy.

Performance

1 month0.00% 3 years-1.07%
3 months-8.81% 5 years+0.19%
1 year0.00% Since inception-0.27%
Data through --

Peer Comparisonvs. Managed futures

 MFTOXCategory
Performance 5-yr return+0.19%+2.12%
Expense ratio2.04%1.97%
Risk 5 year sharpe ratio0.070.20
Net assets$112.1M$554.0M
Average market cap$88.3B--
Average P/E23.2--
Portfolio turnover472%472%

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Fund Management and Purchase Info

Fund familyAltegris
Fund manager & tenureMatthew Osborne / 7 Years
Minimal initial investment$2,500.00
Minimum IRA investment--

Holdings

Cash86.94%
Fixed income9.40%
U.S. stock3.63%
International stock0.02%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
LQD iShares iBoxx $ Investment Grade Corporate Bond ETF3.64%
XLI Industrial Select Sector SPDR® Fund1.06%
XLY Consumer Discretionary Select Sector SPDR® Fund1.05%
XLK Technology Select Sector SPDR® Fund0.91%
GLD SPDR® Gold Shares0.27%
XLF Financial Select Sector SPDR® Fund0.26%
XLB Materials Select Sector SPDR® Fund0.11%
XLE Energy Select Sector SPDR® Fund0.07%
XLV Health Care Select Sector SPDR® Fund0.07%
XLU Utilities Select Sector SPDR® Fund0.07%