AMG FQ Global Alternatives Fund Institutional Class (MGAIX)

5.45
Net Asset Value
-21.13%
1 Day
-25.44%
Year-to-Date
Overall Morningstar Rating
Multialternative
Style or Category
No Load
Sales Expenses
2.17%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks to achieve total return. The fund will invest at least 40% of its net assets, plus the amount of any borrowing for investment purposes, in investments of issuers organized, located, or doing a substantial amount of business outside of the United States, including investments that expose the fund to such issuers, and it will invest in issuers organized, located, or doing a substantial amount of business in, and/or have investments that expose the fund to issuers organized, located, or doing a substantial amount of business in, a minimum of three countries, including the United States. The fund is non-diversified.

Performance

1 month+0.85% 3 years-2.90%
3 months+0.55% 5 years-5.06%
1 year-6.92% Since inception-3.73%
Data through --

Peer Comparisonvs. Multialternative

 MGAIXCategory
Performance 5-yr return-5.06%+3.55%
Expense ratio2.17%2.03%
Risk 5 year sharpe ratio-0.560.78
Net assets$21.5M$362.5M
Average market cap$51.6B$25.4B
Average P/E19.920.5
Portfolio turnover12%12%

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Fund Management and Purchase Info

Fund familyAMG Funds
Fund manager & tenureDori Levanoni / 9 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment$50,000.00

Holdings

Cash62.52%
Fixed income30.51%
U.S. stock11.93%
International stock9.35%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 20.72%
Energy 15.33%
Industrial materials 14.20%
Consumer goods 10.03%
Healthcare 8.59%
Top 10 Holdings
Portfolio weighting
-- 39.21%
-- 31.75%
-- 27.26%
SPY SPDR® S&P 500 ETF26.52%
-- 15.70%
-- 14.94%
-- 11.32%
-- 8.47%
-- 8.45%
-- 8.03%

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