AMG FQ Global Alternatives Fund Institutional Class (MGAIX)

6.83
Net Asset Value
-0.44%
1 Day
-6.57%
Year-to-Date
Overall Morningstar Rating
Multialternative
Style or Category
No Load
Sales Expenses
2.28%
Expense Ratio
Above Average
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 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-0.15% 3 years-5.24%
3 months-7.97% 5 years-4.50%
1 year-11.75% Since inception-3.80%
Data through --

Peer Comparisonvs. Multialternative

 MGAIXCategory
Performance 5-yr return-4.50%+3.65%
Expense ratio2.28%2.02%
Risk 5 year sharpe ratio-0.460.71
Net assets$48.6M$334.4M
Average market cap$60.9B$23.8B
Average P/E16.117.6
Portfolio turnover12%12%

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Fund Management and Purchase Info

Fund familyAMG Funds
Fund manager & tenureDori Levanoni / 8 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment$50,000.00

Holdings

Fixed income149.73%
Cash69.27%
U.S. stock4.96%
International stock0.00%
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
-- 114.84%
-- 54.17%
-- 27.86%
SPY SPDR® S&P 500 ETF26.79%
-- 25.54%
-- 25.09%
-- 15.68%
-- 14.28%
-- 6.82%
-- 4.99%

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