Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

AMG FQ Global Alternatives Fund Institutional Class (MGAIX)

5.45
Net Asset Value
0.00%
1 Day
-25.44%
Year-to-Date
Overall Morningstar Rating
Multialternative
Style or Category
No Load
Sales Expenses
2.17%
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, 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-- 3 years--
3 months-- 5 years--
1 year-- Since inception-3.53%
Data through --

Peer Comparisonvs. Multialternative

 MGAIXCategory
Performance 5-yr return--+4.19%
Expense ratio2.17%2.04%
Risk 5 year sharpe ratio-0.550.78
Net assets$15.9M$371.0M
Average market cap$51.6B$25.4B
Average P/E19.919.8
Portfolio turnover12%12%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

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%