AMG FQ Global Alternatives Fund Institutional Class (MGAIX)

7.98
Net Asset Value
-0.25%
1 Day
-2.68%
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-0.62% 3 years-1.47%
3 months-2.68% 5 years--
1 year-6.93% Since inception-2.75%
Data through --

Peer Comparisonvs. Multialternative

 MGAIXCategory
Performance 5-yr return--+5.16%
Expense ratio2.28%2.06%
Risk 5 year sharpe ratio-0.190.80
Net assets$78.3M$347.4M
Average market cap$64.6B$26.0B
Average P/E17.216.9
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 / 8 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment$50,000.00

Holdings

Fixed income146.95%
Cash69.64%
U.S. stock3.00%
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
-- 10 Year Government of Canada Bond June14115.76%
-- NYSE/Liffe 10 Year US Treasury Note Future June14115.14%
-- Long Gilt Future Jun 2014102.17%
-- Euro Bond Future Jun 201460.51%
-- Australian 10yr Bond Future Jun 201444.15%
SPY SPDR S&P 50030.35%
-- Euro Chf 3 Month Lifo Future Jun 201427.14%
-- SFE SPI 200 Index Future June1411.30%
-- Us Gulf 87 Crack Future Jun 20145.51%
-- Hang Seng Index Future May 20142.83%

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.