AMG FQ Global Alternatives Fund Institutional Class (MGAIX)

6.89
Net Asset Value
-0.58%
1 Day
-5.75%
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+0.29% 3 years-4.99%
3 months-5.87% 5 years-4.49%
1 year-10.76% Since inception-3.85%
Data through --

Peer Comparisonvs. Multialternative

 MGAIXCategory
Performance 5-yr return-4.49%+3.65%
Expense ratio2.17%2.02%
Risk 5 year sharpe ratio-0.460.72
Net assets$46.3M$347.2M
Average market cap$38.8B$24.1B
Average P/E16.519.1
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

Cash70.30%
U.S. stock24.02%
Fixed income23.30%
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
-- 42.85%
-- 23.64%
-- 19.86%
-- 17.98%
SPY SPDR® S&P 500 ETF17.67%
-- 17.40%
-- 16.08%
-- 15.58%
-- 13.52%
-- 11.91%

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