Sandalwood Opportunity Fund Class A (SANAX)

10.12
Net Asset Value
-0.10%
1 Day
-1.08%
Year-to-Date
Overall Morningstar Rating
Multialternative
Style or Category
5.75
Sales Expenses
3.57%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks income and capital appreciation. The fund seeks to achieve its investment objective by investing primarily in fixed income securities using multiple event-driven, credit analysis-based, long/short credit, distressed debt, relative value and global strategies. Each type of strategy typically employs risk-reducing hedging techniques using short selling, futures contracts, options or credit-default swaps and total return swaps. The fund may also invest in long/short equity strategies which seek returns by investing in equities that are undervalued and short selling equities that are considered overvalued.

Performance

1 month-1.08% 3 years--
3 months-4.40% 5 years--
1 year-1.31% Since inception+5.82%
Data through --

Peer Comparisonvs. Multialternative

 SANAXCategory
Performance 5-yr return--+3.65%
Expense ratio3.57%2.00%
Risk 5 year sharpe ratio--0.66
Net assets$240.9M$331.8M
Average market cap--$23.7B
Average P/E--18.1
Portfolio turnover197%197%

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

Fund Management and Purchase Info

Fund familySandalwood
Fund manager & tenureGreg Anderson / 2 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

Fixed income74.26%
Cash22.54%
U.S. stock3.21%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- Hertz 7.5%1.73%
-- Siderwinder Drilling 144A 9.75%1.73%
-- Paperworks Inds 144A 9.5%1.70%
-- Tempel Steel Company 144A 12%1.49%
-- Structured Asset Inv 2005-10 FRN1.48%
-- Armored Autogroup 9.25%1.35%
-- Newfield Expl 7.125%1.31%
-- Homebanc Mtg Tr 2006-2 CMO1.31%
-- Amkor Tech 7.375%1.30%
-- Sungard Data Sys 7.375%1.27%

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2015 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2015. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2015 and/or its affiliates.