Sandalwood Opportunity Fund Class A (SANAX)

10.71
Net Asset Value
+0.09%
1 Day
-0.28%
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+0.19% 3 years--
3 months-0.70% 5 years--
1 year+5.19% Since inception+8.31%
Data through --

Peer Comparisonvs. Multialternative

 SANAXCategory
Performance 5-yr return--+3.92%
Expense ratio3.57%2.01%
Risk 5 year sharpe ratio--0.69
Net assets$271.8M$342.6M
Average market cap--$25.5B
Average P/E--18.1
Portfolio turnover----

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 / 1 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

Fixed income69.32%
Cash30.68%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- Structured Asset Inv 2005-10 FRN1.46%
-- Siderwinder Drilling 144A 9.75%1.43%
-- First Franklin Mtg 2005-Ffh3 FRN1.39%
-- Armored Autogroup 9.25%1.35%
-- Tempel Steel Company 144A 12%1.33%
-- Stallion Oilfield Holdings Inc1.23%
-- Bayview Finl Tr 2006-D FRN1.22%
-- Level 3 Fing 8.125%1.12%
-- Ply Gem Inds 144A 6.5%1.12%
-- Newfield Expl 7.125%1.05%

To view my watchlist

Not a member yet?

Sign up now for a free account

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: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. 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 2014 and/or its affiliates.