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Altegris Macro Strategy Fund Class I (MCRIX)

7.03
Net Asset Value
-0.42%
1 Day
+1.01%
Year-to-Date
Overall Morningstar Rating
Managed futures
Style or Category
No Load
Sales Expenses
2.17%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks absolute returns. The fund seeks to achieve its investment objective by allocating its assets using two principal strategies: "Global Macro" Strategy and "Fixed Income" Strategy. The adviser expects that less than 100% of the fund's total net assets will be invested in and used as collateral for Global Macro strategies. The fund does not invest more than 25% of its assets with any one swap counterparty or structured note issuer. It is non-diversified.

Performance

1 month-1.13% 3 years-0.24%
3 months+1.74% 5 years-3.33%
1 year-7.17% Since inception-3.14%
Data through --

Peer Comparisonvs. Managed futures

 MCRIXCategory
Performance 5-yr return-3.33%-0.68%
Expense ratio2.17%2.00%
Risk 5 year sharpe ratio-0.36-0.09
Net assets$37.3M$599.8M
Average market cap$59.6B--
Average P/E21.7--
Portfolio turnover----

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Fund Management and Purchase Info

Fund familyAltegris
Fund manager & tenureMatthew Osborne / 5 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

Fixed income58.99%
Cash20.86%
U.S. stock20.08%
Other0.04%
International stock0.03%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
LQD iShares iBoxx $ Investment Grade Corporate Bond ETF29.22%
XLP Consumer Staples Select Sector SPDR® Fund9.41%
HYG iShares iBoxx $ High Yield Corporate Bond ETF6.65%
XLU Utilities Select Sector SPDR® Fund4.14%
XLV Health Care Select Sector SPDR® Fund3.50%
XLI Industrial Select Sector SPDR® Fund2.58%
TIP iShares TIPS Bond ETF0.56%
XLK Technology Select Sector SPDR® Fund0.54%

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