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Altegris Macro Strategy Fund Class I (MCRIX)

Net Asset Value
1 Day
Overall Morningstar Rating
Managed futures
Style or Category
No Load
Sales Expenses
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.


1 month-1.53% 3 years-3.00%
3 months-4.56% 5 years--
1 year+0.84% Since inception-3.82%
Data through --

Peer Comparisonvs. Managed futures

Performance 5-yr return--+0.73%
Expense ratio2.17%2.08%
Risk 5 year sharpe ratio--0.00
Net assets$57.8M$426.7M
Average market cap----
Average P/E----
Portfolio turnover----

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Fund Management and Purchase Info

Fund familyAltegris
Fund manager & tenureMatthew Osborne / 4 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment$1,000,000.00


U.S. stock30.63%
Fixed income24.76%
International stock0.06%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 23.50%
LQD iShares iBoxx $ Investment Grade Corporate Bond ETF9.83%
HYG iShares iBoxx $ High Yield Corporate Bond ETF5.03%
DBC PowerShares DB Commodity Index Tracking Fund3.77%
XLP Consumer Staples Select Sector SPDR® Fund3.44%
IEF iShares 7-10 Year Treasury Bond ETF3.23%
XLB Materials Select Sector SPDR® Fund1.58%
XLY Consumer Discretionary Select Sector SPDR® Fund1.21%
XLU Utilities Select Sector SPDR® Fund1.02%
IEI iShares 3-7 Year Treasury Bond ETF0.75%