Quaker Event Arbitrage Fund Class A (QEAAX)

13.45
Net Asset Value
+0.22%
1 Day
+5.32%
Year-to-Date
Overall Morningstar Rating
Multialternative
Style or Category
5.5
Sales Expenses
2.80%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks to provide long-term growth of capital. To achieve the fund's investment objective- the Adviser invests in the securities of publicly traded companies involved in mergers- takeovers- tender offers- leveraged buyouts- spin-offs- liquidations- or similar events ("corporate reorganizations"). A variety of strategies can be employed to capitalize on the mispricing of corporate securities during corporate reorganizations- including transactions involving common and preferred stock- debt instruments and derivative securities.

Performance

1 month+4.02% 3 years+3.92%
3 months+5.00% 5 years+5.07%
1 year+8.19% Since inception+5.57%
Data through --

Peer Comparisonvs. Multialternative

 QEAAXCategory
Performance 5-yr return+5.07%+2.01%
Expense ratio2.80%1.79%
Risk 5 year sharpe ratio0.560.33
Net assets$22.5M$462.1M
Average market cap$5.0B$26.6B
Average P/E12.016.7
Portfolio turnover326%326%

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Fund Management and Purchase Info

Fund familyQuaker
Fund manager & tenureThomas Kirchner / 14 Years
Minimal initial investment$2,000.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock45.06%
Cash23.67%
Fixed income14.62%
International stock11.20%
Other5.44%
Top 5 Sectors
Portfolio weighting
Industrial materials 20.71%
Healthcare 17.01%
Media 16.42%
Consumer service 9.65%
Utilities 5.79%
Top 10 Holdings
Portfolio weighting
AABA Yahoo!10.99%
BABA Alibaba Group Holding Ltd7.76%
-- 7.04%
IEC IEC Electronics Corp6.79%
-- 6.19%
MPMQ MPM Holdings Inc5.06%
-- 3.56%
DVMT Dell Technologies Inc3.38%
-- 2.82%
KHC Kraft Heinz Co2.36%