Quaker Event Arbitrage Fund Class A (QEAAX)

13.59
Net Asset Value
+0.15%
1 Day
+0.44%
Year-to-Date
Overall Morningstar Rating
Long/short equity
Style or Category
5.5
Sales Expenses
2.37%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks to provide long-term growth of capital. To achieve its investment objective, the fund's investment 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+0.22% 3 years+3.38%
3 months+0.59% 5 years+7.75%
1 year+9.87% Since inception+6.42%
Data through --

Peer Comparisonvs. Long/short equity

 QEAAXCategory
Performance 5-yr return+7.75%+11.15%
Expense ratio2.37%1.92%
Risk 5 year sharpe ratio1.240.99
Net assets$101.3M$534.5M
Average market cap$5.5B$39.2B
Average P/E20.216.7
Portfolio turnover186%186%

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Fund Management and Purchase Info

Fund familyQuaker
Fund manager & tenureThomas Kirchner / 10 Years
Minimal initial investment$2,000.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock75.97%
Fixed income11.90%
Cash5.26%
International stock3.88%
Other3.00%
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
TWX Time Warner Inc2.94%
FOX Twenty-First Century Fox Inc Class B2.64%
TDS Telephone and Data Systems, Inc.2.36%
ATNY API Technologies Corp2.27%
NTAP NetApp, Inc.2.25%
ASH Ashland Inc2.17%
CWH CommonWealth REIT2.13%
NWSA News Corporation Class A2.09%
CST CST Brands Inc2.05%
PEP PepsiCo Inc2.04%

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