Quaker Event Arbitrage Fund Class A (QEAAX)

12.88
Net Asset Value
+0.55%
1 Day
+0.86%
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-0.92% 3 years+2.75%
3 months-0.46% 5 years+4.56%
1 year+4.74% Since inception+5.69%
Data through --

Peer Comparisonvs. Multialternative

 QEAAXCategory
Performance 5-yr return+4.56%+2.01%
Expense ratio2.80%1.78%
Risk 5 year sharpe ratio0.630.39
Net assets$22.2M$469.8M
Average market cap$6.2B$25.0B
Average P/E--16.4
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. stock44.74%
Cash24.69%
Fixed income14.96%
International stock10.53%
Other5.08%
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!11.31%
BABA Alibaba Group Holding Ltd7.77%
IEC IEC Electronics Corp6.72%
-- 6.60%
-- 6.09%
MPMQ MPM Holdings Inc4.69%
-- 3.46%
DVMT Dell Technologies Inc3.35%
-- 2.83%
KHC Kraft Heinz Co2.54%