Quaker Event Arbitrage Fund Class A (QEAAX)

12.92
Net Asset Value
+0.86%
1 Day
+1.17%
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-0.23% 3 years+3.34%
3 months+4.09% 5 years+5.13%
1 year+6.14% Since inception+5.64%
Data through --

Peer Comparisonvs. Multialternative

 QEAAXCategory
Performance 5-yr return+5.13%+2.65%
Expense ratio2.80%1.80%
Risk 5 year sharpe ratio0.620.56
Net assets$22.5M$459.2M
Average market cap$5.2B$26.9B
Average P/E--20.0
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. stock40.42%
Cash30.61%
Fixed income14.17%
International stock8.16%
Other6.64%
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!13.30%
BABA Alibaba Group Holding Ltd9.42%
-- 6.61%
IEC IEC Electronics Corp6.32%
-- 4.97%
MPMQ MPM Holdings Inc3.83%
-- 3.55%
-- 3.14%
LVNTA Liberty Interactive Corp2.94%
LBRDK Liberty Broadband Corp2.36%