Quaker Event Arbitrage Fund Class A (QEAAX)

12.82
Net Asset Value
-0.70%
1 Day
-1.16%
Year-to-Date
Overall Morningstar Rating
Long/short equity
Style or Category
5.5
Sales Expenses
2.15%
Expense Ratio
Below 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-1.46% 3 years+5.30%
3 months+1.69% 5 years+3.63%
1 year+2.14% Since inception+6.05%
Data through --

Peer Comparisonvs. Long/short equity

 QEAAXCategory
Performance 5-yr return+3.63%+6.85%
Expense ratio2.15%1.90%
Risk 5 year sharpe ratio0.710.73
Net assets$114.5M$418.1M
Average market cap$5.0B$39.2B
Average P/E17.817.8
Portfolio turnover280%280%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyQuaker
Fund manager & tenureThomas Kirchner / 11 Years
Minimal initial investment$2,000.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock67.21%
International stock12.18%
Cash9.30%
Fixed income8.58%
Other2.73%
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
PFE Pfizer Inc3.32%
WCG WellCare Health Plans Inc2.50%
-- Walgreen2.34%
-- Walgreen2.34%
FTD FTD Companies Inc2.30%
ATNY API Technologies Corp2.23%
LXU LSB Industries Inc2.17%
CCI Crown Castle International Corp2.15%
MDLZ Mondelez International Inc Class A2.10%
HTZ Hertz Global Holdings Inc2.07%

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2015 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2015. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2015 and/or its affiliates.