Quaker Event Arbitrage Fund Class A (QEAAX)

13.27
Net Asset Value
+1.53%
1 Day
-1.92%
Year-to-Date
Overall Morningstar Rating
Long/short equity
Style or Category
5.5
Sales Expenses
2.37%
Expense Ratio
Below 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-6.44% 3 years+5.38%
3 months-6.77% 5 years+2.97%
1 year-1.09% Since inception+6.02%
Data through --

Peer Comparisonvs. Long/short equity

 QEAAXCategory
Performance 5-yr return+2.97%+7.27%
Expense ratio2.37%1.95%
Risk 5 year sharpe ratio0.650.74
Net assets$123.5M$490.6M
Average market cap$5.4B$35.6B
Average P/E15.417.6
Portfolio turnover280%280%

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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. stock68.93%
International stock12.81%
Fixed income9.86%
Cash6.47%
Other1.94%
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 Inc2.71%
ATNY API Technologies Corp2.05%
CMCSA Comcast Corp Class A2.03%
CST CST Brands Inc1.97%
-- Merrill Lynch Intl ([Wts/Rts])1.91%
-- Liberty Media Corporation Class C1.91%
HTZ Hertz Global Holdings Inc1.87%
HOLX Hologic Inc1.79%
LXU LSB Industries Inc1.76%
GSK GlaxoSmithKline PLC ADR1.76%

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