Virtus AlphaSimplex Global Alternatives Fund Class I GAFYX Strategy
Strategy
The investment seeks to provide capital appreciation consistent with the risk-return characteristics of a diversified portfolio of hedge funds; the secondary goal is to achieve these returns with less volatility than major equity indices. The fund seeks to achieve long and short exposure to global equity, bond, currency and commodity markets through a wide range of derivative instruments and direct investments. Normally, the adviser typically will make extensive use of derivative instruments, in particular futures, forward contracts and swaps on global equity and fixed-income securities, securities indices, currencies, commodities and other instruments.
|
Ticker
|
Name
|
Share Class Type
|
Investment Status
|
Morningstar Rating for Funds
Overall
|
Medalist Rating
Overall
|
Inception Date
|
Total Net Assets for Share Class
|
Adjusted Expense Ratio
|
Fee Level
Distribution
|
Minimum Initial Investment
|
1-Year Net Flow
|
|---|---|---|---|---|---|---|---|---|---|---|---|
GAFYX
| Virtus AlphaSimplex Global Alternatives Fund Class I | Institutional | Open | — | $60.20M | 1.310% | Average | $100,000 | −$33.37M | ||
GAFAX
| Virtus AlphaSimplex Global Alternatives Fund Class A | Front Load | Open | — | $9.67M | 1.560% | Average | $2,500 | −$3.23M | ||
GAFNX
| Virtus AlphaSimplex Global Alternatives Fund Class R6 | Retirement, Large | Open | — | $7.93M | 1.260% | Above Average | $0 | −$2.13M |