Fund Facts:
Fund Information
- CUSIP: 63872T810
- Asset Class: Alternatives
- Symbol: DSFAX
Inception Dates
- Fund Inception Date: 08/03/2009
- Share Class Inception Date: 08/03/2009
Fund Highlights:
- Actively managed global portfolio of long and short positions designed to maximize diversification
- Gains desired exposures through the use of highly liquid futures and currency forward contracts collateralized by cash instruments
- Seeks low to negative correlation with overall equity markets
- Volatility target and stop-loss limits help manage risk
Fund Objective:
- Pursues an absolute return strategy that seeks to provide capital appreciation while maintaining a low or negative correlation over time with the returns of major equity indices
Investment Strategy:
- Employs a mix of absolute return macroeconomic models, actively adjusting weightings in response to market conditions
- Roughly 80% of portfolio cash is invested in high-quality short-term instruments used as collateral for the futures and forward positions
Risks:
- Derivatives, primarily futures and forward contracts, generally have implied leverage (a small amount of money to make an investment of greater value). Because of this, the fund’s extensive use of derivatives may magnify any gains or losses on those investments as well as risk to the fund.
- Stock markets, particularly foreign stock markets, are volatile and can decline significantly in response to adverse economic, issuer, political or regulatory changes. Exchange rate risk between the U.S. dollar and foreign currencies may cause the value of the fund’s investments to decline.
- Exposure to commodity markets may subject the fund to greater volatility than investments in traditional securities. Interest rate increases can cause the price of debt securities to decrease and will affect the value of the fund’s underlying investments in income-producing securities.
AlphaSimplex Group, LLC
AlphaSimplex Group, LLC
AlphaSimplex Group, LLC
AlphaSimplex Group, LLC
