Driehaus International Credit Opportunities Fund

 (MUTF:DRCIX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.00%  
1 week   +0.00%  
4 week
   
-0.10%  
3 month   +0.51%
   
YTD   +0.82%
   
1 year
   
-0.89%  
3 years*   -  
5 years*   -  
*annualized
Best 3 month return+3.07%  
Worst 3 month return-6.12%  

Morningstar statistics

Morningstar category: Nontraditional Bond

Key statistics

Total assets27.31M 
Front load-  
Deferred load-  
Expense ratio2.00%  
Management fee-  
Fund familyDriehaus 

Asset allocation

Cash32.00%  
Stocks0.00%  
Bonds68.06%  
Other-0.06%  

Purchase information

Initial$10,000  
Additional$2,000  
IRA Initial$2,000  
AIP Initial$100  
AIP Additional$100  
9.65-0.18(-1.83%)
Apr 5, 4:00PM EDT

Description

The investment seeks to provide positive returns under a variety of market conditions. The fund is actively managed by using techniques intended to provide absolute (positive) returns in various market conditions by employing strategies that exploit disparities or inefficiencies primarily in foreign (ex-U.S.) markets, including emerging markets. It holds both long and short positions in debt securities, equity securities and currencies. The debt securities held in the fund may be fixed income or floating rate securities, including fixed and floating rate loans. The fund is non-diversified.
Fund filings (PDF) »
Asset managers:
Adam Weiner (Started: Feb 29, 2012)
Sabya Roy (Started: Feb 29, 2012)
Advisor Company:
Driehaus Capital Management LLC
Fund family reports on Morningstar »
Driehaus, 25 E. Erie Street

Risk

  1 year 3 years 5 years 10 years  
Alpha* -1.07     -     -     -
Beta* 0.00     -     -     -
Mean annual return -0.08     -     -     -
R-squared* 0.00     -     -     -
Standard deviation 5.21     -     -     -
Sharpe ratio -0.20     -     -     -
* Against standard index

Top 10 holdings