Performance
Trailing returns
| Best 3 month return | +3.07% | |
| Worst 3 month return | -6.12% |
Morningstar statistics
Morningstar category: Nontraditional Bond
Key statistics
| Total assets | 27.31M | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 2.00% | |
| Management fee | - | |
| Fund family | Driehaus |
Asset allocation
| Cash | 32.00% | |
| Stocks | 0.00% | |
| Bonds | 68.06% | |
| 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) »
Fund filings (PDF) »
Asset managers:
Adam Weiner (Started: Feb 29, 2012)
Sabya Roy (Started: Feb 29, 2012)
Adam Weiner (Started: Feb 29, 2012)
Sabya Roy (Started: Feb 29, 2012)
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
| Security | Net Assets | |
| US Treasury Note 1.625% | 5.31% | |
| Peru(Rep Of) 6.9% | 3.53% | |
| La Electricidad De Caracas Sai 8.5% | 3.18% | |
| Cyprus(Rep Of) 4.375% | 3.16% | |
| Financing Infrastructural Proj 9% | 1.91% | |
| Central China Real Estate 12.25% | 1.79% | |
| US Treasury Note 1.625% | 1.76% | |
| Bk New York Mellon S A 144A 9.625% | 1.64% | |
| Boparan Hldgs 9.875% | 1.52% | |
| Gala Elec Casi 11.5% | 1.42% |