AmericaFirst Monthly Risk-On Risk-Off Fund (ABRFX)
The fund seeks to achieve its investment objective primarily through long positions in global equity markets and U.S. interest rate markets. It will invest in equity securities regardless of market capitalization and regardless of industry sector. With regard to fixed income securities, the fund invests primarily in U.S. Treasury bonds with a mid-term maturity.
Fund Info
| ISIN | US02365Y7040 |
|---|---|
| CUSIP | 02365Y704 |
| Issuer | AmericaFirst Funds |
| Inception Date | Feb 25, 2010 |
| Category | Tactical Allocation |
| Minimum Investment | $1,000 |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Blend |
Expense Ratio
The AmericaFirst Monthly Risk-On Risk-Off Fund has a high expense ratio of 3.27%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Performance
The chart shows the growth of an initial investment of $10,000 in AmericaFirst Monthly Risk-On Risk-Off Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Compare to other instruments
Return
AmericaFirst Monthly Risk-On Risk-Off Fund had a return of -3.85% year-to-date (YTD) and -7.12% in the last 12 months. Over the past 10 years, AmericaFirst Monthly Risk-On Risk-Off Fund had an annualized return of 1.43%, while the S&P 500 had an annualized return of 9.54%, indicating that AmericaFirst Monthly Risk-On Risk-Off Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | -0.78% | 0.86% |
| Year-To-Date | -3.85% | 9.53% |
| 6 months | -5.90% | 4.45% |
| 1 year | -7.12% | 1.14% |
| 5 years (annualized) | -2.89% | 9.36% |
| 10 years (annualized) | 1.43% | 9.54% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 2.09% | -4.18% | 0.77% | -1.70% | ||||||||
| 2022 | 5.83% | 2.25% | -2.53% |
Risk-Adjusted Performance
This table presents a comparison of risk-adjusted performance metrics for AmericaFirst Monthly Risk-On Risk-Off Fund (ABRFX) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
ABRFX AmericaFirst Monthly Risk-On Risk-Off Fund | -0.61 | ||||
^GSPC S&P 500 | 0.27 |
Dividend History
AmericaFirst Monthly Risk-On Risk-Off Fund granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to $0.00 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.01 |
Dividend yield | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.24% | 0.12% |
Monthly Dividends
The table displays the monthly dividend distributions for AmericaFirst Monthly Risk-On Risk-Off Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2013 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2012 | $0.01 | $0.00 | $0.00 | $0.00 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below shows the maximum drawdowns of the AmericaFirst Monthly Risk-On Risk-Off Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the AmericaFirst Monthly Risk-On Risk-Off Fund is 28.35%, recorded on Jul 1, 2010. It took 872 trading sessions for the portfolio to recover.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -28.35% | Apr 26, 2010 | 48 | Jul 1, 2010 | 872 | Dec 18, 2013 | 920 |
| -26.73% | Feb 21, 2020 | 22 | Mar 23, 2020 | — | — | — |
| -16.53% | Jun 15, 2018 | 133 | Dec 24, 2018 | 264 | Jan 13, 2020 | 397 |
| -16.09% | Sep 4, 2014 | 363 | Feb 11, 2016 | 208 | Dec 9, 2016 | 571 |
| -7.92% | Jan 2, 2014 | 22 | Feb 3, 2014 | 17 | Feb 27, 2014 | 39 |
Volatility Chart
The current AmericaFirst Monthly Risk-On Risk-Off Fund volatility is 2.93%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.