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AmericaFirst Monthly Risk-On Risk-Off Fund (ABRFX)

Mutual Fund · Currency in USD · Last updated May 27, 2023

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

ISINUS02365Y7040
CUSIP02365Y704
IssuerAmericaFirst Funds
Inception DateFeb 25, 2010
CategoryTactical Allocation
Minimum Investment$1,000
Asset ClassEquity

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.


3.27%
0.00%2.15%

Share Price Chart


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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.


50.00%100.00%150.00%200.00%250.00%December2023FebruaryMarchAprilMay
22.86%
267.84%
ABRFX (AmericaFirst Monthly Risk-On Risk-Off Fund)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with ABRFX

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.


PeriodReturnBenchmark
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


JanFebMarAprMayJunJulAugSepOctNovDec
20232.09%-4.18%0.77%-1.70%
20225.83%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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
ABRFX
AmericaFirst Monthly Risk-On Risk-Off Fund
-0.61
^GSPC
S&P 500
0.27

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current AmericaFirst Monthly Risk-On Risk-Off Fund Sharpe ratio is -0.61. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.00December2023FebruaryMarchAprilMay
-0.61
0.27
ABRFX (AmericaFirst Monthly Risk-On Risk-Off Fund)
Benchmark (^GSPC)

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.


PeriodTTM20222021202020192018201720162015201420132012
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.


JanFebMarAprMayJunJulAugSepOctNovDec
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.


-22.00%-20.00%-18.00%-16.00%-14.00%-12.00%December2023FebruaryMarchAprilMay
-19.89%
-12.32%
ABRFX (AmericaFirst Monthly Risk-On Risk-Off Fund)
Benchmark (^GSPC)

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, 201048Jul 1, 2010872Dec 18, 2013920
-26.73%Feb 21, 202022Mar 23, 2020
-16.53%Jun 15, 2018133Dec 24, 2018264Jan 13, 2020397
-16.09%Sep 4, 2014363Feb 11, 2016208Dec 9, 2016571
-7.92%Jan 2, 201422Feb 3, 201417Feb 27, 201439

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.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%December2023FebruaryMarchAprilMay
2.93%
3.82%
ABRFX (AmericaFirst Monthly Risk-On Risk-Off Fund)
Benchmark (^GSPC)