AlphaSimplex Global Alternatives Fund (GAFYX)
The fund seeks to achieve long and short exposure to global equity, bond, currency and commodity markets through a wide range of derivative instruments and direct investments. Normally, the adviser typically will make extensive use of derivative instruments, in particular futures, forward contracts and swaps on global equity and fixed-income securities, securities indices, currencies, commodities and other instruments.
Fund Info
| ISIN | US63872T8852 |
|---|---|
| CUSIP | 63872T885 |
| Issuer | Natixis Funds |
| Inception Date | Sep 29, 2008 |
| Category | Multistrategy |
| Min. Investment | $100,000 |
| Asset Class | Alternatives |
Expense Ratio
GAFYX has a high expense ratio of 1.24%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in AlphaSimplex Global Alternatives Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
AlphaSimplex Global Alternatives Fund had a return of 5.39% year-to-date (YTD) and 8.09% in the last 12 months. Over the past 10 years, AlphaSimplex Global Alternatives Fund had an annualized return of 2.01%, while the S&P 500 had an annualized return of 10.64%, indicating that AlphaSimplex Global Alternatives Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 5.39% | 7.50% |
| 1 month | -0.67% | -1.61% |
| 6 months | 5.78% | 17.65% |
| 1 year | 8.09% | 26.26% |
| 5 years (annualized) | 2.37% | 11.73% |
| 10 years (annualized) | 2.01% | 10.64% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.81% | 2.83% | 2.36% | -1.05% | ||||||||
| 2023 | -0.78% | 0.49% | 0.66% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of GAFYX is 76, placing it in the top 24% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
AlphaSimplex Global Alternatives Fund(GAFYX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for AlphaSimplex Global Alternatives Fund (GAFYX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
AlphaSimplex Global Alternatives Fund granted a 4.80% dividend yield in the last twelve months. The annual payout for that period amounted to $0.50 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.50 | $0.53 | $0.96 | $0.00 | $0.28 | $0.13 | $0.14 | $0.08 | $0.00 | $0.38 | $0.59 | $0.98 |
Dividend yield | 4.80% | 5.43% | 9.57% | 0.00% | 2.57% | 1.16% | 1.37% | 0.74% | 0.00% | 3.53% | 5.25% | 8.53% |
Monthly Dividends
The table displays the monthly dividend distributions for AlphaSimplex Global Alternatives 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.50 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.96 |
| 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 | $0.28 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 |
| 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 | $0.38 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.35 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 |
| 2013 | $0.30 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.68 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the AlphaSimplex Global Alternatives Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the AlphaSimplex Global Alternatives Fund was 19.49%, occurring on Jun 27, 2016. Recovery took 895 trading sessions.
The current AlphaSimplex Global Alternatives Fund drawdown is 0.86%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -19.49% | Apr 13, 2015 | 306 | Jun 27, 2016 | 895 | Jan 16, 2020 | 1201 |
| -13.26% | Feb 20, 2020 | 20 | Mar 18, 2020 | 745 | Mar 3, 2023 | 765 |
| -12.44% | May 3, 2011 | 289 | Jun 22, 2012 | 197 | Apr 10, 2013 | 486 |
| -6.65% | Apr 16, 2010 | 36 | Jun 7, 2010 | 69 | Sep 14, 2010 | 105 |
| -6.64% | Sep 9, 2014 | 28 | Oct 16, 2014 | 26 | Nov 21, 2014 | 54 |
Volatility
Volatility Chart
The current AlphaSimplex Global Alternatives Fund volatility is 1.49%, 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.