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
US63872T8852
63872T885
Sep 29, 2008
$100,000
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 9.36% year-to-date (YTD) and 9.58% in the last 12 months. Over the past 10 years, AlphaSimplex Global Alternatives Fund had an annualized return of 1.33%, while the S&P 500 had an annualized return of 11.06%, indicating that AlphaSimplex Global Alternatives Fund did not perform as well as the benchmark.
GAFYX
9.36%
-0.46%
2.58%
9.58%
2.26%
1.33%
^GSPC (Benchmark)
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
Monthly Returns
The table below presents the monthly returns of GAFYX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.81% | 2.83% | 2.36% | -1.05% | 1.65% | 0.19% | 2.00% | -0.65% | 1.88% | -1.94% | 2.26% | 9.36% | |
| 2023 | 2.51% | -0.49% | -0.59% | 0.48% | -0.89% | 2.29% | 1.85% | -1.24% | -0.48% | -0.78% | 0.49% | 0.66% | 3.77% |
| 2022 | -2.00% | -1.11% | 2.73% | -0.55% | -0.09% | -1.75% | 0.75% | -0.19% | -1.58% | 2.56% | 1.48% | -0.58% | -0.49% |
| 2021 | -0.92% | -1.21% | 0.85% | 2.99% | 0.54% | -1.62% | 0.46% | 0.55% | -2.00% | 1.85% | -2.37% | 2.33% | 1.29% |
| 2020 | -0.97% | -3.91% | -4.90% | 1.46% | 0.58% | 0.29% | 0.66% | 0.38% | 0.09% | -0.47% | 2.27% | 2.68% | -2.11% |
| 2019 | 2.50% | 0.66% | 1.49% | 1.47% | -2.62% | 3.25% | -0.09% | 0.09% | 0.90% | 0.45% | 0.71% | 1.33% | 10.49% |
| 2018 | 2.67% | -4.59% | -0.27% | 0.71% | 0.27% | 0.18% | 0.81% | 0.18% | 0.89% | -2.92% | -0.91% | -3.18% | -6.21% |
| 2017 | 0.98% | 1.36% | 0.10% | 0.00% | 0.48% | 0.10% | 0.67% | 0.85% | 1.03% | 1.95% | 1.27% | 1.83% | 11.13% |
| 2016 | -2.63% | -4.34% | -1.62% | -0.72% | 0.52% | -1.34% | 1.15% | 0.93% | 0.41% | -0.31% | 2.14% | 1.70% | -4.23% |
| 2015 | 2.13% | 3.22% | 0.51% | -2.77% | 1.12% | -3.67% | 0.97% | -5.88% | -0.93% | 1.60% | 0.65% | -2.12% | -5.42% |
| 2014 | -3.24% | 2.44% | -0.35% | -2.48% | 2.27% | 0.18% | -1.33% | 1.71% | -1.06% | -0.09% | 3.84% | -3.18% | -1.57% |
| 2013 | 1.96% | -0.37% | 1.65% | 1.87% | 0.45% | 0.09% | 1.42% | -1.57% | 1.69% | 1.75% | 2.58% | -4.27% | 7.26% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 76, GAFYX is among the top 24% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
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 provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.52 | $0.95 | $0.00 | $0.28 | $0.13 | $0.14 | $0.08 | $0.00 | $0.00 | $0.00 | $0.07 |
Dividend yield | 0.00% | 5.24% | 9.57% | 0.00% | 2.57% | 1.15% | 1.37% | 0.75% | 0.00% | 0.00% | 0.00% | 0.59% |
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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.50 | $0.52 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.95 | $0.95 |
| 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 | $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 | $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 | $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 | $0.14 |
| 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 | $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 | $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 | $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 | $0.00 |
| 2013 | $0.07 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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 21.09%, occurring on Jun 27, 2016. Recovery took 1779 trading sessions.
The current AlphaSimplex Global Alternatives Fund drawdown is 2.09%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -21.09% | Mar 23, 2015 | 320 | Jun 27, 2016 | 1779 | Jul 24, 2023 | 2099 |
| -12.44% | May 3, 2011 | 289 | Jun 22, 2012 | 213 | May 2, 2013 | 502 |
| -11.22% | Dec 27, 2013 | 203 | Oct 16, 2014 | 105 | Mar 19, 2015 | 308 |
| -6.65% | Apr 16, 2010 | 36 | Jun 7, 2010 | 69 | Sep 14, 2010 | 105 |
| -6.12% | Jul 17, 2024 | 14 | Aug 5, 2024 | 37 | Sep 26, 2024 | 51 |
Volatility
Volatility Chart
The current AlphaSimplex Global Alternatives Fund volatility is 1.58%, 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.