GuidePath Managed Futures Strategy Fund (GIFMX)
Under normal market conditions, the fund seeks exposure to various asset classes, which may vary significantly over time but is generally expected to include exposure to equity markets, bond markets, interest rates, commodities, and currencies. The sub-advisor uses proprietary quantitative models to identify price trends in equity, fixed income, and currency and commodity instruments across time periods of various lengths.
Fund Info
| ISIN | US36191E7638 |
|---|---|
| Issuer | GuidePath |
| Inception Date | Jan 18, 2016 |
| Category | Systematic Trend |
| Min. Investment | $0 |
| Asset Class | Alternatives |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
GIFMX has a high expense ratio of 1.21%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in GuidePath Managed Futures Strategy 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
GuidePath Managed Futures Strategy Fund had a return of 11.24% year-to-date (YTD) and 8.38% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 11.24% | 7.26% |
| 1 month | 2.40% | -2.63% |
| 6 months | 3.74% | 22.78% |
| 1 year | 8.38% | 22.71% |
| 5 years (annualized) | 11.10% | 11.87% |
| 10 years (annualized) | N/A | 10.55% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.24% | 4.60% | 3.61% | |||||||||
| 2023 | 0.64% | -6.55% | -0.65% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GIFMX is 31, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
GuidePath Managed Futures Strategy Fund(GIFMX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for GuidePath Managed Futures Strategy Fund (GIFMX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
GuidePath Managed Futures Strategy Fund granted a 0.35% dividend yield in the last twelve months. The annual payout for that period amounted to $0.03 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.03 | $0.03 | $2.38 | $0.87 | $0.30 | $0.41 | $0.00 | $0.00 | $0.15 |
Dividend yield | 0.35% | 0.39% | 25.41% | 10.13% | 3.35% | 5.07% | 0.00% | 0.00% | 1.80% |
Monthly Dividends
The table displays the monthly dividend distributions for GuidePath Managed Futures Strategy 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 | |||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.38 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.87 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.41 |
| 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 | $0.15 |
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 GuidePath Managed Futures Strategy 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 GuidePath Managed Futures Strategy Fund was 25.32%, occurring on Dec 3, 2018. Recovery took 549 trading sessions.
The current GuidePath Managed Futures Strategy Fund drawdown is 8.74%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -25.32% | Feb 12, 2016 | 708 | Dec 3, 2018 | 549 | Feb 9, 2021 | 1257 |
| -19.51% | Oct 17, 2022 | 314 | Jan 17, 2024 | — | — | — |
| -12.34% | Jun 15, 2022 | 39 | Aug 10, 2022 | 31 | Sep 23, 2022 | 70 |
| -8.21% | Nov 26, 2021 | 3 | Nov 30, 2021 | 46 | Feb 4, 2022 | 49 |
| -5.37% | Jun 3, 2021 | 77 | Sep 21, 2021 | 46 | Nov 24, 2021 | 123 |
Volatility
Volatility Chart
The current GuidePath Managed Futures Strategy Fund volatility is 3.40%, 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.