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
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Popular comparisons: GIFMX vs. YMAX
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
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | N/A | 25.45% |
| 1 month | N/A | 2.91% |
| 6 months | N/A | 14.05% |
| 1 year | N/A | 35.64% |
| 5 years (annualized) | N/A | 14.13% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of GIFMX, 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 | 0.14% | 4.67% | 3.60% | 2.68% | 7.98% | ||||||||
| 2023 | -1.11% | 1.92% | -9.61% | 1.84% | 1.09% | 2.19% | -0.49% | -1.75% | 3.23% | 0.64% | -6.19% | -0.98% | -9.57% |
| 2022 | 2.81% | 3.31% | 11.37% | 10.29% | -0.85% | 6.93% | -5.55% | 5.08% | 8.58% | -0.51% | -6.86% | -12.65% | 20.65% |
| 2021 | -0.35% | 4.01% | 1.03% | 2.50% | 2.05% | -1.99% | 0.63% | -0.81% | -1.66% | 3.83% | -7.40% | -6.80% | -5.56% |
| 2020 | 0.58% | 0.28% | 6.94% | -0.09% | -2.67% | -1.29% | 4.91% | 1.25% | -3.03% | -0.25% | 3.34% | 1.07% | 11.09% |
| 2019 | -3.48% | -0.80% | 5.56% | 3.71% | -0.70% | 1.47% | 1.96% | 6.77% | -2.63% | -2.95% | -0.27% | -5.53% | 2.35% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GIFMX is 11, indicating that it is in the bottom 11% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
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 provided a 100.36% dividend yield over the last twelve months, with an annual payout of $9.16 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $9.16 | $0.03 | $2.38 | $0.87 | $0.30 | $0.41 | $0.00 | $0.00 | $0.15 |
Dividend yield | 100.36% | 0.39% | 25.41% | 10.13% | 3.35% | 5.07% | 0.00% | 0.00% | 0.00% |
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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $9.13 | $9.13 | |||||||
| 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 | $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 | $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 | $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 | $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 | $0.41 |
| 2016 | $0.15 | $0.15 |
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 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 29.35%, occurring on Jan 17, 2024. The portfolio has not yet recovered.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -29.35% | Oct 17, 2022 | 314 | Jan 17, 2024 | — | — | — |
| -14.85% | Nov 26, 2021 | 40 | Jan 24, 2022 | 30 | Mar 8, 2022 | 70 |
| -12.34% | Jun 15, 2022 | 39 | Aug 10, 2022 | 31 | Sep 23, 2022 | 70 |
| -11.55% | Sep 4, 2019 | 83 | Dec 31, 2019 | 244 | Dec 17, 2020 | 327 |
| -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 4.03%, 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.