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Total Hedge Portfolio

The Total Hedge Portfolio seeks to provide investors with a total alternative allocation vehicle that attempts to replicate the returns of the global hedge fund composite universe.

Overall Morningstar rating as of September 30, 2022. Based on risk-adjusted returns. Category: Multistrategy out of 127 funds.

More Information

$9.88
10/3/2022

-12.02%
10/3/2022
at NAV

NAV Disclosure

Why This Fund?

  • Efficiency:  A single ticket solution helping to provide access to multiple hedge fund strategies including Equity Hedge, Event-Driven, Macro and Relative Value strategies
  • Timely Diversification:  Our experienced team monitors the hedge fund universe of over 6,900 strategies to determine the optimal allocation to each strategy as global market conditions evolve
  • Performance:  Seeks to outperform the Hedge Fund Research Institute (HFRI) Composite Index and provide lower correlation to traditional markets
  • Transparency and Access:  Full transparency, no K1s, daily liquidity, low minimums, no accredited investor requirement

Fund Facts

INCEPTION DATE
06/30/2017
NET ASSETS
$31.4MM
ASSET CLASS
Alternative
MORNINGSTAR CATEGORY
Multistrategy
BENCHMARK
HFRI Fund Weighted Composite
GROSS EXPENSES
2.43% View Disclosure
NET EXPENSES
2.05% View Disclosure
CUSIP
470258591

Monthly Returns

-3.35%-12.73%-11.66%2.23%2.23%2.62%
-1.91%-4.41%-3.03%1.50%1.20%-
View Disclosure

Past performance does not guarantee future results and current performance may be lower or higher than the performance data quoted. The investment return and principal value of an investment will fluctuate, so that shares when redeemed may be worth more or less than their original cost. For performance information current to the most recent month-end, please call 888.814.8180.

Daily Pricing and Returns

$9.88 0.82 -12.02
View Disclosure

Past performance does not guarantee future results and current performance may be lower or higher than the performance data quoted. The investment return and principal value of an investment will fluctuate, so that shares when redeemed may be worth more or less than their original cost. For performance information current to the most recent month-end, please call 888.814.8180.

Quarterly Returns

-0.81%-12.73%-11.66%2.23%2.23%2.62%
-2.98%-3.86%-2.56%1.98%1.92%-
View Disclosure

Past performance does not guarantee future results and current performance may be lower or higher than the performance data quoted. The investment return and principal value of an investment will fluctuate, so that shares when redeemed may be worth more or less than their original cost. For performance information current to the most recent month-end, please call 888.814.8180.

Calendar Year Performance

 2021202020192018
TOTAL HEDGE PORTFOLIO I (JTHIX)6.45%11.41%12.03%-5.73%
Morningstar Multistrategy Category6.86%1.63%7.77%-4.31%
View Disclosure

Past performance does not guarantee future results and current performance may be lower or higher than the performance data quoted. The investment return and principal value of an investment will fluctuate, so that shares when redeemed may be worth more or less than their original cost. For performance information current to the most recent month-end, please call 888.814.8180.

Sector Allocation

Equity Hedge

48.72% 

Event-Driven

12.92% 

Macro

16.79% 

Relative Value

21.54% 

View Glossary

Fund Statistics - 3 Year

R-Squared

0.94 

Beta

1.17 

Alpha

-2.42% 

Sharpe Ratio

0.33 

Sortino Ratio

0.36 

Tracking Error

2.64% 

View Glossary

Distribution History

Distribution DateDistribution NAVLong-Term Capital GainShort-Term Capital GainReturn of CapitalDividend IncomeDistribution Total
12/27/202111.250.240.28-0.240.76
12/24/202011.220.030.15--0.18
12/24/201910.27---0.390.39
12/13/20189.700.010.10-0.170.28
12/18/201710.37-0.02-0.070.09

Info


Easterly Funds


2006

New York, NY

Portfolio Manager(s)

Akos Beleznay, PhD

Chief Investment Officer
25 Years of Industry Experience


CIO, Riverside
CIO, Commerce Asset Management
CIO, Equitas Evergreen Fund

Documents

Statement of Additional Information

Download

Easterly Total Hedge Portfolio Morningstar Rating

Overall 3-Year 5-Year
Morningstar Star Rating 3 3 3
# Funds in Category 127 127 107

© 2022 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

The Morningstar Rating™ for funds or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales loads. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five- and 10-year (if applicable) Morningstar Rating metrics.

Morningstar Rating is for the I share class only; other classes may have different performance characteristics.

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