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I am looking at starting a position in PXAIX - Pimco Multi Strategy Alternative. This fund is composed of several Pimco alternative funds plus individual long/short positions. The expense ratio is a reasonable 1.15%.
I have not followed this fund closely. It does not look too bad. I would like to see a longer track record especially in different market environments. It seems a bit more aggressive than a bond fund.
Thanks for the tip on CCAPX, which is an interesting global allocation fund, but really not in the ALT space. The CCAPX manager, Ryan Caldwell, served as the assistant manager of WASAX when it was on top of the world (1/2007 - 6/2014), and during his tenure, this fund beat the heavy hitters like MALOX and SGIIX, and even the wannabes, like WGRNX.
Test trading for CCAPX indicates that it is not available at Scottrade and Wellstrade, but it is available in TDAmeritrade and Fidelity retirement accounts with no minimum + TF. At an actual 1.15% expense ratio, this fund has very reasonable expenses.
Comments
Sorry, but I don't see anything compelling about this fund. Right now, the only ALTish fund on my radar that I would buy would be QLEIX. That's it.
Kevin
https://www.chironfunds.com
https://www.chironfunds.com/Data/Sites/3/media/docs/Chiron_FactSheet.pdfhttps
https://www.chironfunds.com/Data/Sites/3/media/docs/Chiron_Portfolio_Composition.pdf
Thanks for the tip on CCAPX, which is an interesting global allocation fund, but really not in the ALT space. The CCAPX manager, Ryan Caldwell, served as the assistant manager of WASAX when it was on top of the world (1/2007 - 6/2014), and during his tenure, this fund beat the heavy hitters like MALOX and SGIIX, and even the wannabes, like WGRNX.
Test trading for CCAPX indicates that it is not available at Scottrade and Wellstrade, but it is available in TDAmeritrade and Fidelity retirement accounts with no minimum + TF. At an actual 1.15% expense ratio, this fund has very reasonable expenses.
Kevin