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Equity 40-60% exposure in equities comprised of stocks of issuers of any market capitalization in the United States, and/or outside of the United States, and derivative instruments such as futures, options or swaps on equity securities or equity indices.
Fixed Income 10-30% in fixed income securities (generally with greater than 5 years of remaining maturity) issued by the US government, other sovereign bonds, and any investment grade bonds.
Diversifying Strategies 10-30% in a diversified portfolio of trading strategies/programs managed by one or more trading advisors including the Advisor (the "Diversifying Strategies") through investments in securities or derivatives (such as futures, swaps, or options) either directly or indirectly through the fund or its subsidiary. The fund through its subsidiary will also generally have a 0-15% long gold exposure through commodity linked derivatives and/or exchange-traded funds (ETFs).
FORTX seems to be a more conservative version of PRPFX, with lower returns and lower SD in it's ~ 6 year lifespan. REMIX has been a champ, besting both of them. Supposed benchmark is 50%-70% allocation funds, but FORTX can use derivatives and gold.
Really low Total Assets of $66M despite the 5 star rating (M*). 75 bps fees per year.
Comments
Equity
40-60% exposure in equities comprised of stocks of issuers of any market capitalization in the United States, and/or outside of the United States, and derivative instruments such as futures, options or swaps on equity securities or equity indices.
Fixed Income
10-30% in fixed income securities (generally with greater than 5 years of remaining maturity) issued by the US government, other sovereign bonds, and any investment grade bonds.
Diversifying Strategies
10-30% in a diversified portfolio of trading strategies/programs managed by one or more trading advisors including the Advisor (the "Diversifying Strategies") through investments in securities or derivatives (such as futures, swaps, or options) either directly or indirectly through the fund or its subsidiary. The fund through its subsidiary will also generally have a 0-15% long gold exposure through commodity linked derivatives and/or exchange-traded funds (ETFs).
FORTX seems to be a more conservative version of PRPFX, with lower returns and lower SD in it's ~ 6 year lifespan. REMIX has been a champ, besting both of them. Supposed benchmark is 50%-70% allocation funds, but FORTX can use derivatives and gold.
Really low Total Assets of $66M despite the 5 star rating (M*). 75 bps fees per year.