Address And Details

60 East 42nd St, 36th Fl , New York, NY 10165
Fund Manager Michael Aronstein
Manager Tenure 8 Years 11 Months

Strategy And Objective

The investment objective of the Market field Fund (the Fund) is capital appreciation. The Fund seeks long-term growth of capital above that of the broad equity market over a full market cycle, with volatility that is generally lower than that of the broad equity market. Correlation between the Fund and the broad equity market may vary considerably over the course of an investment cycle. To achieve the Funds investment objective, the Adviser allocates the Funds assets among investments in equity securities, fixed-income securities and other investment companies, including exchange-traded funds (ETFs), in proportions consistent with the Advisers evaluation of their expected risks and returns. The Funds equity securities investments may include common and preferred stocks of United States companies of any size. The Fund may take long and short positions in equity securities of foreign companies of any size, including securities issued by corporations or governments located in developing or emerging markets. The amount of Fund assets invested in foreign securities may vary based on market conditions. However, under normal market conditions, the Adviser expects the Fund may invest up to 50% of the Funds net assets in foreign securities, including securities of issuers located in emerging markets. The Adviser has discretion to determine the countries considered to be emerging market countries, taking into consideration factors such as the development of a countrys financial and capital markets, inclusion of country in an index representative of emerging markets, and country classifications used by the World Bank, International Monetary Fund or United Nations. The Funds investments in foreign securities may include, but are not limited to, American Depositary Receipts (ADRs), European Depositary Receipts (EDRs) and Global Depositary Receipts (GDRs). The Funds investments in other investment companies, including ETFs, and derivative type transactions will be considered foreign if the underlying assets represented byte investment are determined to have exposure to foreign securities, including emerging market securities. Also, under normal market conditions, the Fund may engage in short sales of securities or other derivative type transactions (specifically options, forward contracts, forward foreign currency contracts entered into for other than bona fide hedging purposes, futures contracts and swap agreements), representing up to 50% of the Funds net assets, to profit from an anticipated decline in the price of the securities sold short.

Net Asset Value

as of 4:56 PM ET 09/17/2021

Performance

  • 1 Week
  • -0.96%
  • 1 Month
  • -1.94%
  • 3 Months
  • -1.47%
  • 1 Yr Return
  • +12.30%
  • 5 Yr Return
  • +49.06%

Equity Sector Breakdown

IndustrialCyclical 24.91%
Finance 22.52%
Technology 15.68%
ConsumerDurables 15.25%
RetailTrade 6.22%
Health 2.82%
NonDurables 2.64%
Energy 0.80%
Utilities 0.08%
Services n/a

Asset Allocation

Asset Type % Of Allocation
Stocks 69.08%
Other 25.14%
ForeignStocks 15.96%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 42.69 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -3.75 -3.74 n/a
Beta 0.70 0.68 n/a
R Squared 0.78 0.69 n/a
Std Deviation 14.69 12.23 n/a
Sharpe Ratio 0.59 0.64 n/a

Purchase Information

as of 4:57 PM ET 09/16/2021
Minimum Initial $2500
Minimum Additional $0
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 08/31/2021 Average Annual Current Performance Quarterly As Of 06/30/2021 Avg Annual Current Performance Monthly As Of 08/31/2021 Avg Annual Current Performance Quarterly As Of 06/30/2021
1 Year
  • +14.68%
  • +26.70%
+14.68% +26.70%
3 Year
  • +8.66%
  • +8.49%
+8.66% +8.49%
10 Year
  • n/a
  • n/a
n/a n/a
Life Of Fund
  • +3.38%
  • +3.43%
+3.38% +3.43%

Top 10 Holdings

Symbol Company Name % Of Assets
EWT ISHARES MSCI TAIWAN INDEX 4.74%
SONY SONY CORP SPONSORED ADR 3.76%
NSC NORFOLK SOUTHERN CORP 3.70%
COST COSTCO WHOLESALE CORP 3.50%
DXJ WISDOMTREE JAPAN HEDGED EQUIT 3.47%
EWJ ISHARES MSCI JAPAN ETF 3.35%
6861.T KEYENCE CORP 3.33%
DHI DR HORTON INC 3.22%
DE DEERE & CO 3.22%
EWA ISHARES MSCI AUSTRALIA INDEX 3.01%

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