Performance
Trailing returns
| 1 day | +0.04% |
| |||
| 1 week | +0.13% |
| |||
| 4 week |
| -0.35% | |||
| 3 month | +0.92% |
| |||
| YTD | +1.63% |
| |||
| 1 year | +2.90% |
| |||
| 3 years* | +4.75% |
| |||
| 5 years* |
| -1.99% | |||
| *annualized | |||||
| Best 3 month return | +5.83% | |
| Worst 3 month return | -17.06% |
Morningstar statistics
Morningstar category: Multialternative
| Return | Risk | Rating | |
| 3 years | Average | Low |
 
|
| 5 years | Below Average | Average |
|
| 10 years | - | - | - |
| Overall | Below Average | Below Average |
|
Morningstar style Learn more
| Large | |||
| Mid | |||
| Small | |||
| Value | Blend | Growth |
Key statistics
| Total assets | 109.03M | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 1.59% | |
| Management fee | - | |
| Fund family | Guggenheim Investments |
Asset allocation
| Cash | 70.65% | |
| Stocks | 27.27% | |
| Bonds | 0.13% | |
| Preferred | 0.16% | |
| Convertible | 0.26% | |
| Other | 1.65% |
Purchase information
| Initial | US$2,500 | |
| IRA Initial | US$1,000 |
23.06+0.01(0.04%)
Jun 18, 4:00PM EDT
Overall Morningstar RatingTM
Description
The investment seeks long-term capital appreciation with less risk than traditional equity funds. The fund pursues multiple investment styles or mandates that correspond to investment strategies widely employed by hedge funds. The allocation to these strategies is based on a proprietary evaluation of their risk and return characteristics. The fund may also invest up to 25% of total assets in a wholly-owned and controlled Cayman Islands subsidiary. It is non-diversified.
Fund filings (PDF) »
Fund filings (PDF) »
Asset managers:
Michael Dellapa (Started: Aug 1, 2006)
Ryan Harder (Started: Mar 14, 2008)
Larry Shank (Started: May 1, 2012)
Michael Byrum (Started: Aug 1, 2006)
Michael Dellapa (Started: Aug 1, 2006)
Ryan Harder (Started: Mar 14, 2008)
Larry Shank (Started: May 1, 2012)
Michael Byrum (Started: Aug 1, 2006)
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | 3.74 | 4.13 | -3.82 | - | |
| Beta* | -0.02 | 0.03 | 0.27 | - | |
| Mean annual return | 0.27 | 0.40 | -0.15 | - | |
| R-squared* | 2.04 | 2.32 | 48.78 | - | |
| Standard deviation | 1.09 | 2.92 | 7.24 | - | |
| Sharpe ratio | 2.89 | 1.59 | -0.27 | - | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| SPDR S&P 500 | 4.99% | |
| Cfc Multi-Hedged | 4.41% | |
| Virgin Media Inc (VMED) | 2.28% | |
| NYSE Euronext, Inc. (NYX) | 1.95% | |
| National Financial Partners Corporation (NFP) | 1.87% | |
| Lufkin Industries, Inc. (LUFK) | 1.87% | |
| BMC Software, Inc. (BMC) | 1.67% | |
| HJ Heinz Company (HNZ) | 1.63% | |
| Gardner Denver, Inc. (GDI) | 1.62% | |
| Arbitron Corporation (ARB) | 1.52% |