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Trending ETFs

AGFiQ U.S. Market Neutral Anti-Beta Fund

etf
BTAL
Dividend policy
Suspended
Price as of:
$16.98 -0.45 0%
primary theme
Market Neutral
BTAL (ETF)

AGFiQ U.S. Market Neutral Anti-Beta Fund

Dividend policy
Suspended
Price as of:
$16.98 -0.45 0%
primary theme
Market Neutral
BTAL (ETF)
AGFiQ U.S. Market Neutral Anti-Beta Fund
Dividend policy
Suspended
Price as of:
$16.98 -0.45 0%
primary theme
Market Neutral

BTAL - Snapshot

Vitals

  • YTD Return -8.9%
  • 3 Yr Annualized Return 1.5%
  • 5 Yr Annualized Return -2.8%
  • Net Assets $136 M
  • Holdings in Top 10 11.7%

52 WEEK LOW AND HIGH

$17.43
$16.98
$26.28

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.57%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 483.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Theme Market Neutral
  • Fund Type Exchange Traded Fund
  • Investment Style Market Neutral

Compare BTAL to Popular Market Neutral Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$14.23

0.00%

$11.34 B

0.65%

$0.09

blocked
blocked
blocked

1.07%

1.21%

$9.55

-0.31%

$594.76 M

2.99%

$0.29

blocked
blocked
blocked

-0.31%

0.89%

Compare BTAL to Popular Market Neutral ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$31.85

+0.71%

$5.39 M

1.55%

$0.49

blocked
blocked
blocked

4.89%

3.22%

$24.09

+0.38%

$4.72 M

4.37%

$1.05

blocked
blocked
blocked

1.54%

0.76%

BTAL - Profile

Distributions

  • YTD Total Return -11.0%
  • 3 Yr Annualized Total Return 1.5%
  • 5 Yr Annualized Total Return -2.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.25%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    AGFiQ U.S. Market Neutral Anti-Beta Fund
  • Fund Family Name
    AGFiQ
  • Inception Date
    Sep 13, 2011
  • Shares Outstanding
    7000000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    William DeRoche

Fund Description

The fund invests at least 80% of its net assets in common stock of the long positions in the underlying index and sells short at least 80% of the short positions in the underlying index. The underlying index is a long/short market neutral index that is dollar-neutral. As such, it identifies long and short securities positions of approximately equal dollar amounts.


BTAL - Performance

Return Ranking - Trailing

Period BTAL Return Category Return Low Category Return High Rank in Category (%)
YTD -8.9% -8.9% 10.8% 100.00%
1 Yr -17.1% -17.1% 30.9% 100.00%
3 Yr 1.5%* -14.3% 13.8% 60.78%
5 Yr -2.8%* -6.9% 11.3% 91.36%
10 Yr N/A* -4.6% 8.4% N/A

* Annualized

Return Ranking - Calendar

Period BTAL Return Category Return Low Category Return High Rank in Category (%)
2020 -13.9% -31.7% 23.2% 91.18%
2019 0.2% -20.7% 10.7% 46.53%
2018 14.7% -12.4% 14.7% 1.06%
2017 -2.1% -13.2% 12.9% 91.36%
2016 -4.7% -17.6% 7.9% 93.06%

Total Return Ranking - Trailing

Period BTAL Return Category Return Low Category Return High Rank in Category (%)
YTD -11.0% -11.0% 10.8% 100.00%
1 Yr -17.1% -19.8% 30.9% 99.06%
3 Yr 1.5%* -14.3% 13.8% 59.80%
5 Yr -2.8%* -6.9% 11.3% 90.12%
10 Yr N/A* -4.6% 8.4% N/A

* Annualized

Total Return Ranking - Calendar

Period BTAL Return Category Return Low Category Return High Rank in Category (%)
2020 -13.9% -31.7% 23.2% 91.18%
2019 0.2% -20.7% 10.7% 46.53%
2018 14.7% -12.4% 14.7% 1.06%
2017 -2.1% -12.7% 12.9% 91.36%
2016 -4.7% -17.6% 13.2% 93.06%

BTAL - Holdings

Concentration Analysis

BTAL Category Low Category High BTAL % Rank
Net Assets 136 M 105 K 11.3 B 37.04%
Number of Holdings 403 5 3325 34.26%
Net Assets in Top 10 3.59 M -13.6 M 5.72 B 75.00%
Weighting of Top 10 11.71% 8.7% 96.2% 93.62%

Top 10 Holdings

  1. Dow Jones Thematic L Anti-B 3.16%
  2. Dow Jones Thematic L Anti-B 3.16%
  3. Dow Jones Thematic L Anti-B 3.16%
  4. Dow Jones Thematic L Anti-B 3.16%
  5. Dow Jones Thematic L Anti-B 3.16%
  6. Dow Jones Thematic L Anti-B 3.16%
  7. Dow Jones Thematic L Anti-B 3.16%
  8. Dow Jones Thematic L Anti-B 3.16%
  9. Dow Jones Thematic L Anti-B 3.16%
  10. Dow Jones Thematic L Anti-B 3.16%

Asset Allocation

Weighting Return Low Return High BTAL % Rank
Cash
100.61% -225.56% 119.84% 6.48%
Preferred Stocks
0.00% 0.00% 6.55% 55.56%
Other
0.00% -2.48% 43.69% 60.19%
Convertible Bonds
0.00% 0.00% 95.47% 60.19%
Bonds
0.00% -3.69% 63.79% 64.81%
Stocks
-0.61% -57.09% 325.56% 72.22%

BTAL - Expenses

Operational Fees

BTAL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.57% 0.64% 10.50% 43.93%
Management Fee 0.45% 0.13% 1.65% 10.19%
12b-1 Fee 0.00% 0.00% 1.00% 7.81%
Administrative Fee N/A 0.06% 0.40% N/A

Sales Fees

BTAL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.75% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

BTAL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

BTAL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 483.00% 30.00% 483.00% 100.00%

BTAL - Distributions

Dividend Yield Analysis

BTAL Category Low Category High BTAL % Rank
Dividend Yield 0.00% 0.00% 1.19% 31.48%

Dividend Distribution Analysis

BTAL Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

BTAL Category Low Category High BTAL % Rank
Net Income Ratio 0.25% -3.64% 4.20% 45.79%

Capital Gain Distribution Analysis

BTAL Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

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BTAL - Fund Manager Analysis

Managers

William DeRoche


Start Date

Tenure

Tenure Rank

Sep 13, 2011

9.39

9.4%

Bill is Chief Investment Officer and Portfolio Manager at FFCM, LLC. Bill is one of the co-founders of FFCM. Before founding FFCM, Bill was a Vice President at State Street Global Advisors and was the head of the U.S. Enhanced Equities team. Prior to joining SSgA in 2003, Bill was a quantitative analyst and portfolio manager at Putnam Investments. Bill has been working in the investment management field since 1995. Bill has a Bachelor's degreee in Electrical Engineering from the United States Naval Academy and an MBA from the Amos Tuck School of Business Administration at Dartmouth College.

Philip Lee


Start Date

Tenure

Tenure Rank

Jul 31, 2013

7.51

7.5%

Phil is Chief Operations Officer and Portfolio Manager at FFCM, LLC. Prior to joining FFCM, Phil was an equity strategist at Platinum Grove Asset Management LP where his responsibilites included supervising electronic trade execution, automating trade operations and building out systems infrastructure. Phil has also co-managed statistical arbitrage strategies in the Japanese Equity Market. He was Director of Development at Principia Capital Management, LLC, a statistical arbitrage hedge fund, where he developed the firm's quantitative research and trading platforms. Previously, Phil was a Vice President in Goldman Sachs' Fixed Income Derivatives. Phil has been a member of the investing community since 1992. Phil holds engineering degrees from the University of Pennsylvania (Ph.D.) and the Cooper Union (BE and ME)

Josh Belko


Start Date

Tenure

Tenure Rank

Dec 31, 2017

3.09

3.1%

Josh is an Associate Portfolio Manager and Research Analyst for AGFiQ ETFs and AGF Investments, LLC, a registered investment adviser focused on factor driven traditional and alternative investment strategies. Prior to AGF Investments, Josh was an analyst at Pioneer Investments where he supported the investment management process for global equity, fixed income and derivative products. Prior to Pioneer, he was an investor service representative for a European firm managing $55 billion in assets at Brown Brothers Harriman. Josh also worked at Standish Mellon Asset Management as a structured products analyst and at State Street Global Markets as a FX trader. Josh attained a Bachelor of Science degree in Finance from Northeastern University D’Amore-McKim School of Business while playing on their NCAA Division I football team. He has also earned the Chartered Financial Analyst designation

Tenure Analysis

Category Low Category High Category Average Category Mode
0.11 30.43 6.36 3.46