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Trending ETFs

Anchor Risk Managed Global Strategies Fund

mutual fund
ATAGX
Payout Change
Pending
Price as of:
$10.44 +0.13 +1.26%
primary theme
Long-Short Equity
share class
ATAGX (Mutual Fund)

Anchor Risk Managed Global Strategies Fund

Payout Change
Pending
Price as of:
$10.44 +0.13 +1.26%
primary theme
Long-Short Equity
share class
ATAGX (Mutual Fund)

Anchor Risk Managed Global Strategies Fund

Payout Change
Pending
Price as of:
$10.44 +0.13 +1.26%
primary theme
Long-Short Equity
share class

Name

As of 11/06/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$10.44

$28.4 M

2.04%

$0.21

2.21%

Vitals

YTD Return

1.5%

1 yr return

7.0%

3 Yr Avg Return

-0.3%

5 Yr Avg Return

N/A

Net Assets

$28.4 M

Holdings in Top 10

77.7%

52 WEEK LOW AND HIGH

$10.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.21%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 118.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 11/06/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$10.44

$28.4 M

2.04%

$0.21

2.21%

ATAGX - Profile

Distributions

  • YTD Total Return 1.5%
  • 3 Yr Annualized Total Return -0.3%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -1.95%
DIVIDENDS
  • Dividend Yield 2.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Anchor Risk Managed Global Strategies Fund
  • Fund Family Name
    Anchor Funds
  • Inception Date
    Jul 15, 2020
  • Shares Outstanding
    N/A
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Eric Leake

Fund Description

The Fund seeks to achieve its investment objective by allocating assets among various strategies based on the adviser’s research and analysis regarding market trends. A market trend is the movement of a financial market in a particular direction over time. The Fund invests at least 40% of its assets (plus the amount of borrowings, if any) in long and short positions in exchange-traded funds, mutual funds and derivative instruments registered and offered in the U.S with underlying holdings in non-U.S. companies. The Fund primarily takes long and short positions in exchange-traded funds that are highly correlated to regional and country specific indices based on the adviser’s long, intermediate, and short-term price trends analysis

The Fund is invested primarily in:

(1) Underlying Funds that primarily invest in or are otherwise exposed to domestic and worldwide markets;
(2) derivative instruments, including options, futures, and total return swaps, designed to replicate some or all of the features of an underlying portfolio of equity securities;
(3) Underlying Funds that are other U.S. or foreign equity securities of any market capitalization; and
(4) U.S. or foreign cash equivalents.

The adviser seeks to achieve the Fund’s objective by managing risk through hedging the Fund’s investment portfolio when it believes security prices will decline. The adviser will hedge by:

(i) increasing allocations to cash equivalents or U.S. Treasury securities;
(ii) selling short ETFs or securities the adviser believes have demonstrated a high correlation to the broader global equity indices; and
(iii) purchasing inverse mutual funds or inverse ETFs. The Fund may invest in inverse funds linked to equity securities or indices when the adviser believes this strategy will provide an effective hedge to manage risk offer the Fund’s equity investments.

Generally, the adviser does not attempt to evaluate individual securities. The adviser uses technical analysis, including monitoring price movements and price trends, of equity markets in an effort to achieve the Fund’s objective through proper allocation of the Fund’s portfolio securities. The adviser’s decision to buy or sell a Fund holding is made based on adviser developed trend and risk models that evaluate current market conditions, and this analysis guides the adviser’s determination of the appropriate exposure level to the equity market. The adviser buys and sells securities and derivatives to increase or decrease the Fund’s exposure to the equity market.

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ATAGX - Performance

Return Ranking - Trailing

Period ATAGX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.5% -12.2% 36.9% 95.24%
1 Yr 7.0% -11.9% 53.2% 92.52%
3 Yr -0.3%* -12.0% 26.0% 87.02%
5 Yr N/A* -2.4% 22.9% N/A
10 Yr N/A* -3.8% 11.0% N/A

* Annualized

Return Ranking - Calendar

Period ATAGX Return Category Return Low Category Return High Rank in Category (%)
2023 3.1% -17.3% 43.8% 65.10%
2022 -2.2% -54.0% 17.4% 17.91%
2021 -9.2% -40.0% 54.1% 91.41%
2020 N/A -47.6% 88.4% N/A
2019 N/A -20.3% 62.6% N/A

Total Return Ranking - Trailing

Period ATAGX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.5% -12.2% 36.9% 95.24%
1 Yr 7.0% -11.9% 53.2% 92.52%
3 Yr -0.3%* -12.0% 26.0% 87.02%
5 Yr N/A* -2.4% 22.9% N/A
10 Yr N/A* -3.8% 11.0% N/A

* Annualized

Total Return Ranking - Calendar

Period ATAGX Return Category Return Low Category Return High Rank in Category (%)
2023 4.8% -14.5% 43.8% 70.47%
2022 -2.2% -54.0% 50.3% 28.36%
2021 2.2% -40.0% 61.6% 75.00%
2020 N/A -29.9% 91.0% N/A
2019 N/A -17.9% 79.4% N/A

NAV & Total Return History


ATAGX - Holdings

Concentration Analysis

ATAGX Category Low Category High ATAGX % Rank
Net Assets 28.4 M 1.08 M 6.67 B 87.92%
Number of Holdings 5 3 2209 95.30%
Net Assets in Top 10 17.6 M 625 K 2.41 B 83.22%
Weighting of Top 10 77.69% 2.1% 101.8% 22.15%

Top 10 Holdings

  1. ISHARES MSCI EAF 73.12%
  2. FRST AM-GV OB-X 5.90%
  3. SP500 EMINI FUT Sep24 0.51%
  4. NASDAQ 100 E-MINI SEP24 -0.38%
  5. MSCI EAFE Sep24 -1.46%

Asset Allocation

Weighting Return Low Return High ATAGX % Rank
Stocks
73.12% 0.00% 100.92% 41.61%
Cash
28.20% 0.00% 99.60% 40.94%
Preferred Stocks
0.00% -1.01% 6.36% 49.66%
Convertible Bonds
0.00% -0.02% 4.48% 41.13%
Bonds
0.00% 0.00% 90.68% 57.72%
Other
-1.32% -48.19% 99.35% 87.92%

Stock Sector Breakdown

Weighting Return Low Return High ATAGX % Rank
Utilities
0.00% 0.00% 21.71% 56.48%
Technology
0.00% 0.00% 43.24% 2.59%
Real Estate
0.00% 0.00% 10.93% 87.56%
Industrials
0.00% 0.00% 31.93% 92.23%
Healthcare
0.00% 0.00% 100.00% 82.38%
Financial Services
0.00% 0.00% 83.83% 95.85%
Energy
0.00% 0.00% 32.57% 88.60%
Communication Services
0.00% 0.00% 32.32% 4.15%
Consumer Defense
0.00% 0.00% 19.75% 65.28%
Consumer Cyclical
0.00% 0.00% 88.83% 7.25%
Basic Materials
0.00% 0.00% 28.58% 91.71%

Stock Geographic Breakdown

Weighting Return Low Return High ATAGX % Rank
US
73.12% 0.00% 100.92% 32.89%
Non US
0.00% -2.95% 54.79% 58.39%

ATAGX - Expenses

Operational Fees

ATAGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.21% 0.42% 9.95% 45.64%
Management Fee 1.60% 0.00% 2.50% 85.91%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.03% 1.54% N/A

Sales Fees

ATAGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

ATAGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

ATAGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 118.00% 0.00% 446.00% 53.04%

ATAGX - Distributions

Dividend Yield Analysis

ATAGX Category Low Category High ATAGX % Rank
Dividend Yield 2.04% 0.00% 27.22% 45.27%

Dividend Distribution Analysis

ATAGX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Quarterly Annual

Net Income Ratio Analysis

ATAGX Category Low Category High ATAGX % Rank
Net Income Ratio -1.95% -3.33% 2.16% 89.80%

Capital Gain Distribution Analysis

ATAGX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Annually

Distributions History

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ATAGX - Fund Manager Analysis

Managers

Eric Leake


Start Date

Tenure

Tenure Rank

Jan 15, 2019

3.38

3.4%

Eric Leake is President and Chief Investment Officer to Anchor Capital. Mr. Leake is a level II Chartered Market Technician, member of the Market Technicians Association, American Association of Professional Technical Analysts (AAPTA), and a former board memeber to the National Association of Active Investment Managers. Mr. Leake is also a member of the Board of Trustees for the Cambria ETF Trust, a manager to several listed exchange traded funds. Mr. Leake attended Azusa Pacific University majoring in Communications and is an active surfer and coach to youth AYSO soccer and NJB basketball teams.

Garrett Waters


Start Date

Tenure

Tenure Rank

Jan 15, 2019

3.38

3.4%

Garrett Waters is Chief Executive Officer to Anchor Capital. Before joining Anchor Capital in 2009 Garrett began his investment career in New York City with J.P. Morgan Investment Management within its Institutional Investment Management division, then as a principal with Barclays Global Investors. Mr. Waters was involved in institutional and private fund management with Hollencrest Capital Management in 2001 and Pacific Financial Advisers. Garrett is a graduate of Villanova University with a degree in business. Garrett is the former Commissioner for Beaches, Parks and Recreation for the city of San Clemente and is an active surfer and tennis player. Garrett lives in San Clemente, CA along with his wife and two children.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 23.55 6.0 7.93