Family Office FundJFOIX - I SHARES | JFOSX - R6 SHARES
- $4.73 M
Portfolio Assets 4-9-2021
- $4.73 M
- $12.82 NAV 4-9-2021
*The Fund’s investment adviser has contractually agreed to reduce its fees and/or absorb expenses until at least March 31, 2021 for I Shares to ensure that net annual operating expenses will not exceed 1.49%, subject to possible recoupment from the Fund in future years.
Overall Morningstar rating as of December 31, 2020. Based on risk-adjusted returns. Category: Long-Short Equity out of 188 funds.3
55% of Family Offices believe we will enter a recession by 2020 and many are preparing their portfolios.2
370 Family Offices
Partnered with the Family Office Exchange (FOX), the oldest family office organization in the industry serving approximately 370 family offices with average AUM of $500 million.
Scion group consists of 20 of its most sophisticated family offices.
The Fund employs a multi-asset, multi-strategy investment program that seeks to replicate the asset allocation programs of successful family offices. The Fund seeks to deliver total return through capital appreciation and/or income, consistent with a reasonable level of risk, by investing in a diversified portfolio which tracks the asset allocation weightings of successful family offices.
The Fund utilizes a three-step process for portfolio construction.