Macro FundGRRIX - I SHARES | GRSSX - R6 SHARES
- $7.52 M
Portfolio Assets 4-9-2021
- $7.52 M
- $9.58 NAV 4-9-2021
*The Fund’s investment adviser has contractually agreed to reduce its fees and/or absorb expenses until at least December 31, 2021 for I Shares to ensure that net annual operating expenses will not exceed 1.25%, subject to possible recoupment from the Fund in future years.
Overall Morningstar rating as of December 31, 2020. Based on risk-adjusted returns. Category: Managed Futures out of 90 funds.4
$599.5 Billion Market Capitalization
That’s the market cap of the HFRI Macro Total Index, which represents 19% of the total hedge fund capital as of 9/30/19.
Global macro strategies can be valuable diversifiers to stock and bond portfolios.
To seek to achieve attractive long-term risk-adjusted returns relative to traditional financial market indices.
- Seeks to track the global universe of more than 200 macro funds.
- The Fund seeks to deliver the return streams of Global Macro hedge funds that can go long or short3 across a variety of assets and strategies such as, CTA/Managed Futures, equities, fixed income, commodity, currency, etc
- Uses a systematic, bottom-up approach that integrates both quantitative and discretionary strategies
- Broadly diversified strategy, with positions across a range of global markets, and taking both relative value and directional positions