MOM : AGFiQ U.S. Market Neutral Momentum Fund

MOM is a Alternatives Market Neutral with HIGH fees.

MOM

AGFiQ U.S. Market Neutral Momentum Fund

FI Score

17 /100

Diversification Rating

4 /10

Expense Ratio Rating

3 /10

Expense Rating

0 /10

Market Score

1 /10

Category Score

0 /10

Market Size

1 /10

17% FI Score
  • mom
  • ETF
  • Alternatives
  • Neutral

AGFiQ U.S. Market Neutral Momentum Fund

Expenses: 2.32% (Better than 0% of similar funds)

This is a bad choice for a Neutral Alternatives fund. See why ยป

Fund Summary

The investment seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Thematic Market Neutral Momentum Index. The fund invests at least 80% of its net assets in common stock of the long positions in the underlying index and sell short at least 80% of the short positions in the underlying index. The 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. In choosing to track a market neutral index, the fund seeks to limit the effects of general market movements on the fund.

Largest Holdings

Amount Holding
1.19% SPDR S&P 500 ETF Trust
1.13% Wayfair Inc
1.06% Moderna, Inc
0.90% EQT Corporation
0.73% Ollie's Bargain Outlet Holdings, Inc
0.62% MarketAxess Holdings Inc
0.61% The Boston Beer Company, Inc
0.61% MongoDB, Inc
0.61% Repligen Corporation

Minafi - The intersection of FI, minimalism & mindfulness.

Don't miss out on new posts, courses, interactive articles and more!

Join & Get Your First Course Free

© 2024   Adam Fortuna

Site Map
Triangle Graduation Cap Angle Down Book regular Phone laptop regular fire regular fire regular search regular Acorn duotone Seedling duotone thumbs down duo