EVNT
AltShares Event-Driven ETF
NAV as of
4 Week: 9.66 - 9.83
52 Week: 8.85 - 9.88
Latest Closing Price
9.69
Premium / Discount
0.56
Expense Ratio
1.53%
Investment Objective
The investment seeks to achieve capital appreciation over a full market cycle with lower volatility than the broad equity market. To pursue the fund's investment objective, the adviser employs a "long/short" event-driven strategy, which seeks to profit by investing, long and/or short, in the equity and debt securities of companies whose prices Water Island Capital, LLC (the "adviser") believes are or will be impacted by a publicly announced or anticipated corporate event. The adviser will hold a higher percentage of the fund's assets in long positions. The fund is non-diversified.
Main Fund Characteristics
Performance
| Period | Performance Returns(%) | Volatility(%) | Risk Adjusted Performance |
|---|---|---|---|
| YTD | 7.18 | 0.61 | 11.73 |
| 1 Day | 0.09 | 0.00 | 0.00 |
| 1 Week | 0.02 | 0.53 | 0.03 |
| 1 Month | -1.08 | 1.00 | -1.08 |
| 3 Months | 0.61 | 2.29 | 0.27 |
| 6 Months | 3.73 | 6.27 | 0.60 |
| 1 Year | 2.26 | 11.91 | 0.19 |
| 2 Years | -7.28 | 15.49 | -0.47 |
| 3 Years | 0.00 | 0.00 | 0.00 |
| 5 Years | 0.00 | 0.00 | 0.00 |
| 10 Years | 0.00 | 0.00 | 0.00 |
Price History
Annual Performance Return
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
| Price (%) | 0.0000 | 0.0000 | -7.4215 | 4.5801 | 5.8394 | -4.7041 | 6.9150 | 43.4515 | -2.5848 | -9.0343 |
| Nav (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
| Rank | 0.0000 | 0.0000 | 83.0000 | 62.0000 | 100.0000 | 8.0000 | 99.0000 | 1.0000 | 100.0000 | 32.0000 |
Dividend Frequency
Lastest Dividend
| Ex Date | Payment Date | Dividend Payout per unit |
|---|---|---|
| N.A | ||
Portfolio Data
Total Number of Holdings: 78
Number of Bond Holdings: 0
Number of Equity Holdings: 64
Total Market Value: 2,813,868
Portfolio Composition
Top 10 Holdings
| % Portfolio Weight | Shares Owned | Shares Changed | Market Value | ||
|---|---|---|---|---|---|
| 1 | Activision Blizzard Inc | 8.1902 | 2,812 | 1,312 | 225,522 |
Country Exposure
Regional Exposure
America
Greater Europe
Greater Asia
Market Classification
Market Capitalization
| Size | % of portfolio |
|---|---|
| Giant | 2.64 |
| Large | 15.10 |
| Medium | 23.47 |
| Small | 38.50 |
| Micro | 14.66 |
Equity Style Box Breakdown
| 0 | 0 | 0 | Large |
| 0 | 0 | 0 | Mid |
| 0 | 0 | 0 | Small |
| Value | Blend | Growth |
Value Measures
Price/Prospective Earnings*
17.4917
Price/Book*
2.2419
Price/Sales*
1.6699
Price/Cash Flow*
11.3843
Dividend Yield*
0.0000
Growth Measures
Long-Term Earnings
13.0000
Historical Earnings
9.2858
Sales Growth
3.6034
Cash-Flow Growth
-17.7870
Book-Value Growth
-1.3460
*Forward-looking based on historical data.
Equity Sector
Number of Bond Holdings
0
Bond Statitics
| Detail | Value |
|---|---|
| Average Effective Duration | 0 |
| Average Effective Maturity (Years)* | 0 |
| Average Credit Quality | 0 |
| Average Weighted Coupon* | 6.15 |
| Average Weighted Price* | 0 |
Bond Style Box Breakdown
| 0 | 0 | 0 | High | Quality |
| 0 | 0 | 0 | Med | |
| 0 | 0 | 0 | Low | |
| Ltd | Mod | Ext | ||
| Interest-Rate Sensitivity | ||||
Credit Quality
| Type | % Bonds |
|---|---|
| N.A | |
Bond Sector
Bond Maturity
| % Bonds | |
|---|---|
| 1 to 3 Years | 0.00 |
| 3 to 5 Years | 2.42 |
| 5 to 7 Years | 0.00 |
| 7 to 10 Years | 0.00 |
| 10 to 15 Years | 0.00 |
| 15 to 20 Years | 0.00 |
| 20 to 30 Years | 0.00 |
| Over 30 Years | 0.00 |
| 1 to 7 Days | 0.00 |
| 8 to 30 Days | 0.00 |
| 31 to 90 Days | 0.00 |
| 91 to 182 Days | 0.00 |
| 183 to 364 Days | 0.01 |
Data Source: Morningstar
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(4) are provided solely for informational purposes;
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Morningstar and Phillip Securities Pte Ltd are not responsible for any trading decisions, damages or other losses related to the Information or its use. Please verify all of the Information before using it and don’t make any investment decision except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up.
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