EVNT

AltShares Event-Driven ETF

ICE BofA US 3M Trsy Bill TR USD

NAV as of 29-Sep-2023

9.6600

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

Fund Manager:
AltShares
Asset Under Management:
2,813,868
Launch Date:
30/12/2014
Asset Class:
Alternative
Replication Method:
Not Applicable
Number of Holdings:
78
Trading Currency:
USD
Style:
Small Blend
Region/Sector/Strategy:
World / N.A / N.A
Exchange:
NYSE

Performance

Period Performance Returns(%) Volatility(%) Risk Adjusted Performance
YTD7.180.6111.73
1 Day0.090.000.00
1 Week0.020.530.03
1 Month-1.081.00-1.08
3 Months0.612.290.27
6 Months3.736.270.60
1 Year2.2611.910.19
2 Years-7.2815.49-0.47
3 Years0.000.000.00
5 Years0.000.000.00
10 Years0.000.000.00

Price History

-

Annual Performance Return

2013201420152016201720182019202020212022
Price (%) 0.00000.0000-7.42154.58015.8394-4.70416.915043.4515-2.5848-9.0343
Nav (%) 0.00000.00000.00000.00000.00000.00000.00000.00000.00000.0000
Rank 0.00000.000083.000062.0000100.00008.000099.00001.0000100.000032.0000

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
1Activision Blizzard Inc8.19022,8121,312225,522

Country Exposure

Regional Exposure

America

Greater Europe

Greater Asia

Market Classification

Market Capitalization

Size% of portfolio
Giant2.64
Large15.10
Medium23.47
Small38.50
Micro14.66

Equity Style Box Breakdown

000Large
000Mid
000Small
ValueBlendGrowth

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

DetailValue
Average Effective Duration0
Average Effective Maturity (Years)*0
Average Credit Quality0
Average Weighted Coupon*6.15
Average Weighted Price*0

Bond Style Box Breakdown

000HighQuality
000Med
000Low
LtdModExt
Interest-Rate Sensitivity

Credit Quality

Type% Bonds
N.A

Bond Sector

Type
% Bonds

Bond Maturity

% Bonds
1 to 3 Years0.00
3 to 5 Years2.42
5 to 7 Years0.00
7 to 10 Years0.00
10 to 15 Years0.00
15 to 20 Years0.00
20 to 30 Years0.00
Over 30 Years0.00
1 to 7 Days0.00
8 to 30 Days0.00
31 to 90 Days0.00
91 to 182 Days0.00
183 to 364 Days0.01

Data Source: Morningstar

© 2019 Morningstar. All Rights Reserved. The information, data, analyses and opinions (“Information”) contained herein:

(1) include the proprietary information of Morningstar and Morningstar’s third party licensors;
(2) may not be copied or redistributed except as specifically authorised;
(3) do not constitute investment advice;
(4) are provided solely for informational purposes;
(5) are not warranted to be complete, accurate or timely; and
(6) may be drawn from fund data published on various dates.

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.

For the most up-to-date fund’s data and information, a copy of the fund factsheet, information or prospectus may be obtained from the respective ETF issuer.

Contact us to Open an Account

Need Assistance? Share your Details and we’ll get back to you