Multi Strategy Alternative Fund Class Y (SMUYX) Research
The fund's advisor employs a strategy designed to generate positive, or "absolute," returns across various market conditions. A key objective is to maintain a reduced correlation to the stock and bond markets. To achieve this, the fund diversifies its assets across a range of investment strategies. This is primarily accomplished through two avenues: (i) investing in various underlying funds, which encompass both affiliated and unaffiliated open-end funds, closed-end funds, and exchange-traded funds; and/or (ii) engaging one or more specialized investment sub-advisers.
Market snapshot
- Symbol
- SMUYX
- Price
- $10.70
- Day change
- +0.28%
- Market cap
- $241.4M
- 52-week range
- 9.73-10.71
- Sector
- Financial Services
- Industry
- Asset Management
Peer companies
- ProFunds Biotechnology UltraSector Fund Investor Class (BIPIX)
- Boston Trust Midcap Fund (BTMFX)
- Columbia Adaptive Risk Allocation Fund A (CRAAX)
- Ashmore Emerging Markets Equity Fund - Institutional Class (EMFIX)
- Eaton Vance Greater India A (ETGIX)
- Salient Tactical Growth Fund Investor Class (FFTGX)
- Meeder Spectrum Fund - Retail Class (FLSPX)
- Sprott Focus Trust, Inc. (FUND)
Open Multi Strategy Alternative Fund Class Y (SMUYX) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.