Multi Manager Directional Alternative Fund Quote

CDAZX Fund  USD 8.32  0.02  0.24%   

Performance

18 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 16

 
High
 
Low
Low
Multi Manager is trading at 8.32 as of the 25th of November 2024; that is 0.24% down since the beginning of the trading day. The fund's open price was 8.34. Multi Manager has less than a 16 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for Multi Manager Directional Alternative are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
The fund pursues its investment objective by allocating the funds assets among different asset managers that collectively use various investment styles and strategies, including, for example, fundamental , macroeconomic , andor quantitative methods or models, across different markets. More on Multi Manager Directional Alternative

Moving together with MULTI Mutual Fund

  0.81CUSHX Columbia Ultra ShortPairCorr
  0.82CUSBX Columbia Ultra ShortPairCorr
  0.91CUURX Columbia Small CapPairCorr

Moving against MULTI Mutual Fund

  0.84CUTRX Columbia Treasury IndexPairCorr
  0.84CUTYX Columbia Treasury IndexPairCorr
  0.83CUVRX Columbia GovernmentPairCorr
  0.68SRINX Columbia Porate IncomePairCorr
  0.42CDLRX Columbia Limited DurationPairCorr

MULTI Mutual Fund Highlights

Fund ConcentrationColumbia Funds, Large Funds, Long-Short Equity Funds, Long-Short Equity, Columbia (View all Sectors)
Update Date30th of September 2024
Multi Manager Directional Alternative [CDAZX] is traded in USA and was established 25th of November 2024. Multi Manager is listed under Columbia category by Fama And French industry classification. The fund is listed under Long-Short Equity category and is part of Columbia family. This fund currently has accumulated 289.32 M in assets under management (AUM) with minimum initial investment of 100. Multi Manager Direct is currently producing year-to-date (YTD) return of 22.9% with the current yeild of 0.01%, while the total return for the last 3 years was 10.56%.
Check Multi Manager Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on MULTI Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding MULTI Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Multi Manager Directional Alternative Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Multi Manager Directional Alternative Mutual Fund Constituents

VLOValero EnergyStockEnergy
PCARPACCAR IncStockIndustrials
CMCSAComcast CorpStockCommunication Services
AGNCAGNC Investment CorpStockFinancials
MSFTMicrosoftStockInformation Technology
PEPPepsiCoStockConsumer Staples
LENLennarStockConsumer Discretionary
CICigna CorpStockHealth Care
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Multi Manager Direct Risk Profiles

Multi Manager Against Markets

Other Information on Investing in MULTI Mutual Fund

Multi Manager financial ratios help investors to determine whether MULTI Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in MULTI with respect to the benefits of owning Multi Manager security.
Global Correlations
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Pair Correlation
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