Pace Alternative is trading at 11.35 as of the 22nd of November 2024; that is 0.35% down since the beginning of the trading day. The fund's open price was 11.39. Pace Alternative has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Pace Alternative Strategies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of December 2022 and ending today, the 22nd of November 2024. Click here to learn more.
The fund invests in equity securities of U.S. and non-U.S. companies of various market capitalizations. It also invests in fixed income securities, which are not subject to any credit rating or maturity limitations, issued by companies and government and supranational entities around the world. More on Pace Alternative Strategies
Pace Alternative Strategies [PASPX] is traded in USA and was established 22nd of November 2024. Pace Alternative is listed under UBS Asset Management category by Fama And French industry classification. The fund is listed under Multistrategy category and is part of UBS Asset Management family. This fund at this time has accumulated 610.69 M in assets with minimum initial investment of 10 K. Pace Alternative Str is currently producing year-to-date (YTD) return of 6.89% with the current yeild of 0.04%, while the total return for the last 3 years was 4.37%.
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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 Pace 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 Pace 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 Pace Alternative Strategies 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 Pace Alternative Strategies Mutual Fund Constituents
Other Information on Investing in Pace Mutual Fund
Pace Alternative financial ratios help investors to determine whether Pace 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 Pace with respect to the benefits of owning Pace Alternative security.