Pace Alternative Strategies Fund Quote
Pace Alternative is trading at 11.38 as of the 1st of February 2025; that is No Change since the beginning of the trading day. The fund's open price was 11.38. The performance scores are derived for the period starting the 2nd of January 2025 and ending today, the 1st of February 2025. Click here to learn more.
Pace Mutual Fund Highlights
| Fund Concentration | UBS Asset Management Funds, Large Value Funds, Multistrategy Funds, Multistrategy, UBS Asset Management (View all Sectors) |
| Update Date | 31st of December 2024 |
Pace Alternative Strategies [PASYX] is traded in USA and was established 1st of February 2025. 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 no minimum investment requirementsPace Alternative Str is currently producing year-to-date (YTD) return of 6.85% with the current yeild of 0.04%, while the total return for the last 3 years was 4.35%.
Check Pace Alternative Probability Of Bankruptcy
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
| GILD | Gilead Sciences | Stock | Health Care | |
| SHW | Sherwin Williams Co | Stock | Materials | |
| ABBV | AbbVie Inc | Stock | Health Care | |
| NKE | Nike Inc | Stock | Consumer Discretionary | |
| SPY | SPDR SP 500 | Etf | Large Blend | |
| VMW | VMware Inc | Stock | Information Technology | |
| AMGN | Amgen Inc | Stock | Health Care | |
| DHI | DR Horton | Stock | Consumer Discretionary |
Pace Alternative Str Risk Profiles
| Mean Deviation | 0.0582 | |||
| Standard Deviation | 0.1636 | |||
| Variance | 0.0268 | |||
| Risk Adjusted Performance | (0.05) |
Pace Alternative Against Markets
Pace Alternative Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Pace Alternative mutual fund to make a market-neutral strategy. Peer analysis of Pace Alternative could also be used in its relative valuation, which is a method of valuing Pace Alternative by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
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.
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |