1290 Multi Alternative Strategies Fund Quote
| TNMRX Fund | USD 9.62 0.04 0.42% |
Performance9 of 100
| Odds Of DistressLess than 19
|
1290 Multi is trading at 9.62 as of the 25th of November 2024; that is 0.42% increase since the beginning of the trading day. The fund's open price was 9.58. 1290 Multi has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for 1290 Multi Alternative Strategies 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 investing in exchange-traded securities of other investment companies or investment vehicles comprising various asset categories and strategies. Under normal market conditions, the fund allocates substantially all of its assets to Underlying ETFs that invest primarily in non-traditional asset categories and strategies. More on 1290 Multi Alternative Strategies
Moving together with 1290 Mutual Fund
| 0.88 | TNBIX | 1290 Smartbeta Equity | PairCorr |
| 0.88 | TNBRX | 1290 Smartbeta Equity | PairCorr |
| 0.89 | TNBCX | 1290 Smartbeta Equity | PairCorr |
Moving against 1290 Mutual Fund
1290 Mutual Fund Highlights
| Fund Concentration | 1290 Funds, Large Funds, Multistrategy Funds, Multistrategy, 1290 Funds (View all Sectors) |
| Update Date | 30th of September 2024 |
1290 Multi Alternative Strategies [TNMRX] is traded in USA and was established 25th of November 2024. 1290 Multi is listed under 1290 Funds category by Fama And French industry classification. The fund is listed under Multistrategy category and is part of 1290 Funds family. This fund at this time has accumulated 19.36 M in assets with no minimum investment requirements1290 Multi Alternative is currently producing year-to-date (YTD) return of 10.5% with the current yeild of 0.03%, while the total return for the last 3 years was 0.22%.
Check 1290 Multi 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 1290 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 1290 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 1290 Multi 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 1290 Multi Alternative Strategies Mutual Fund Constituents
| CLIX | ProShares Long OnlineShort | Etf | Long-Short Equity | |
| CWB | SPDR Bloomberg Convertible | Etf | Convertibles | |
| DBC | Invesco DB Commodity | Etf | Commodities Broad Basket | |
| DBV | Invesco | Etf | US Etf | |
| DGL | Invesco | Etf | US Etf | |
| FIBR | iShares Fixed Income | Etf | Corporate Bond | |
| HDG | ProShares Hedge Replication | Etf | Multistrategy | |
| MNA | IQ Merger Arbitrage | Etf | Event Driven |
1290 Multi Alternative Risk Profiles
| Mean Deviation | 0.2671 | |||
| Semi Deviation | 0.1731 | |||
| Standard Deviation | 0.3358 | |||
| Variance | 0.1128 |
1290 Multi Against Markets
Other Information on Investing in 1290 Mutual Fund
1290 Multi financial ratios help investors to determine whether 1290 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 1290 with respect to the benefits of owning 1290 Multi security.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |