iMGP Alternative Strategies Fund

Frequently Asked Questions About MASFX

What does MASFX invest in?

The fund aims to achieve consistent long-term growth by demonstrating lower risk and volatility compared to the broader stock market, while also maintaining minimal correlation to traditional equity and bond market indexes. Over extended periods, the advisor's specific target is to deliver an annualized return that surpasses LIBOR by 4% to 8%. This objective is pursued through investment in a diverse range of strategies, carefully chosen by the advisor for their individual attractive risk-return profiles, which are considered even more potent when combined.

What is the expense ratio of MASFX?

iMGP Alternative Strategies Fund (MASFX) charges an expense ratio of 1.37%. This is the annual fee deducted from fund assets to cover management and operations.

What is the duration of MASFX?

Effective duration measures MASFX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. MASFX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of MASFX?

MASFX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of MASFX?

Yield to maturity (YTM) is the total return you'd earn from MASFX if every bond in the portfolio is held to maturity at the current price. MASFX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.

How big is MASFX?

iMGP Alternative Strategies Fund (MASFX) manages $21.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.