AGFiQ U.S. Market Neutral Momentum Fund

Frequently Asked Questions About MOM

What does MOM invest in?

The investment seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Thematic Market Neutral Momentum Index. The fund invests at least 80% of its net assets in common stock of the long positions in the underlying index and sell short at least 80% of the short positions in the underlying index. The index is a long/short market neutral index that is dollar-neutral. As such, it identifies long and short securities positions of approximately equal dollar amounts. In choosing to track a market neutral index, the fund seeks to limit the effects of general market movements on the fund.

What is the expense ratio of MOM?

AGFiQ U.S. Market Neutral Momentum Fund (MOM) charges an expense ratio of 2.58%. This is the annual fee deducted from fund assets to cover management and operations.

How big is MOM?

AGFiQ U.S. Market Neutral Momentum Fund (MOM) manages $4.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is MOM actively managed or an index fund?

MOM's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was MOM launched?

AGFiQ U.S. Market Neutral Momentum Fund (MOM) launched in September 2011 and is managed by AGFiQ.

How has MOM performed?

MOM's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.