Vivaldi Multi-Strategy Fund

Frequently Asked Questions About OMOAX

What does OMOAX invest in?

The fund's adviser entrusts a segment of its assets to a team of highly experienced investment managers. These professionals employ a broad spectrum of investment strategies and methodologies. A substantial portion, up to 85% of its total net assets, may be allocated to derivative instruments. This encompasses products like structured financial vehicles, options, futures, forward foreign exchange contracts, and various swap agreements, including credit-default swaps.

What is the expense ratio of OMOAX?

An expense ratio for Vivaldi Multi-Strategy Fund (OMOAX) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

How big is OMOAX?

Vivaldi Multi-Strategy Fund (OMOAX) manages $41.7M 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 OMOAX actively managed or an index fund?

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

When was OMOAX launched?

Vivaldi Multi-Strategy Fund (OMOAX) launched in December 2011 and is managed by the fund issuer.

How has OMOAX performed?

OMOAX'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.