Portfolio Statistics

Assets

Total Fund AssetsAs of 11/30/2019 (updated monthly) $1,281.2 (M)
Net Assets - Class C As of 10/31/2019 (updated monthly) $41.8 (M)

Exposure

Gross Exposure As of 10/31/2019 (updated monthly), % of Total 159.25%
Net Exposure As of 10/31/2019 (updated monthly), % of Total 33.36%
Long Exposure As of 10/31/2019 (updated monthly), % of Total 96.30%
Short Exposure As of 10/31/2019 (updated monthly), % of Total -62.95%

Value at Risk

Value at Risk (Fund)As of 10/31/2019 (updated monthly) -1.96%

Portfolio Details

Strategy Breakdown % of Invested Capital As of 10/31/2019

No chart available for this data.
[category] Target Allocation
% of Invested Capital
Actual Allocation
% of Invested Capital
Long Short Equity 25%-40% 30.49%
Global Macro 0%-30% 25.27%
Relative Value 30%-45% 24.45%
Event Driven 10%-30% 19.78%

Geographic Exposure % of Total As of 10/31/2019

Gross Exposure% of Total Net Exposure% of Total
North America 95.16% 27.15%
Europe 45.48% 2.44%
Asia Pacific 11.44% 0.13%
Global & Emerging Markets 5.40% 2.73%
South America 1.77% 0.91%

Asset Class Exposure % of Total As of 10/31/2019

Gross Exposure% of Total Net Exposure% of Total
Equity 93.48% 21.43%
Fixed Income 39.53% 26.32%
Currency 24.77% -13.80%
Commodities 1.47% -0.59%

Security Type Exposure% of Total As of 10/31/2019

Gross Exposure% of Total Net Exposure% of Total
Direct Securities 69.87% 44.13%
Single Security Derivatives 54.71% -3.76%
Index/Multi-Security Derivatives 34.68% -7.01%

TOP LONG EXPOSURE % of Total (Equity Only) As of 10/31/2019

[holdings-table-heading]
WELLCARE HEALTH PLANS INC 1.21%
GENESEE & WYOMING INC 1.17%
CELGENE CORP 1.03%
ZAYO GROUP HOLDINGS INC 0.96%
ALLERGAN PLC 0.89%
WESTJET AIRLINES LTD 0.88%
WABCO HOLDINGS INC 0.81%
SHERWIN-WILLIAMS CO/THE 0.71%
CAESARS ENTERTAINMENT CORP 0.64%
MICROSOFT CORP 0.60%

TOP SHORT EXPOSURE % of Total (Equity Only) As of 10/31/2019

[holdings-table-heading]
CENTENE CORP -0.70%
BRISTOL-MYERS SQUIBB CO -0.56%
BB&T CORP -0.54%
ABBVIE INC -0.35%
FLUTTER ENTERTAINMENT PLC -0.34%
RAYTHEON CO -0.23%
ELDORADO RESORTS INC -0.21%
LINCOLN ELECTRIC HOLDINGS INC -0.16%
COLRUYT SA -0.15%
MICROCHIP TECHNOLOGY INC -0.11%

Manager Allocation % of Invested Capital As of 10/31/2019

Allocation
Event Driven 19.79%
Bardin Hill Investment Partners L.P. 10.07%
P. Schoenfeld Asset Management L.P. 9.72%
Global Macro 25.27%
H2O Asset Management 7.65%
Emso Asset Management Limited 7.42%
Grantham, Mayo, Van Otterloo & Co. LLC 6.37%
Graham Capital Management, L.P. 3.83%
Long Short Equity 30.49%
Chilton Investment Company, LLC 7.14%
Jennison Associates, LLC 6.64%
Portland Hill Asset Management Limited 6.38%
Impala Asset Management, LLC 5.49%
Wellington Management Company, LLP 4.84%
Relative Value 24.45%
Lazard Asset Management, LLC 8.51%
Loomis Sayles & Company, L.P. 6.84%
Chatham Asset Management, LLC 4.96%
Ellington Global Asset Management, LLC 4.14%