Seeks long-term growth of capital.
*Read the Prospectus for more information
| Class A | Class I | Class R | |
|---|---|---|---|
| Net asset value as of | |||
| Daily change $ | |||
| Daily change % | |||
| Status | Open | Open | Open |
| Ticker | |||
| CUSIP | |||
| ISIN | US68246A8430 | US68246A8273 | US68246A8190 |
| Investment minimum* | $1,000 for all accounts except:
|
$1,000,000 for certain institutions and individuals
|
No minimum |
The Fund pursues its investment objective by investing in exchange traded securities of other investment companies or investment vehicles ("Underlying ETFs") 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 (alternative) asset categories and strategies. The Fund seeks to invest its assets among the Underlying ETFs to achieve a diversified exposure across multiple non-traditional (alternative) asset categories and strategies.
| Security | Weight % |
|---|
The top holdings listed exclude cash and cash equivalents. Holdings are subject to change. The holdings listed should not be considered recommendations to purchase or sell a particular security.
1Quarter holdings are based on the fiscal year
| Total returns | |
|---|---|
| Total returns | |
|---|---|
| Total returns | |
|---|---|
Risk Measures and Statistics:
Source: Equitable Investment Management and Morningstar Inc. Past performance is no indication of future results.
See definitions here.
Click here to download performance for all funds.
Performance data quoted represents past performance. Past performance does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance data may be higher or lower than actual data quoted. For the most current month-end performance data please call (888) 310-0416.
One cannot invest directly in an index.
Returns for periods of less than one year are not annualized.
1Fund inception date of July 6, 2015.
2Maximum Offering Price (MOP) for Class A shares includes the Fund's maximum sales charge of 5.50%. Performance shown at NAV does not include these sales charges and would have been lower had it been taken into account.
3ICE BofA US 3-Month Treasury Bill Index measures the returns of negotiable debt obligations issued by the U.S. government and backed by its full faith and credit, having a maturity of three months.
| Overall | 3 year | 5 year | |
|---|---|---|---|
| Rating | |||
| # of funds |
Overall Morningstar Rating as of based on risk-adjusted returns (I share).
| rank percentile | Morningstar RatingTM | Out of # of funds | |
|---|---|---|---|
| 1 year | |||
| 3 year | |||
| 5 year |
As of , for class I shares (). Other share classes may have different ratings. The Morningstar Rating™ for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10- year (if applicable) Morningstar Rating metrics. Past performance is no guarantee of future results. The Morningstar percentile ranking is based on the fund’s total-return percentile rank relative to all managed products that have the same category for the same time period. The highest (or most favorable) percentile rank is 1%, and the lowest (or least favorable) percentile rank is 100%. Morningstar total return includes both income and capital gains or losses and is not adjusted for sales charges.
| Fund | Gross expense ratio | Net expense ratio4 |
|---|---|---|
| Class A shares | ||
| Class I shares | ||
| Class R shares |
4The Adviser has contractually agreed to limit the annual operating expenses of each Class through April 30, 2027. Please see the prospectus for additional information.
| Class | Record date | Ex-date | Payable date | Ordinary income | Short-term capital gain | Long-term capital gain | Total |
|---|---|---|---|---|---|---|---|
Risks: Market. The Fund is subject to the risk that the securities markets will move down, sometimes rapidly and unpredictably, based on overall economic conditions and other factors, which may negatively affect Fund performance. The value of a security can be more volatile than the market as a whole and can perform differently from the market as a whole. Any issuer of securities may perform poorly, causing the value of its securities to decline. Poor performance may be caused by a variety of factors. Alternative Investment. To the extent the Fund invests in Underlying ETFs that invest in alternative investments, it will be subject to the risks associated with such investments. Alternative investments may have different characteristics and risks than do traditional investments, can be highly volatile, may be less liquid, particularly in periods of stress, and may be more complex and less transparent than traditional investments. The use of alternative investments may not achieve the desired effect and may result in losses to the Fund. Equity. In general, the values of stocks and other equity securities fluctuate, and sometimes widely fluctuate, in response to changes in a company’s financial condition as well as general market, economic and political conditions and other factors. Commodity. Exposure to the commodities markets may subject the Fund to greater volatility than investments in traditional securities, and changes in those markets may cause the Fund’s holdings to lose value. Momentum. Momentum entails investing more in securities that have recently had higher total returns and investing less in securities that have recently had lower total returns. Liquidity. From time to time, there may be little or no active trading market for a particular investment in which the Fund may invest or is invested. In such a market, the value of such an investment and the Fund’s share price may fall dramatically. Portfolio Management. The Fund is subject to the risk that strategies used by an investment manager and its securities selections fail to produce the intended results. Interest Rate. Changes in interest rates may affect the yield, liquidity and value of investments in income producing or debt securities. Derivatives. The Fund’s investments in derivatives may rise or fall in value more rapidly than other investments and may reduce the Fund’s returns and increase the volatility of the Fund’s net asset value. Foreign Securities. Investments in foreign securities involve risks in addition to those associated with investments in U.S. securities. Foreign markets may be less liquid, more volatile and subject to less government supervision and regulation than U.S. markets. Real Estate. Real estate-related investments may decline in value as a result of factors affecting the overall real estate industry.
Personal investors:
(888) 310-0416
To obtain a prospectus:
[email protected]
Media inquiries:
Equitable US Media Relations
[email protected]
* Required Information
