The Arbitrage Event Driven Fund Quote
| AEDNX Fund | USD 11.87 0.06 0.50% |
Performance5 of 100
| Odds Of DistressLess than 21
|
The Arbitrage is trading at 11.87 as of the 4th of December 2024; that is 0.5 percent decrease since the beginning of the trading day. The fund's open price was 11.93. The Arbitrage has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for The Arbitrage Event Driven are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of June 2024 and ending today, the 4th of December 2024. Click here to learn more.
The fund invests in equity and debt and debt-like instruments of companies whose prices the funds investment adviser believes are or will be impacted by a corporate event. Specifically, the fund employs investment strategies designed to capture price movements generated by corporate events such as mergers, acquisitions, asset sales, restructurings, refinancings, recapitalizations, reorganizations or other special situations . More on The Arbitrage Event Driven
Moving together with The Mutual Fund
The Mutual Fund Highlights
| Fund Concentration | Arbitrage Fund Funds, Large Funds, Event Driven Funds, Event Driven, Arbitrage Fund, Large, Event Driven (View all Sectors) |
| Update Date | 31st of December 2024 |
| Expense Ratio Date | 30th of September 2022 |
| Fiscal Year End | May |
The Arbitrage Event Driven [AEDNX] is traded in USA and was established 4th of December 2024. The Arbitrage is listed under Arbitrage Fund category by Fama And French industry classification. The fund is listed under Event Driven category and is part of Arbitrage Fund family. This fund presently has accumulated 109.85 M in assets under management (AUM) with minimum initial investment of 100 K. Arbitrage Event is currently producing year-to-date (YTD) return of 2.4% with the current yeild of 0.01%, while the total return for the last 3 years was 2.83%.
Check The Arbitrage Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on The Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding The Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as The Arbitrage Event Driven Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top The Arbitrage Event Driven Mutual Fund Constituents
| XL | XL Fleet Corp | Stock | US Stock | |
| COHR | Coherent | Stock | Information Technology | |
| NXPI | NXP Semiconductors NV | Stock | Information Technology | |
| AWH | Aspira Womens Health | Stock | Health Care | |
| MBLY | Mobileye Global Class | Stock | Consumer Discretionary | |
| TFC | Truist Financial Corp | Stock | Financials | |
| AMTD | AMTD IDEA Group | Stock | Financials | |
| BABA | Alibaba Group Holding | Stock | Consumer Discretionary |
The Arbitrage Top Holders
| ARGAX | The Arbitrage Fund | Mutual Fund | Event Driven | |
| ARBFX | The Arbitrage Fund | Mutual Fund | Event Driven | |
| ARBCX | The Arbitrage Fund | Mutual Fund | Event Driven | |
| ARBNX | The Arbitrage Fund | Mutual Fund | Event Driven |
Arbitrage Event Risk Profiles
| Mean Deviation | 0.1671 | |||
| Standard Deviation | 0.2358 | |||
| Variance | 0.0556 | |||
| Risk Adjusted Performance | (0.05) |
The Arbitrage Against Markets
Other Information on Investing in The Mutual Fund
The Arbitrage financial ratios help investors to determine whether The Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in The with respect to the benefits of owning The Arbitrage security.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |