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Nasdaq - Delayed Quote USD

1290 Multi-Alternative Strategies A (TNMAX)

9.45
+0.03
+(0.32%)
At close: 8:02:17 PM EDT

Fund Summary

The fund pursues its investment objective by investing in exchange-traded securities of other investment companies or investment vehicles 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 alternative asset categories and strategies.

Risk Overview

Morningstar Risk Rating
Best 1Y Total Return 8.97%
Worst 1Y Total Return --
Number of Years Up 7
Number of Years Down 2

Performance & Risk

YTD Return 0.16%
5y Average Return 3.93%
Rank in Category (ytd) 35
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.40
Morningstar Risk Rating

Risk Statistics

3 Years 5 Years 10 Years
TNMAXCategory AverageTNMAXCategory AverageTNMAXCategory Average
Alpha -4.42 -0.01 -3.01 -0.02 -- -0
BETA 0.4 0 0.41 0 -- 0
Mean Annual Return 0.12 0 0.41 0 -- 0
R-squared 82.65 0.61 81.89 0.6 -- 0.58
Standard Deviation 7.25 0.08 7.1 0.06 -- 0.06
Sharpe Ratio -0.43 0 0.3 0 -- 0
Treynor Ratio -8.45 0.06 4.85 0.07 -- 0.1

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