AlphaClone Alternative Alpha ETF
The AlphaClone Alternative Alpha ETF seeks to track the price and yield, before fees and expenses, of the AlphaClone Hedge Fund Long/Short Index.
As of 05/31/2012
|Short Selling Allowed||Yes|
|Gross Expense Ratio||0.95%|
|Investment Advisor||Exchange Traded
|Index Owner||AlphaClone LLC|
|Distributor||Quasar Distributors LLC|
Fund Net Asset Value
As of 09/02/2014
|Total Net Assets||$79,280,588.54|
|Download Most Recent NAV / NAV History .CSV|
As of 06/30/2013
30 Day SEC Yield:
An annualized yield that is calculated by dividing the investment income earned by the fund less expenses over the most recent 30 day period by the current maximum offering price.
Weighted Average Market Cap:
Sum of the market capitalization of each holding in the fund multiplied by that holding's relative weight in the fund.
|30 Day SEC Yield||0.18%|
|Number of Holdings||86|
|Weighted Average Market Cap||$41.081B|
The AlphaClone Hedge Fund Long/Short Index tracks the performance of US-traded equity securities to which hedge funds and institutional investors have disclosed significant exposure. The proprietary index methodology developed by AlphaClone ranks hedge funds and institutional investors based on the efficacy of replicating their publicity disclosed positions. Equities are selected from those managers with the highest ranking, or "Clone Score". The index is risk managed in that it can vary between being long only and market hedged based on certain rules-driven relative price targets tied to a broad market index.
Fund performance shown is based on the fund's NAV.
As of 07/31/2014
As of 06/30/2014
Returns are average annualized total returns, except those for periods of less than one year, which are cumulative.
Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted.
Short term performance, in particular, is not a good indication of the fund's future performance, and an investment should not be made based solely on returns.
Gross Expense Ratio: 0.95%
Fund Market Price
As of 09/02/2014
The volume of shares traded on the fund's primary exchange throughout the previous business day.
|Exchange Volume (shares)||13,114|
|Premium Discount to Nav Chart|