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Trending ETFs

AMG Systematica Managed Futures Strategy Fund

mutual fund
SMFIX
Payout Change
Pending
Price as of:
$9.23 +0.03 +0.33%
primary theme
N/A
share class
I (SMFIX) Z (SMFZX) N (SMFNX)
SMFIX (Mutual Fund)

AMG Systematica Managed Futures Strategy Fund

Payout Change
Pending
Price as of:
$9.23 +0.03 +0.33%
primary theme
N/A
share class
I (SMFIX) Z (SMFZX) N (SMFNX)
SMFIX (Mutual Fund)

AMG Systematica Managed Futures Strategy Fund

Payout Change
Pending
Price as of:
$9.23 +0.03 +0.33%
primary theme
N/A
share class
I (SMFIX) Z (SMFZX) N (SMFNX)

Name

As of 12/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

AMG Systematica Managed Futures Strategy Fund

SMFIX | Fund

$9.23

$6.03 M

0.00%

2.86%

Vitals

YTD Return

N/A

1 yr return

N/A

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$6.03 M

Holdings in Top 10

85.6%

52 WEEK LOW AND HIGH

$9.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.86%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

AMG Systematica Managed Futures Strategy Fund

SMFIX | Fund

$9.23

$6.03 M

0.00%

2.86%

SMFIX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    AMG Systematica Managed Futures Strategy Fund
  • Fund Family Name
    AMGFUNDSGR
  • Inception Date
    May 09, 2024
  • Shares Outstanding
    N/A
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

The Fund uses a “trend following” strategy that seeks to algorithmically identify and profit from movements in markets relating to momentum or trends. The Systematica Group, which manages the Fund, believes that these trends exist because of market inefficiencies and are primarily due to investor behavior and the way in which information is disseminated across the broad investor universe.
The Systematica Group consists of Systematica Investments Limited, acting as general partner of Systematica Investments LP, the subadviser to the Fund (“Systematica” or the “Subadviser”), and Systematica Investments GP Limited, Systematica Investments Singapore Pte. Ltd, and Systematica Investments UK LLP (each a sub-subadviser to the Fund and collectively with Systematica, the “Systematica Group”).
The Fund generally seeks to gain exposure to major asset classes, such as fixed income, equities, currencies and commodities, by investing in derivative instruments. The Fund’s exposures to markets within an asset class, and the extent of its exposure to a particular asset class, will vary based on its trend following strategy. Exposures within an asset class may include any subset of the asset class, such as geographic region, industry, market capitalization, credit quality, underlying asset or other measure of value, and any other subset of the applicable asset class. The Fund may have investment exposure to foreign securities, including emerging market securities.
The Fund attempts to identify trends over multiple time horizons for each market traded. The time horizons used by the Fund to identify trends typically range from a few days to a few months, and are combined to produce an aggregate forecast for each applicable market. In each case, the model used to manage the Fund seeks to forecast returns for the applicable market in order to identify the position the Fund should take. Position decisions are made on a systematic basis using quantitative analysis based on algorithms overseen by the Systematica Group.
Generally, the Fund gains exposure to asset classes by investing in futures contracts and forwards, including, but not limited to, commodity futures, currencies, currency forwards, equity index futures, bond futures and interest rate futures. Derivative instruments may be exchange-traded or over-the-counter. The Fund may take either a long or a short position in a given market, and will typically take a long position in a market that is viewed as being in an up trend and will typically take a short position in a market that is viewed as being in a down trend. The Fund may also retain amounts in cash or cash equivalents, including U.S. government securities and money market and similar funds, as collateral for the derivatives positions the Fund takes, pending reinvestment or to the extent consistent with the Fund’s investment objective. The Fund seeks absolute returns, meaning it seeks positive returns over time that are not intended to be correlated to the returns of a particular asset class, market index or benchmark during that time period.
The Fund intends to make investments directly and through its wholly-owned and controlled subsidiary, organized under the laws of the Cayman Islands (the “Subsidiary”), and may invest up to 25% of its total assets (measured at the time of investment) in the Subsidiary. The Fund will invest in the Subsidiary in order to gain exposure to the commodities markets within the limitations of the federal tax laws, rules and regulations that apply to registered investment companies. The Systematica Group also manages the assets of the Subsidiary. Generally, the Subsidiary will invest primarily in commodity futures. Unlike the Fund, the Subsidiary may invest without limitation in commodity-linked derivative instruments, however, the Fund and the Subsidiary will comply with Rule 18f-4 under the Investment Company Act of 1940, as amended, on a consolidated basis with respect to investments by the Subsidiary in derivatives.
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SMFIX - Performance

Return Ranking - Trailing

Period SMFIX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A N/A N/A N/A
1 Yr N/A N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period SMFIX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period SMFIX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A N/A N/A N/A
1 Yr N/A N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period SMFIX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

NAV & Total Return History

SMFIX - Holdings

Concentration Analysis

SMFIX Category Low Category High SMFIX % Rank
Net Assets 6.03 M N/A N/A N/A
Number of Holdings 181 N/A N/A N/A
Net Assets in Top 10 5.17 M N/A N/A N/A
Weighting of Top 10 85.61% N/A N/A N/A

Top 10 Holdings

  1. FICC 83.00%
  2. GOLD 100 OZ 0.75%
  3. LME COPPER 0.34%
  4. USD/GBP FORWARD 0.29%
  5. CORN 0.27%
  6. SHORT EURO-BTP 0.23%
  7. LME COPPER 0.19%
  8. NY HARB ULSD 0.18%
  9. EURO-BTP 0.17%
  10. SEK/USD FORWARD 0.17%

Asset Allocation

Weighting Return Low Return High SMFIX % Rank
Other 		84.90% N/A N/A N/A
Cash 		15.10% N/A N/A N/A
Stocks 		0.00% N/A N/A N/A
Preferred Stocks 		0.00% N/A N/A N/A
Convertible Bonds 		0.00% N/A N/A N/A
Bonds 		0.00% N/A N/A N/A

SMFIX - Expenses

Operational Fees

SMFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.86% N/A N/A N/A
Management Fee 1.20% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

SMFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

SMFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

SMFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

SMFIX - Distributions

Dividend Yield Analysis

SMFIX Category Low Category High SMFIX % Rank
Dividend Yield 0.00% N/A N/A N/A

Dividend Distribution Analysis

SMFIX Category Low Category High Category Mod
Dividend Distribution Frequency None

Net Income Ratio Analysis

SMFIX Category Low Category High SMFIX % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

SMFIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

View More +

SMFIX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A

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