About FAAAX
K2 Alternative Strategies Fund Class A is a U.S. mutual fund pursuing capital appreciation with lower volatility than broad equity markets through a diversified, multi‑strategy alternatives approach. It allocates across non‑traditional strategies such as long/short equity, relative value, event driven, and global macro, blending underlying managers and instruments to target differentiated return drivers and modest correlation to traditional stock and bond benchmarks. The fund sits in the multistrategy alternatives category and is structured as a front‑load share class with an expense ratio in the mid‑2% range and a typical minimum initial investment of $1,000. Portfolio exposures are dynamically managed and may include cash equivalents, derivatives, and opportunistic credit and equity‑linked positions, reflecting its role as a diversifier within a broader asset allocation. By design, it seeks to provide a smoother return profile than global equities and a complementary source of potential returns across market cycles, aiming to help investors manage downside risk while maintaining participation in varied alternative risk premia.
Fund Family Franklin Templeton, Inc
Category Multistrategy
Performance Rating Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol FAAAX
Share Class Class A
Index Index is not available on Lipper Database
FAAAX had a total return of 6.25% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.75%.
