About FASRX
K2 Alternative Strategies Fund Class R6 is a mutual fund designed to provide capital appreciation with reduced volatility relative to broad equity markets. The fund employs a multi-strategy approach, allocating assets across several alternative investment strategies, including long/short equity, relative value, event-driven, and global macro techniques. This diversified alternative strategy aims to generate returns independent of traditional stock and bond market movements, appealing to institutional investors seeking potential diversification and downside risk mitigation. With over 1,600 holdings and a significant asset base, the fund utilizes multiple managers to tactically and statically allocate across alternative strategies, maintaining over half its portfolio in its top ten holdings, which often include cash management instruments and derivatives. With a high minimum investment requirement and a comparatively elevated expense ratio, K2 Alternative Strategies Fund Class R6 holds a specialized role in the market as a risk-managed, alternatives-focused tool for sophisticated investors and organizations seeking multi-asset exposure beyond conventional investment portfolios.
Fund Family Franklin Templeton Investments
Category Multistrategy
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FASRX
Share Class Class R6
Index Index is not available on Lipper Database
FASRX had a total return of 9.32% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.14%.
