Virtus AlphaSimplex Global Alternatives Fund Class C (GAFCX)

Fund Assets	74.81M
Expense Ratio	2.29%
Min. Investment	$2,500
Turnover	124.00%
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	n/a

Previous Close	10.62
YTD Return	n/a
1-Year Return	3.24%
5-Year Return	17.19%
52-Week Low	9.03
52-Week High	10.62
Beta (5Y)	n/a
Holdings	1367
Inception Date	Sep 30, 2008

About GAFCX

Virtus AlphaSimplex Global Alternatives Fund Class C is an open‑end mutual fund focused on **multi‑strategy alternative investments**. The fund’s primary objective is to provide **capital appreciation** with risk and return characteristics similar to a diversified portfolio of hedge funds, while aiming for **lower volatility than major equity indexes**. It implements a blend of **hedge fund replication** and **alternative risk premia** approaches, using advanced quantitative models to capture diversified return streams that have historically shown low correlation to traditional asset classes. The strategy is executed through a globally diversified mix of **equities, fixed income, currencies, and commodities**, primarily via liquid futures, forwards, swaps, and individual securities to establish both long and short exposures across regions and asset classes. By targeting an intermediate volatility profile—typically between that of global equities and core bonds—the fund is designed to serve as a **core holding in the alternatives allocation** of a portfolio, offering diversification away from traditional market beta and exposure to multiple systematic trading styles and risk factors.

• Fund Family: Virtus
• Category: Multistrategy
• Stock Exchange: NASDAQ
• Ticker Symbol: GAFCX
• Share Class: Class C
• Index: Barclay Fund of Funds Index

Performance

GAFCX had a total return of 3.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.66%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
GAFNX	Class R6	1.24%
GAFYX	Class I	1.29%
GAFAX	Class A	1.54%

Top 10 Holdings

71.14% of assets

Name	Symbol	Weight
Dreyfus Government Cash Management Fund	DGCXX	37.06%
Usd/Sek Fwd 20260318 0642	n/a	6.07%
Usd/Chf Fwd 20260318 0642	n/a	5.82%
Nok/Usd Fwd 20260318 0642	n/a	5.00%
United States Treasury Bills 3.85158%	B.0 01.06.26	4.44%
Usd/Nzd Fwd 20260318 0642	n/a	3.79%
Us Dollar	n/a	3.01%
Alphasimplex Global Alternatives Cayman Fund Ltd	n/a	2.88%
Usd/Sgd Fwd 20260318 0642	n/a	1.87%
Zar/Usd Fwd 20260318 0642	n/a	1.20%