Virtus AlphaSimplex Global Alternatives Fund Class I (GAFYX)
| Fund Assets | 76.16M |
| Expense Ratio | 1.29% |
| Min. Investment | $100,000 |
| 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 | 11.95 |
| YTD Return | 3.91% |
| 1-Year Return | 7.18% |
| 5-Year Return | 26.23% |
| 52-Week Low | 10.10 |
| 52-Week High | 12.08 |
| Beta (5Y) | n/a |
| Holdings | 1367 |
| Inception Date | Sep 30, 2008 |
About GAFYX
Virtus AlphaSimplex Global Alternatives Fund Class I is an open‑end mutual fund focused on **multi‑strategy alternative investments**. Its primary objective is to provide capital appreciation with a risk/return profile similar to a diversified portfolio of hedge funds, while seeking lower volatility than major equity indexes. The fund is managed by AlphaSimplex, a systematic alternatives manager that employs **quantitative models** to allocate across hedge fund replication and alternative risk premia strategies. It gains long and short exposure to global **equity, fixed income, currency, and commodity** markets primarily through liquid futures, individual equities (including via total return swaps), and forward contracts. These diversified exposures are risk‑weighted to target volatility between that of stocks and bonds, positioning the fund as a **core component in a portfolio’s alternatives allocation**. The strategy is intended to exhibit low to modest sensitivity to traditional market indexes and to provide differentiated return drivers relative to long-only equity and bond funds.
Performance
GAFYX had a total return of 7.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.24%.
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% |