About SRDAX
Stone Ridge Diversified Alternatives Fund Class I is an actively managed mutual fund designed to deliver diversified alternative returns to long-term investors. Managed by Stone Ridge Asset Management since its 2020 inception, this fund adopts a multi-strategy approach, incorporating a unique blend of alternative investments that traditionally exhibit low correlation to conventional equity and bond markets. Its strategies span reinsurance, market risk transfer, style premium investing, alternative lending, single-family real estate, and select exposures such as Bitcoin, aiming for steady total returns by capitalizing on various risk premium opportunities.
The fund targets consistent cash flows and portfolio diversification, catering to investors seeking to dampen volatility and reduce reliance on standard asset classes. Its portfolio is broadly diversified, typically including U.S. Treasury bills, alternative lending vehicles, and specialized investment funds, with a substantial allocation to bonds and cash holdings. This structure enables investors to access alternative return streams within a daily liquid, transparent mutual fund format. The fund's risk profile is average for the alternative multistrategy category, and it has been recognized for its risk-adjusted performance.
Fund Family STONE RIDGE
Category Multistrategy
Performance Rating Above Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol SRDAX
Share Class Class I
SRDAX had a total return of 12.10% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.70%.
