Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
Multi-Manager Directional Alt Strat Inst CDAZX
- NAV / 1-Day Return 7.64 / +1.06 %
- Total Assets 281.2 Mil
-
Adj. Expense Ratio
- Expense Ratio 2.240%
- Distribution Fee Level Above Average
- Share Class Type Institutional
- Category Long-Short Equity
- Investment Style Mid Blend
- Min. Initial Investment 100
- Status Open
- TTM Yield 1.19%
- Turnover 193%
USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:28 PM GMT+0
Morningstar’s Analysis CDAZX
Will CDAZX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 11.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
MS-CS OTC CASH COLLATERAL | 21.75 | 60.5 Mil | Cash and Equivalents |
MS-CS OTC CASH COLLATERAL | 10.15 | 28.2 Mil | Cash and Equivalents |
MS-CS OTC CASH COLLATERAL | 6.44 | 17.9 Mil | Cash and Equivalents |
Columbia Short-Term Cash | 4.82 | 13.4 Mil | Cash and Equivalents |
MS-CS OTC CASH COLLATERAL | 2.73 | 7.6 Mil | Cash and Equivalents |
Reddit Inc Class A Shares | 2.54 | 7.1 Mil | Communication Services |
Spotify Technology SA | 2.06 | 5.7 Mil | Communication Services |
Monday.Com Ltd Ordinary Shares | 1.97 | 5.5 Mil | Technology |
SharkNinja Inc | 1.87 | 5.2 Mil | Consumer Cyclical |
Glaukos Corp | 1.67 | 4.7 Mil | Healthcare |