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Key Stats

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Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.75% 0.02% 6.454M 1180.47
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (All)
0.00% 22.00% -- Upgrade

Basic Info

Investment Strategy
The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of its underlying index, the Water Island Merger Arbitrage USD Hedged Index. The fund seeks to track the performance of the index, which is designed to reflect a global merger arbitrage strategy. Under normal market conditions, it will invest at least 80% of its net assets (including borrowings for investment purposes) in the constituents of the index and in financial instruments with economic characteristics similar to such constituents such as swaps on such constituents. The fund is non-diversified.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Alternative
Broad Category Alternative
Category Name Market Neutral
Category Index --
Prospectus Objective Growth and Income
Fund Owner Firm Name AltShares
Prospectus Benchmark Index
Water Island M&A hdg TR USD 100.0%
Broad Asset Class Benchmark Index
^MSACWINTR 100.0%
Manager Tenure
Christopher Plunkett 0.32 yrs
Eric Becker 0.32 yrs
John Orrico 0.32 yrs

Net Fund Flows Versus Category

1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
No Data Available
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: --
-537.46M Category Low
2.327B Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
Date Unavailable

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
6M
YTD
1Y
3Y
5Y
10Y
Total Return (Price)
--
--
--
--
--
--
--
--
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
--
--
% Rank in Cat (NAV)
--
--
--
--
--
--
--
--
As of September 18, 2020. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

Edit comparables
Name
2013
2014
2015
2016
2017
2018
2019
YTD
--
--
--
--
--
--
--
--
22.80%
4.16%
-2.36%
7.86%
23.97%
-9.41%
26.60%
1.62%
5.20%
-8.44%
17.42%
-17.55%
5.53%
2.85%
-6.90%
26.16%
12.06%
-1.50%
-10.84%
13.51%
-4.98%
-17.02%
-0.29%
-32.41%
--
--
--
2.33%
8.47%
-2.26%
13.01%
4.92%
10.97%
0.29%
-6.24%
4.64%
-4.63%
-2.93%
-1.86%
-10.85%
As of September 18, 2020.

Fund Details

Key Dates
Inception Date 5/6/2020
Last Annual Report Date 5/31/2020
Last Prospectus Date 12/31/2019
Attributes
Enhanced Index Fund No
Index Fund Yes
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No

Asset Allocation

Type % Net % Long % Short
Cash -- -- --
Stock -- -- --
Bond -- -- --
Convertible -- -- --
Preferred -- -- --
Other -- -- --
No Data Available

Top Holdings

Name % Weight Price % Change
-- -- -- --
-- -- -- --
-- -- -- --
-- -- -- --
-- -- -- --
No Data Available

News

Headline
Wire
Time (ET)
No Data Available

Basic Info

Investment Strategy
The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of its underlying index, the Water Island Merger Arbitrage USD Hedged Index. The fund seeks to track the performance of the index, which is designed to reflect a global merger arbitrage strategy. Under normal market conditions, it will invest at least 80% of its net assets (including borrowings for investment purposes) in the constituents of the index and in financial instruments with economic characteristics similar to such constituents such as swaps on such constituents. The fund is non-diversified.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Alternative
Broad Category Alternative
Category Name Market Neutral
Category Index --
Prospectus Objective Growth and Income
Fund Owner Firm Name AltShares
Prospectus Benchmark Index
Water Island M&A hdg TR USD 100.0%
Broad Asset Class Benchmark Index
^MSACWINTR 100.0%
Manager Tenure
Christopher Plunkett 0.32 yrs
Eric Becker 0.32 yrs
John Orrico 0.32 yrs

Fund Details

Key Dates
Inception Date 5/6/2020
Last Annual Report Date 5/31/2020
Last Prospectus Date 12/31/2019
Attributes
Enhanced Index Fund No
Index Fund Yes
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No

News

Headline
Wire
Time (ET)
No Data Available