Returns Chart

Key Stats

Net Expense Ratio Total Assets Under Management Weighted Average Dividend Yield Turnover Ratio (Generic)
2.18% 534.78M -- 267.0%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized Total Returns Since Inception (Daily) Max Drawdown (Since Inception)
-68.75M 8.96% Upgrade Upgrade

Basic Info

Investment Strategy
The Fund seeks capital appreciation with lower volatility relative to the broad equity markets. The Fund allocates its assets across multiple non-traditional or alternative strategies, including, but not limited to; Long Short Equity, Relative Value, Event Driven and Global Macro, each of which is described below.
General
Security Type Mutual Fund
Broad Asset Class Alternative
Broad Category Alternative Strategies
Global Peer Group Alternative Multi Strategies
Peer Group Alternative Multi-Strategy Funds
Global Macro Liquid Alternatives
US Macro Alternative Equity Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Alternative Multi-Strategy Funds
Fund Owner Firm Name Franklin Templeton
Broad Asset Class Benchmark Index
^MSACWINTR 100.0%

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Net Fund Flows Versus Peer Group

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: 64
-91.76M Peer Group Low
390.34M Peer Group High
1 Year
% Rank: 78
-68.75M
-687.31M Peer Group Low
3.180B Peer Group High
3 Months
% Rank: 53
-211.79M Peer Group Low
752.21M Peer Group High
3 Years
% Rank: 93
-2.953B Peer Group Low
4.314B Peer Group High
6 Months
% Rank: 74
-410.33M Peer Group Low
2.290B Peer Group High
5 Years
% Rank: 97
-2.769B Peer Group Low
4.447B Peer Group High
YTD
% Rank: 74
-608.23M Peer Group Low
3.118B Peer Group High
10 Years
% Rank: 87
-3.818B Peer Group Low
6.723B Peer Group High
Date Unavailable

Performance Versus Peer Group

 
20%
15%
10%
5%
0
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
Peer Group Rtn. (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
% Rank in Peer Group (NAV)
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
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Annual Total Returns Versus Peers

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Name
2018
2019
2020
2021
2022
2023
2024
YTD
-2.01%
7.49%
7.43%
2.91%
-7.92%
3.01%
11.68%
8.47%
-9.41%
26.60%
16.25%
18.54%
-18.36%
22.20%
17.49%
21.69%
--
--
--
6.28%
-2.93%
11.25%
6.83%
3.77%
-6.08%
10.48%
-2.06%
1.39%
-0.56%
3.80%
9.88%
6.58%
-4.59%
7.14%
3.95%
2.71%
-11.49%
4.81%
8.61%
12.61%
-4.20%
8.19%
5.21%
5.63%
-1.70%
6.57%
8.95%
9.69%
As of December 05, 2025.

Fundamentals

General
Distribution Yield --
Dividend Yield TTM (12-3-25) 6.16%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings 1981
Stock
Weighted Average PE Ratio 33.19
Weighted Average Price to Sales Ratio 8.030
Weighted Average Price to Book Ratio 6.596
Weighted Median ROE -51.43%
Weighted Median ROA -2.96%
ROI (TTM) -3.56%
Return on Investment (TTM) -3.56%
Earning Yield 0.0376
LT Debt / Shareholders Equity 1.196
Number of Equity Holdings 282
Bond
Yield to Maturity (8-31-25) 2.73%
Effective Duration --
Average Coupon 4.03%
Calculated Average Quality 4.585
Effective Maturity 1.835
Nominal Maturity 3.544
Number of Bond Holdings 354
As of August 31, 2025

Growth Metrics

EPS Growth (1Y) 19.06%
EPS Growth (3Y) 4.27%
EPS Growth (5Y) 8.90%
Sales Growth (1Y) 13.51%
Sales Growth (3Y) 11.83%
Sales Growth (5Y) 11.04%
Sales per Share Growth (1Y) 23.66%
Sales per Share Growth (3Y) 10.33%
Operating Cash Flow - Growth Rate (3Y) 11.96%
As of August 31, 2025

Fund Details

Key Dates
Inception Date 10/11/2013
Last Annual Report Date 5/31/2025
Last Prospectus Date 10/1/2025
Share Classes
FAAAX A
FABZX Adv
FASCX C
FSKKX Retirement
Attributes
Index Fund --
Inverse Fund No
Leveraged Fund --
Fund of Funds No
Currency Hedged Fund --
Synthetic Replication Fund No

Asset Allocation

As of August 31, 2025.
Type % Net
Cash 9.13%
Stock 22.74%
Bond 53.52%
Convertible 0.00%
Preferred -0.05%
Other 14.66%
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Top 10 Holdings

Name % Weight Price % Change
Dreyfus Government Cash Management Institutional 15.54% 1.00 0.00%
K2 Holdings Investment Corporation
10.94% -- --
Comcast Holdings Corporation CMCSA-HldgsCrp 2.0 11/15/2029 FIX USD Corporate 4.56% -- --
Comcast Holdings Corporation CMCSA-HldgsCrp 2.0 10/15/2029 FIX USD Corporate 4.53% -- --
Other Assets less Liabilities
3.59% -- --
Fidelity Instl Government Portfolio I 3.08% 1.00 0.00%
2YR T-NOTE DEC25
2.75% -- --
United States of America USGB 10/23/2025 FIX USD Government (Matured) 2.28% 100.00 0.00%
BOBL FUT 6% SEP5
2.15% -- --
United States of America USGB 11/06/2025 FIX USD Government (Matured) 2.09% 100.00 0.00%

Fees & Availability

Fees
Actual 12B-1 Fee --
Actual Management Fee 1.48%
Administration Fee --
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Minimum Initial Investment 1.00M None
Minimum Subsequent Investment 0.00 None

Basic Info

Investment Strategy
The Fund seeks capital appreciation with lower volatility relative to the broad equity markets. The Fund allocates its assets across multiple non-traditional or alternative strategies, including, but not limited to; Long Short Equity, Relative Value, Event Driven and Global Macro, each of which is described below.
General
Security Type Mutual Fund
Broad Asset Class Alternative
Broad Category Alternative Strategies
Global Peer Group Alternative Multi Strategies
Peer Group Alternative Multi-Strategy Funds
Global Macro Liquid Alternatives
US Macro Alternative Equity Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Alternative Multi-Strategy Funds
Fund Owner Firm Name Franklin Templeton
Broad Asset Class Benchmark Index
^MSACWINTR 100.0%

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Fundamentals

General
Distribution Yield --
Dividend Yield TTM (12-3-25) 6.16%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings 1981
Stock
Weighted Average PE Ratio 33.19
Weighted Average Price to Sales Ratio 8.030
Weighted Average Price to Book Ratio 6.596
Weighted Median ROE -51.43%
Weighted Median ROA -2.96%
ROI (TTM) -3.56%
Return on Investment (TTM) -3.56%
Earning Yield 0.0376
LT Debt / Shareholders Equity 1.196
Number of Equity Holdings 282
Bond
Yield to Maturity (8-31-25) 2.73%
Effective Duration --
Average Coupon 4.03%
Calculated Average Quality 4.585
Effective Maturity 1.835
Nominal Maturity 3.544
Number of Bond Holdings 354
As of August 31, 2025

Growth Metrics

EPS Growth (1Y) 19.06%
EPS Growth (3Y) 4.27%
EPS Growth (5Y) 8.90%
Sales Growth (1Y) 13.51%
Sales Growth (3Y) 11.83%
Sales Growth (5Y) 11.04%
Sales per Share Growth (1Y) 23.66%
Sales per Share Growth (3Y) 10.33%
Operating Cash Flow - Growth Rate (3Y) 11.96%
As of August 31, 2025

Fund Details

Key Dates
Inception Date 10/11/2013
Last Annual Report Date 5/31/2025
Last Prospectus Date 10/1/2025
Share Classes
FAAAX A
FABZX Adv
FASCX C
FSKKX Retirement
Attributes
Index Fund --
Inverse Fund No
Leveraged Fund --
Fund of Funds No
Currency Hedged Fund --
Synthetic Replication Fund No

Top Portfolio Holders

Name % Weight
Portfolio A 5.00%
Portfolio B 3.50%
Portfolio C 2.25%
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Excel Add-In Codes

Name: =YCI("M:FASRX", "name")
Broad Asset Class: =YCI("M:FASRX", "broad_asset_class")
Broad Category: =YCI("M:FASRX", "broad_category_group")
Prospectus Objective: =YCI("M:FASRX", "prospectus_objective")
To find the codes for any of our securities and financial metrics, see our Complete Excel Reference.
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