Redwood Systematic Macro Trnd (SMarT) N (RWSNX)
18.42
0.00 (0.00%)
USD |
Mar 31 2023
Key Stats
| Expense Ratio | Total Assets Under Management | Dividend Yield | Turnover Ratio |
|---|---|---|---|
| 1.62% | 239.09M | 0.00% | 934.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized All Time Total Returns (Daily) | Max Drawdown (All) |
| 31.83M | 8.53% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks to generate capital appreciation while focusing on managing downside risk. Utilizing a quantitative and tactical approach, the fund implements an investment strategy that seeks to hold a diversified portfolio of securities, ETFs, open-end investment companies and/or closed-end investment companies within any of the following asset classes when, in the view of the Adviser, various risk measurements show the potential to produce positive returns: domestic and international small-cap equities; growth and income equities; preferred securities; convertible bonds; high yield bonds and leveraged loans; emerging market bonds; and REITs. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | RWSIX |
| Equity Style | Mid Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | Alternative |
| Broad Category | Alternative |
| Category Name | Systematic Trend |
| Category Index | Credit Suisse Mgd Futures Liquid TR USD |
| Global Category Name | Alternative Miscellaneous |
| YCharts Categorization | Other |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | Growth |
| Fund Owner Firm Name | Redwood |
| Prospectus Benchmark Index | |
| Bloomberg Global Aggregate TR USD | 60.00% |
| S&P 500 TR USD | 40.00% |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
| Manager Tenure | |
| Michael Cheung | 5.33 yrs |
| Michael Messinger | 5.33 yrs |
| Richard Duff | 5.33 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
--
--
Category Low
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Category High
1 Year
% Rank:
62
31.83M
-61.85M
Category Low
1.850B
Category High
3 Months
% Rank:
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Category Low
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Category High
3 Years
% Rank:
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Category Low
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Category High
6 Months
% Rank:
--
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Category Low
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Category High
5 Years
% Rank:
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Category Low
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Category High
YTD
% Rank:
--
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Category Low
--
Category High
10 Years
% Rank:
--
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Category Low
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Category High
As of February 28, 2023
Risk
Performance Versus Category
As of March 31, 2023. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of March 31, 2023.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Recv Spdr Bbg Barc Convtb
|
13.30% | -- | -- |
|
Recv Ishares Iboxx High Y
|
13.20% | -- | -- |
|
Recv Ishares Preferred &
|
13.10% | -- | -- |
|
United States Treasury Notes 3.25%
|
6.20% | -- | -- |
|
United States Treasury Notes 3.125%
|
5.70% | -- | -- |
|
United States Treasury Notes 2.75%
|
5.44% | -- | -- |
| iShares Core S&P Small-Cap ETF | 5.24% | 96.70 | 1.86% |
| Vanguard Small-Cap ETF | 5.18% | 189.56 | 1.99% |
| First American Government Obligs X | 3.70% | 1.00 | 0.00% |
| Schwab International Small-Cap Eq ETF™ | 3.59% | 33.71 | 0.54% |
Basic Info
| Investment Strategy | |
| The investment seeks to generate capital appreciation while focusing on managing downside risk. Utilizing a quantitative and tactical approach, the fund implements an investment strategy that seeks to hold a diversified portfolio of securities, ETFs, open-end investment companies and/or closed-end investment companies within any of the following asset classes when, in the view of the Adviser, various risk measurements show the potential to produce positive returns: domestic and international small-cap equities; growth and income equities; preferred securities; convertible bonds; high yield bonds and leveraged loans; emerging market bonds; and REITs. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | RWSIX |
| Equity Style | Mid Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | Alternative |
| Broad Category | Alternative |
| Category Name | Systematic Trend |
| Category Index | Credit Suisse Mgd Futures Liquid TR USD |
| Global Category Name | Alternative Miscellaneous |
| YCharts Categorization | Other |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | Growth |
| Fund Owner Firm Name | Redwood |
| Prospectus Benchmark Index | |
| Bloomberg Global Aggregate TR USD | 60.00% |
| S&P 500 TR USD | 40.00% |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
| Manager Tenure | |
| Michael Cheung | 5.33 yrs |
| Michael Messinger | 5.33 yrs |
| Richard Duff | 5.33 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (3-31-23) | 0.00% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | Upgrade |
| Stock | |
| Weighted Average PE Ratio | 13.13 |
| Weighted Average Price to Sales Ratio | Upgrade |
| Weighted Average Price to Book Ratio | Upgrade |
| Weighted Median ROE | Upgrade |
| Weighted Median ROA | Upgrade |
| Forecasted Dividend Yield | Upgrade |
| Forecasted PE Ratio | Upgrade |
| Forecasted Price to Sales Ratio | Upgrade |
| Forecasted Price to Book Ratio | Upgrade |
| Bond | |
| Current Yield | 3.02% |
| Yield to Maturity | -- |
| Effective Duration | -- |
| Average Coupon | Upgrade |
| Average Credit Score | -- |
| Average Price | Upgrade |
As of October 31, 2022
Fund Details
| Key Dates | |
| Inception Date | 11/2/2017 |
| Last Annual Report Date | 10/31/2022 |
| Last Prospectus Date | 3/1/2023 |
| Share Classes | |
| RWSIX | Inst |
| Attributes | |
| Index Fund | No |
| Inverse Fund | No |
| Leveraged Fund | No |
| Fund of Funds |
|
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan | No |
| Socially Responsible Fund | No |