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    Arbitrage I (ARBNX)

    13.19 0.00(0.00%) Mar 27

    Profile as of Feb 27, 2015Get Profile for:
    Arbitrage I
    Arbitrage FundsC/O Sei Global Funds Services 1 Freedom Valley DriOaks, PA 19456
    Map
    Phone: 800-295-4485
    Fund Overview 
    Category:Market Neutral
    Fund Family:Arbitrage Fund
    Net Assets:2.11B
    Year-to-Date Return:0.61%
    Yield:0.00%
    Morningstar Rating:3 stars
    Fund Inception Date:Oct 17, 2003
    Morningstar Style Box 
    Market Neutral
    [View Category Definition]
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    About the Morningstar Style Box
    Management Information 
    Todd W. Munn
    Lead Manager since Jan 31, 2005
    Munn is a portfolio manager of Water Island Capital, LLC. Prior to becoming a portfolio manager of the Fund, Mr. Munn was a senior equity analyst for the Fund. Mr. Munn received a Master of Business Administration degree from Fordham Graduate School of Business in 2003 and a Bachelors degree from Gettysburg College in 1993 — with a double major in Finance and Accounting.
    Investment Information 
    Min Initial Investment:100,000
    Min Initial Investment, IRA:100,000
    Min Initial Investment, AIP:2,000
    Min Subsequent Investment:N/A
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:100
    ARBNX can be purchased from 64 brokerages.

    Fund Summary 
    The investment seeks to achieve capital growth by engaging in merger arbitrage. The fund plans to invest at least 80% of its net assets in equity securities of companies (both U.S. and foreign) that are involved in publicly announced mergers, takeovers, tender offers, leveraged buyouts, spin-offs, liquidations and other corporate reorganizations. Equity securities include common and preferred stock. Merger arbitrage is a highly specialized investment approach designed to profit from the successful completion of mergers, takeovers, tender offers, leveraged buyouts, spin-offs, liquidations and other corporate reorganizations.

    Fund Operations 
    Last Dividend : 0.00
    Last Cap Gain (Dec 8, 2014) : 0.00
    Annual Holdings Turnover (Mar 25, 2015) : 462.00%
    Average for Category:338.66%
    Fees & Expenses 
    ExpenseARBNXCategory Avg
    Annual Report Expense Ratio (net):1.20%1.74%
    Prospectus Net Expense Ratio:1.19%N/A
    Prospectus Gross Expense Ratio:1.92%N/A
    Max 12b1 Fee:N/AN/A
    Max Front End Sales Load:N/A5.04%
    Max Deferred Sales Load: N/A1.57%
    3 Yr Expense Projection*:6031,172
    5 Yr Expense Projection*:1,0361,977
    10 Yr Expense Projection*:2,2403,803
    * Per $10,000 invested