AmericaFirst Absolute Return I
Catalyst Funds(America First)630-a Fitzwatertown Road 2nd Floor
Map
Phone: 877-217-8363
| Category: | Aggressive Allocation | | Fund Family: | AmericaFirst Funds | | Net Assets: | 22.91M | | Year-to-Date Return: | 3.62% | | Yield: | 0.25% | | Morningstar Rating: |  | | Fund Inception Date: | Jul 11, 2010 |
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Rick Gonsalves
Lead Manager since Feb 25, 2010 | | | Rick Gonsalves is the co-founder and President of the Advisor. Mr. Gonsalves co-founded the Advisor in January 2007. He currently serves as the Advisor's President and Chief Executive Officer, positions he has held since the Advisor's inception. From 2003 to 2008, he operated Renaissance Investment Services (a company that provided services to broker representatives), for which he acted as President and CEO after the business was incorporated in 2005. He was a registered broker representative of Brecek & Young Advisors, Inc. from January 2007 to December 2007, and WRP Investments, Inc. from September 2005 to December 2006. |
| Min Initial Investment: | 1,000 | | Min Initial Investment, IRA: | 1,000 | | Min Initial Investment, AIP: | 100 | | Min Subsequent Investment: | 50 | | Min Subsequent Investment, IRA: | 50 | | Min Subsequent Investment, AIP: | 100 |
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| The investment seeks to achieve capital appreciation with a focus on producing positive returns regardless of the direction of the financial markets.
The fund seeks to achieve its investment objective by investing in a broad range of asset classes and sectors, some of which are historically uncorrelated to the equity and fixed income markets. It will invest in securities regardless of market capitalization and regardless of industry sector. The fund may also sell short equity and fixed income securities. It may also invest in ETFs with inverse market exposure. |
| Last Dividend
(Sep 29, 2010)
:
| 0.03 | | Last Cap Gain
:
| 0.00 | | Annual Holdings Turnover
(May 15, 2013)
:
| 680.35% | | Average for Category: | 47.85% |
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| Expense | ABRWX | Category Avg |
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| Annual Report Expense Ratio (net): | 2.86% | 0.93% | | Prospectus Net Expense Ratio: | 1.96% | N/A | | Prospectus Gross Expense Ratio: | 2.91% | N/A | | Max 12b1 Fee: | 0.00% | N/A | | Max Front End Sales Load: | N/A | 5.35% | | Max Deferred Sales Load:
| N/A | 2.48% | | 3 Yr Expense Projection*: | 899 | 699 | | 5 Yr Expense Projection*: | 1,531 | 1,073 | | 10 Yr Expense Projection*: | 3,231 | 2,114 |
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0.17(1.66%) May 22