As of March 31, 2021 |
For use with accredited investors only
Inception date = October 2, 2017
Past performance is not indicative of future results
Year to date
return
1-year
return
Since inception
Sharpe ratio
Correlation to
BBG Agg
1-year distribution rate
As of March 31, 2021 |
Number of positions: 53
Largest position: 8.6%
Commitments less than 3 mo’s: 23%
Commitments less than 1 year: 36%
Direct investments: 69%
1-year distribution rate: 5.74%
Leverage: 0.00%
As of March 31, 2021 |
Inception date = October 2, 2017
Return | Risk | Sharpe | Correl. | Beta | |
---|---|---|---|---|---|
Variant | UNIQX | 8.07% | 1.52% | 4.34 | ||
T-bills | BBG 1-3 Mo | 1.48% | 0.30% | - | 0.12 | 0.62 |
IG bonds | BBG Agg | 3.65% | 3.47% | 0.63 | 0.22 | 0.1 |
High yield | BBG HY | 5.72% | 8.67% | 0.49 | 0.28 | 0.05 |
Hedge funds | HFRXGL | 3.10% | 5.63% | 0.29 | 0.19 | 0.05 |
Equity | S&P 500 | 16.07% | 17.54% | 0.83 | 0.04 | 0.00 |
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | YTD | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2017 | 0.1 | 0.16 | 0.4 | 0.67 | |||||||||
2018 | 0.61 | 0.29 | 0.09 | 0.46 | 0.6 | 0.85 | 0.82 | 0.41 | 0.45 | 0.66 | 0.87 | 0.73 | 7.06 |
2019 | 0.48 | 0.59 | 1.94 | 0.78 | 1.05 | 1.01 | 1.35 | 1.07 | 0.5 | 0.72 | 0.61 | 1.22 | 11.93 |
2020 | 1.17 | 0.45 | -0.51 | -0.27 | 0.87 | 0.28 | 0.72 | 0.08 | 0.54 | 0.72 | 0.42 | 1.03 | 5.63 |
2021 | 1.10 | 0.94 | 0.89 | 2.95 |
UNIQX | BBG Agg | BBG HY | HFRXGL | |
---|---|---|---|---|
Q417 | 0.69 | 0.39 | 0.47 | 1.50 |
2018 | 7.06 | 0.01 | -2.08 | -6.72 |
2019 | 11.93 | 8.72 | 14.32 | 8.62 |
2020 | 5.63 | 7.51 | 7.11 | 6.81 |
2021 | 2.95 | -3.37 | 0.85 | 1.29 |
The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.
As of March 31, 2021 |
Fund structure | Interval closed-end fund |
Fund assets | $796 million |
Qualifications | Accredited Investor |
Subscriptions / NAV | Daily |
Redemptions | Qtrly 5%-25% of fund NAV |
Management fee | 0.95% |
Share class | Investor |
Ticker | UNIQX |
Share class launch | Oct 31, 2018 |
Min. investment | $25,000 |
Gross expense ratio | 2.51% |
Net expense ratio | 2.48% |
Administrator | UMB Fund Services |
Counsel | Faegre Drinker |
Auditor | Cohen & Company |
Distributor | Foreside Fund Services, LLC |
Distributions | Quarterly |
Tax reporting | 1099 |
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