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ASTON/Lake Partners LASSO Alternatives I (ALSOX) Fund Ranking and Research

Ranking, Research and Recommendation of ASTON/Lake Partners LASSO Alternatives I (ALSOX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of ASTON/Lake Partners LASSO Alternatives I Fund (ALSOX) ManagerFund Manager - Frederick C. Lake

Fund Manager Information

Fund Manager Tenure: 10.7 years
Similar Funds: ALSNX 
Fund Family: Aston
Fund Category: Multialternative
Fund Performance: May 30, 2016
Fundmojo Fund Grade: C (Score: 0.5)     (What does this score mean?)
Lake has experienced in the investment industry. He oversees Lake Partners's research on mutual funds. He has been quoted in the Wall Street Journal, Barron's, Financial Times, Investor's Business Daily, Business Week, Fortune and Bloomberg. He is also co-editor of Private Equity and Venture Capital: A Practical Guide for Investors and Practitioners.  Get more insights on Frederick C. Lake

 

Graph of ASTON/Lake Partners LASSO Alternatives I Fund (ALSOX) ProfileASTON/Lake Partners LASSO Alternatives I Fund (ALSOX) Profile

Fund Profile and Description

ASTON/Lake Partners LASSO Alternatives I Fund seeks to provide long-term total return. ASTON/Lake Partners LASSO Alternatives I Fund primarily invests in a managed portfolio of other open-end investment companies registered under the Investment Company Act of 1940. It may also invest in closed-end funds, exchange-traded funds and exchange-traded notes. ASTON/Lake Partners LASSO Alternatives I Fund invests at least 80% of net assets in Hedged Mutual Funds and other investments with exposure to hedging or alternative investment strategies. It generally seeks to maintain net equity exposure ranging from twenty percent to fifty percent of net assets. It is non-diversified.

 

ASTON/Lake Partners LASSO Alternatives I (ALSOX) Fund Strength What we like about ASTON/Lake Partners LASSO Alternatives I (ALSOX) Fund

Data for ASTON/Lake Partners LASSO Alternatives I Fund (ALSOX) as of May 30, 2016

  • ASTON/Lake Partners LASSO Alternatives I Fund (ALSOX) management has been with ASTON/Lake Partners LASSO Alternatives I Fund for 10.7 years
  • ASTON/Lake Partners LASSO Alternatives I Fund (ALSOX) has good Long-term performance (5-year return 1.76% vs 1.49% Multialternative category median performance)
  • ASTON/Lake Partners LASSO Alternatives I Fund (ALSOX) ratio of up-years vs down years is greater than 2
  • ASTON/Lake Partners LASSO Alternatives I Fund (ALSOX) has a Morningstar rating of 4 and above
  • ASTON/Lake Partners LASSO Alternatives I Fund (ALSOX) has an annual stock turnover rate of 72.73% vs Multialternative average of 173.43%. It is good that ASTON/Lake Partners LASSO Alternatives I management does not trade extensively for its return.
  • ASTON/Lake Partners LASSO Alternatives I Fund (ALSOX) is less volatile than its peers as it has a 3-year Standard Deviation of 4.31, lower than category average of 4.89
  • ASTON/Lake Partners LASSO Alternatives I Fund (ALSOX) has a lower expense ratio than its Multialternative average: 1.16% vs 1.59%
  • ASTON/Lake Partners LASSO Alternatives I Fund (ALSOX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

ASTON/Lake Partners LASSO Alternatives I Fund (ALSOX) Weakness What we are cautious about ASTON/Lake Partners LASSO Alternatives I (ALSOX) Fund

Data for ASTON/Lake Partners LASSO Alternatives I Fund (ALSOX) as of May 30, 2016

  • ASTON/Lake Partners LASSO Alternatives I Fund (ALSOX) has a less-than-ideal short-term performance (1-year return -4.16% vs -3.89% Multialternative category median performance)
  • ASTON/Lake Partners LASSO Alternatives I Fund (ALSOX) has a less-than-ideal mid-term performance (3-year return 0.22% vs 0.79% Multialternative category median performance)
  • ASTON/Lake Partners LASSO Alternatives I Fund (ALSOX) is less safe compared to its Multialternative peers
  • ASTON/Lake Partners LASSO Alternatives I Fund (ALSOX) does not have a good risk adjusted return as its 3-year Alpha of -2.42 is worse than category average of -1.71, and its 3-year Sharpe ratio is 0.05
  • Asset base in ASTON/Lake Partners LASSO Alternatives I Fund (ALSOX) has been consistently decreasing in the last 2 months. It shows lacks of investor confidence and market support
See ASTON/Lake Partners LASSO Alternatives I Fund (ALSOX) performance details as of May 30, 2016

 

What do you think?

 

Compare ASTON/Lake Partners LASSO Alternatives I Fund (ALSOX)Compare with other top Multialternative category mutual funds

Aadditional top Multialternative mutual funds for your consideration

FundYear to Date1 Year3 year5 year
ASTON/Lake Partners LASSO Alternatives I0.00-4.160.221.76
Dreyfus Global Real Return I (DRRIX)4.161.383.552.95Compare
Oppenheimer Fundamental Alternatives A (QVOPX)1.090.534.221.65Compare
Dreyfus Dynamic Total Return A (AVGAX)-0.84-6.504.524.72Compare

See top fund managers for Multialternative Category Funds

 

Compare ASTON/Lake Partners LASSO Alternatives I Fund (ALSOX)Compare with Multialternative category ETFs

Some Multialternative ETFs for your consideration

ETFYear to DateOne YearThree Year
ProShares Hedge Replication (HDG)-0.06%-2.99%1.14%
IQ Hedge Multi-Strategy Tracker ETF (QAI)1.76%-2.97%1.62%

 

Graph of ASTON/Lake Partners LASSO Alternatives I Fund (ALSOX) Net Asset TrackingASTON/Lake Partners LASSO Alternatives I (ALSOX) Fund Net Asset

Track net asset change of ASTON/Lake Partners LASSO Alternatives I fund (ALSOX)

DateNet Asset
05/2016$123.79M
03/2016$141.90M
02/2016$146.05M
More historic net asset information on ASTON/Lake Partners LASSO Alternatives I Fund (ALSOX)

  

Graph of ASTON/Lake Partners LASSO Alternatives I Fund (ALSOX) Portfolio TrackingASTON/Lake Partners LASSO Alternatives I (ALSOX) Fund Portfolio Allocation

Track portfolio allocation change of ASTON/Lake Partners LASSO Alternatives I fund (ALSOX)

DateCashStockBondOther
04/201627.7%32.78%31.71%4.26%
03/201625.28%36.51%30.53%4.27%
01/201626.98%35.01%32.23%1.95%
Click here to see more historic asset allocation information on ASTON/Lake Partners LASSO Alternatives I Fund (ALSOX)

 

graph of ASTON/Lake Partners LASSO Alternatives I Fund (ALSOX) Top 10 Position TrackingTop 10 Holdings in ASTON/Lake Partners LASSO Alternatives I (ALSOX) Fund

Discover what ASTON/Lake Partners LASSO Alternatives I Fund (ALSOX) manager is buying

Apr 29, 2016
Abbey Capital Futures Strategy I [10.1%]
Otter Creek Long/Short Opportunity Instl [8.21%]
PIMCO Mortgage Opportunities Instl [8.11%]
Mainstay US Equity Opportunities I [7.97%]
Metropolitan West Unconstrained Bd I [7.08%]
Western Asset Macro Opportunities IS [6.61%]
Boston Partners Long/Short Equity Instl [5.55%]
ProShares Large Cap Core Plus [5.19%]
Kellner Merger Institutional [5.04%]
Calamos Market Neutral Income I [5.04%]

Mar 30, 2016
Abbey Capital Futures Strategy I [9.98%]
Otter Creek Long/Short Opportunity Instl [8.15%]
Mainstay US Equity Opportunities I [8.11%]
PIMCO Mortgage Opportunities Instl [8.02%]
Metropolitan West Unconstrained Bd I [7%]
Western Asset Macro Opportunities IS [6.24%]
361 Global Long/Short Equity Y [5.58%]
Boston Partners Long/Short Equity Instl [5.44%]
Kellner Merger Institutional [5.25%]
ProShares Large Cap Core Plus [5.08%]

Jan 30, 2016
Abbey Capital Futures Strategy I [10.77%]
Mainstay US Equity Opportunities I [8.33%]
PIMCO Mortgage Opportunities Instl [8.24%]
Otter Creek Long/Short Opportunity Instl [7.79%]
Metropolitan West Unconstrained Bd I [7.72%]
Convergence Core Plus Institutional [5.89%]
Western Asset Macro Opportunities IS [5.5%]
Boston Partners Long/Short Equity Instl [5.28%]
Calamos Market Neutral Income I [5.17%]
JHancock Seaport I [5.16%]
Click here for Stock Holding Change Map in ASTON/Lake Partners LASSO Alternatives I Fund (ALSOX)

  

Latest News on ASTON/Lake Partners LASSO Alternatives I (ALSOX) Fund

See what is happening with ASTON/Lake Partners LASSO Alternatives I Fund (ALSOX)

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ASTON/Lake Partners LASSO Alternatives I Fund (ALSOX) Related ResourcesSee more information on ASTON/Lake Partners LASSO Alternatives I (ALSOX) Fund

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