ABRWX — DSS AmericaFirst Monthly Risk-On Risk-Off Fund
Data updated: 2025-09-08
ABRWX — DSS AmericaFirst Monthly Risk-On Risk-Off Fund. United States Large Cap Blend / Core Equity · $4.56M AUM. Holdings, fees, performance and SEC filings.
ABRWX Fund Overview
ABRWX — DSS AmericaFirst Monthly Risk-On Risk-Off Fund is a US mutual fund managed by Dss Americafirst Funds, categorised as United States Large Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Dss Americafirst Funds
- Category: United States Large Cap Blend / Core Equity
- Assets under management: $4.56M
- 1-year return: 14.4%
- Ticker: ABRWX
- SEC CIK: 0001539996
- SEC series ID: S000036988
- Share class ID: C000113170
ABRWX Investment Objective and Strategy
DSS AmericaFirst Monthly Risk-On Risk-Off Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Dss Americafirst Funds.
Investment objective
The Fund seeks to achieve capital appreciation with a focus on producing positive returns regardless of the direction of the financial markets.
Principal investment strategy
The AmericaFirst Tactical Alpha Fund seeks to achieve its investment objective through long positions in global equity, credit, commodity and interest rate markets. The Fund will invest in securities regardless of market capitalization and regardless of industry sector. With regard to fixed income securities, the Fund may invest in fixed income securities regardless of maturity or credit rating. The Fund's portfolio of securities may include common stocks of foreign and domestic companies, preferred securities, fixed income securities (i.e., bonds) of domestic or foreign issuers, closed-end management investment companies (closed-end funds), exchange-traded portfolios (Exchange Traded Portfolios), master limited partnerships (MLPs), and real estate investment trusts (REITs). For purposes of the strategy, we define Exchange Traded Portfolios to include exchange traded funds (ETFs), commodity pools and investment funds that invest in physical commodities, in each case, that issue shares that are approved for listing and trading on a national securities exchange.
It is possible that the Fund may not include all of these types of securities and may only include one of these types of securities in the portfolio at any given time. The Fund may also invest in ETFs with inverse market exposure and leveraged ETFs. Inverse ETFs are designed to hedge portfolio investments by producing results opposite to market direction. Inverse ETFs seek daily investment results, before fees and expenses, which correspond to the inverse (opposite) of the daily performance of a specific benchmark, such as the S&P 500 Index. The Advisor does not rebalance inverse ETFs positions daily to adjust for daily changes in the reference index. Leveraged ETFs seek to use financial derivatives and debt to amplify the returns of an underlying index. When applicable, the Fund may rebalance a significant portion of its holdings based on the Advisors rules-based models, on a quarterly or more frequent basis.
ABRWX Holdings
Top 10 holdings of DSS AmericaFirst Monthly Risk-On Risk-Off Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Federated Hermes Institutional Prime Obligations Fund | 31.33% |
| Micron Technology, Inc. | 8.19% |
| Huntington Ingalls Industries, Inc. | 5.74% |
| Barrick Gold Corp. | 5.13% |
| NVIDIA Corp. | 4.79% |
| Agnico Eagle Mines Ltd. | 4.57% |
| Newmont Corp. | 3.85% |
| DexCom, Inc. | 3.59% |
| Peabody Energy Corp. | 3.24% |
| Verona Pharma plc | 3.19% |
ABRWX Portfolio Allocation
Asset-class allocation of DSS AmericaFirst Monthly Risk-On Risk-Off Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 67.8% |
| Cash & Equivalents | 31.3% |
ABRWX Performance
Total returns for ABRWX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 14.4% |
| 3 years (annualised) | 12.0% |
| 5 years (annualised) | 6.4% |
ABRWX Risk Information
Risk metrics for ABRWX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 16.2%
ABRWX Costs and Fees
ABRWX costs about $299 per $10,000 invested per year in fund expenses.
- Net expense ratio: 2.99%
- Gross expense ratio: 3.59%
- Portfolio turnover: 291%
- Brokerage commissions: 25.95 bps of average net assets (SEC N-CEN)
ABRWX Cashflows
Over the 12 months to 2025-06, DSS AmericaFirst Monthly Risk-On Risk-Off Fund had net outflows of $2.02M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2025-06 | $98 |
| 2025-05 | −$113.75K |
| 2025-04 | −$4.47K |
| 2025-03 | −$776.73K |
| 2025-02 | −$681.70K |
| 2025-01 | −$128.71K |
ABRWX Debt Constituents
No individual debt constituents are reported in DSS AmericaFirst Monthly Risk-On Risk-Off Fund's latest SEC N-PORT filing.
ABRWX Prospectus and SEC Filings
Official DSS AmericaFirst Monthly Risk-On Risk-Off Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-10-28
- Prospectus (485BPOS) — filed 2023-10-24
- Prospectus supplement (497) — filed 2024-10-31
- Portfolio holdings (N-PORT) — filed 2025-08-28
- Portfolio holdings (N-PORT) — filed 2025-05-28
- Portfolio holdings (N-PORT) — filed 2025-02-25
- Annual census (N-CEN) — filed 2025-09-08
- Annual census (N-CEN) — filed 2024-09-12
Related Funds
Other United States Large Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.