AMFQX — 361 Managed Futures Strategy Fund

AMFQX Fund Overview

AMFQX — 361 Managed Futures Strategy Fund is a US mutual fund managed by Investment Managers Series Trust, categorised as Commodity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Investment Managers Series Trust
• Category: Commodity
• Assets under management: $24.80M
• 1-year return: -13.0%
• Ticker: AMFQX
• SEC CIK: 0001318342
• SEC series ID: S000035128
• Share class ID: C000108068

AMFQX Investment Objective and Strategy

361 Managed Futures Strategy Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Investment Managers Series Trust.

Investment objective

"The investment objective of the 361 Managed Futures Strategy Fund (the ""Fund"") is to seek positive absolute returns that have a low correlation to the returns of broad stock and bond markets."

Principal investment strategy

"In pursuing the Fund's investment objective, the Advisor employs a set of quantitative models to make investment decisions. Using a combination of market inputs, these models systematically identify when to purchase and sell specific investments for the Fund. The Advisor uses these models for the purpose of seeking to achieve favorable returns for the Fund from short-term movements in various U.S. and foreign markets. The Advisor may also use other quantitative models that focus on longer term market trends rather than on identifying short-term purchase and sale opportunities. The Advisor may also base purchase and sale decisions for the Fund on its judgment regarding various market and economic factors rather than its quantitative models. In pursuing its investment objective, the Fund will primarily seek to establish both long and short positions in futures contracts on various U.S.

and foreign equity indices. However, the Advisor's quantitative models will seek to identify periods during which the Fund should not enter into futures contracts. Accordingly, there will be significant periods of time during which the Fund will not hold any long or short futures positions. The Fund will be required to use a portion of its assets as margin for the Fund's futures positions. The amount of margin will be based on the notional value of the futures contracts held by the Fund. The Advisor allocates the Fund's assets not invested in futures or used as margin to a fixed income strategy that invests primarily in investment grade fixed income securities in order to generate interest income. These investments may include collateralized mortgage obligations, which are a type of mortgage-backed security.

The Advisor delegates management of the Fund's fixed income strategy portfolio to Federated Investment Management Company (the ""Sub-Advisor""). The Fund's overall portfolio duration is expected to be less than one year with a weighted average maturity of less than two years. The Fund may hold fixed income securities and liquid money market instruments during periods when the Fund is already invested in futures positions, when the Fund is not invested in futures positions, or as needed to comply with current SEC guidance relating to asset coverage for derivatives investments held by investment companies. As a result, a substantial portion of the Fund's portfolio may be invested in instruments other than futures contracts. While those other investments may contribute to the Fund's performance, the Advisor expects that over time a majority of the Fund's performance will be attributable to the Fund's futures positions.

The Fund may also write put and call options and purchase put and call options on futures, securities indices and shares of ETFs. The Fund may purchase or write options in combination with each other (i.e., simultaneously writing call options and purchasing put options) to adjust the risk and return of its overall investment positions. Futures contracts and put and call options are among the types of instruments commonly referred to as derivatives."

AMFQX Performance

Total returns for AMFQX (as of 2026-10-01), from SEC filings.

AMFQX Risk Information

Risk metrics for AMFQX, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 12.4%

AMFQX Costs and Fees

AMFQX costs about $219 per $10,000 invested per year in fund expenses.

• Net expense ratio: 2.19%
• Gross expense ratio: 2.19%
• Portfolio turnover: 29%
• Brokerage commissions: 18.60 bps of average net assets (SEC N-CEN)

AMFQX Cashflows

Over the 12 months to 2021-01, 361 Managed Futures Strategy Fund had net inflows of $92.23M, from monthly SEC N-PORT filings.

AMFQX Debt Constituents

No individual debt constituents are reported in 361 Managed Futures Strategy Fund's latest SEC N-PORT filing.

AMFQX Prospectus and SEC Filings

Official 361 Managed Futures Strategy Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2021-02-26
• Prospectus (485BPOS) — filed 2020-03-18
• Prospectus supplement (497) — filed 2020-05-04
• Portfolio holdings (N-PORT) — filed 2021-03-26
• Portfolio holdings (N-PORT) — filed 2020-12-23
• Portfolio holdings (N-PORT) — filed 2020-09-23
• Annual census (N-CEN) — filed 2021-01-11
• Annual census (N-CEN) — filed 2020-01-14

Related Funds

Other Commodity funds tracked on ABC INVEST:

• VanEck Vectors Gold Miners ETF (GDX)
• VanEck Vectors Junior Gold Miners ETF (GDXJ)
• Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC)
• PIMCO CommoditiesPLUS Strategy Fund (PCLAX)
• First Eagle Gold Fund (SGGDX)

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.