STQUX — AmericaFirst Seasonal Rotation Fund
Data updated: 2020-05-29
STQUX — AmericaFirst Seasonal Rotation Fund. United States Value Equity · $2.95M AUM · 3.14% expense ratio. Holdings, fees, performance and SEC filings.
STQUX Fund Overview
STQUX — AmericaFirst Seasonal Rotation Fund is a US mutual fund managed by Dss Americafirst Funds, categorised as United States Value 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 Value Equity
- Assets under management: $2.95M
- Ticker: STQUX
- SEC CIK: 0001539996
- SEC series ID: S000042712
- Share class ID: C000132070
STQUX Investment Objective and Strategy
AmericaFirst Seasonal Rotation 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 Fund seeks to achieve its investment objective by investing primarily in a portfolio of domestically-traded equity and fixed-income securities. Equity securities include common stock, preferred stock and convertible preferred stock. The Advisor selects equities it believes are relatively undervalued by applying rules-based methodology that may include (but not limited to) technical and fundamental factors as well as price momentum. An exponential moving average is similar to a simple moving average, except that more weight is given to the latest data. The Fund will invest in securities regardless of market capitalization. With regard to fixed income securities, the Fund may invest in fixed income securities regardless of maturity or credit rating including High Yield Bonds (commonly called junk bonds), Investment Grade Bonds and US Treasury Securities.
The Fund may also execute a portion of its strategy by investing in ETFs, including those with inverse market exposure and leveraged ETFs. Inverse ETFs are designed to produce results opposite to market direction, which may serve to hedge portfolio investments. 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. The Funds investment advisor, AmericaFirst Capital Management, LLC (the Advisor) employs a Seasonal strategy to allocate assets between equity and fixed income securities.
This strategy is based on the Advisors study of seasonal price patterns in asset classes over various time periods. Pursuant to one of the central tenets of this Seasonal strategy, the Advisor anticipates rebalancing Fund holdings to reduce equity exposure in May and increasing it in November. This element of the Seasonal strategy is commonly referred to as the sell in May and walk away tactic. The Fund may hold significantly higher than normal short-term cash positions during rebalancing or when market conditions warrant. The Fund may employ market timing trading strategies based upon the Advisors quantitative models.
STQUX Costs and Fees
STQUX costs about $314 per $10,000 invested per year in fund expenses.
- Net expense ratio: 3.14%
- Gross expense ratio: 3.72%
- Portfolio turnover: 497%
- Brokerage commissions: 26.68 bps of average net assets (SEC N-CEN)
STQUX Cashflows
Over the 12 months to 2020-03, AmericaFirst Seasonal Rotation Fund had net outflows of $1.89M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2020-03 | −$482.46K |
| 2020-02 | −$773.33K |
| 2020-01 | −$630.95K |
STQUX Debt Constituents
No individual debt constituents are reported in AmericaFirst Seasonal Rotation Fund's latest SEC N-PORT filing.
STQUX Prospectus and SEC Filings
Official AmericaFirst Seasonal Rotation Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States Value 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.