Grant Park Multi Fund Quote
| GPACX Fund | USD 10.29 0.04 0.39% |
Performance17 of 100
| Odds Of DistressLess than 16
|
Grant Park is trading at 10.29 as of the 19th of April 2024; that is 0.39 percent increase since the beginning of the trading day. The fund's open price was 10.25. Grant Park has less than a 16 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for Grant Park Multi are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
The fund seeks to achieve its investment objectives by allocating its assets among four independent, underlying strategies. Each strategy seeks to identify profitable opportunities across multiple, liquid foreign and domestic markets. The fund seeks to achieve its investment objective by implementing aggressive diversification across these markets, coupled with risk management and position hedging strategies, which allows the fund to seek positive returns while seeking to protect it from unnecessary market risk exposure.. More on Grant Park Multi
Moving together with Grant Mutual Fund
| 1.0 | GPAAX | Grant Park Multi | PairCorr |
| 1.0 | GPAIX | Grant Park Multi | PairCorr |
| 1.0 | GPANX | Grant Park Multi | PairCorr |
| 0.94 | AQMRX | Aqr Managed Futures | PairCorr |
| 0.9 | PQTAX | Pimco Trends Managed | PairCorr |
| 0.9 | PQTNX | Pimco Trends Managed | PairCorr |
Grant Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Grant Park's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Grant Park or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Grant Park Funds, Large Blend Funds, Systematic Trend Funds, Systematic Trend, Grant Park (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 30th of January 2023 |
| Fiscal Year End | September |
Grant Park Multi [GPACX] is traded in USA and was established 19th of April 2024. Grant Park is listed under Grant Park category by Fama And French industry classification. The fund is listed under Systematic Trend category and is part of Grant Park family. This fund currently has accumulated 638.67 M in assets under management (AUM) with no minimum investment requirementsGrant Park Multi is currently producing year-to-date (YTD) return of 2.49% with the current yeild of 0.01%, while the total return for the last 3 years was 1.65%.
Check Grant Park Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Grant Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Grant Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Grant Park Multi Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Grant Park Multi Mutual Fund Constituents
| ACWI | iShares MSCI ACWI | Etf | Global Large-Stock Blend |
| EFA | iShares MSCI EAFE | Etf | Foreign Large Blend |
| IWB | iShares Russell 1000 | Etf | Large Blend |
| IWM | iShares Russell 2000 | Etf | Small Blend |
| IVV | iShares Core SP | Etf | Large Blend |
| IYR | iShares Real Estate | Etf | Real Estate |
| IWR | iShares Russell Mid Cap | Etf | Mid-Cap Blend |
Grant Park Target Price Odds Analysis
Based on a normal probability distribution, the odds of Grant Park jumping above the current price in 90 days from now is about 6.31%. The Grant Park Multi probability density function shows the probability of Grant Park mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Grant Park has a beta of 0.3598. This usually indicates as returns on the market go up, Grant Park average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Grant Park Multi will be expected to be much smaller as well. Additionally, grant Park Multi has an alpha of 0.0357, implying that it can generate a 0.0357 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Grant Park to move above the current price in 90 days from now is about 6.31 (This Grant Park Multi probability density function shows the probability of Grant Mutual Fund to fall within a particular range of prices over 90 days) .
Grant Park Multi Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Grant Park market risk premium is the additional return an investor will receive from holding Grant Park long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Grant Park. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Grant Park's alpha and beta are two of the key measurements used to evaluate Grant Park's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.248 | |||
| Semi Deviation | 0.2198 | |||
| Standard Deviation | 0.3288 | |||
| Variance | 0.1081 |
Grant Park Against Markets
Picking the right benchmark for Grant Park mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Grant Park mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Grant Park is critical whether you are bullish or bearish towards Grant Park Multi at a given time. Please also check how Grant Park's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Grant Park without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Bollinger Bands Now
Bollinger BandsUse Bollinger Bands indicator to analyze target price for a given investing horizon |
| All Next | Launch Module |
How to buy Grant Mutual Fund?
Before investing in Grant Park, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Grant Park. To buy Grant Park fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Grant Park. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Grant Park fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Grant Park Multi fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Grant Park Multi fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Grant Park Multi, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Grant Park Multi?
The danger of trading Grant Park Multi is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Grant Park is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Grant Park. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Grant Park Multi is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grant Park Multi. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Grant Park Multi information on this page should be used as a complementary analysis to other Grant Park's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..