FASCX

About FASCX

K2 Alternative Strategies Fund - Class C is a multi-strategy mutual fund designed to provide investors with broad exposure to alternative investment strategies. The fund primarily allocates its assets among approaches such as long/short equity, relative value, global macro, and event-driven investing, each managed by specialized external managers. Its purpose is to seek diversified returns that are less correlated with traditional equity and bond markets by blending various hedge fund-like strategies within a liquid mutual fund structure. Notably, the fund benchmarks its performance against the HFRX Global Hedge Fund Index and the ICE BofA US 3-Month Treasury Bill Index, reflecting its alignment with both alternative and low-volatility market standards. With total net assets in the hundreds of millions of dollars, the fund’s notable features include significant gross and net exposure, frequent portfolio turnover, and a moderate risk profile as evidenced by relatively low beta and standard deviation figures. Its extensive allocation to cash, short-term investments, and U.S. Treasury bills underscores an emphasis on liquidity and risk management. The fund’s diversified strategy and institutional partnerships position it as a notable vehicle for investors seeking alternative solutions beyond conventional asset classes.