GAFAX

About GAFAX

Virtus AlphaSimplex Global Alternatives Fund Class A is a multi-strategy mutual fund designed to deliver capital appreciation with risk and return characteristics comparable to a diversified portfolio of hedge funds. It pursues its objective by combining systematic hedge fund replication with alternative risk premia, allocating across global equities, fixed income, currencies, and commodities, primarily through liquid derivatives such as futures, forwards, and swaps. The strategy targets broad diversification and dynamic long and short exposures, supported by volatility management intended to keep long-term variability between that of equities and bonds. Managed by AlphaSimplex, a quantitative alternatives specialist founded in 1999, the fund employs models spanning trend and momentum, carry and curve, value, event, and structural flows to capture multiple independent sources of return. It typically maintains significant cash and Treasury bill collateral to support derivatives usage, while referencing the Barclay Fund of Funds Index for context on diversified alternatives. Launched in 2008, the fund serves as a core component within an investor’s alternatives sleeve, aiming to complement traditional stock and bond allocations by providing differentiated drivers of performance.