Overview:
Fund data as of 06/30/2022 unless otherwise specified.
Investment Objective:
The Strategic Alternatives Fund seeks absolute returns with both lower volatility than and low correlation with traditional equity and fixed-income markets.
Investment Strategy:
The Fund is actively managed and pursues a multi-strategy approach that incorporates various non-traditional investment approaches. It invests in relative value, long/short equity, options, currency trading and global macro strategies.
Investment Suitability:
This Fund may be suitable for investors who have a short- to medium-term investment horizon, can accept short-term fluctuations in account value and would like to diversify their portfolio with an alternatives investment option.
The alternative investment strategies that the Fund pursues are complex and may involve greater risk than traditional investments (stocks, bonds and cash). The performance of alternative investments is not expected to correlate closely with more traditional investments; however, it is possible that alternative investments will decline in value along with equity or fixed-income markets, or both, or that they may not otherwise perform in accordance with expectations. Alternative investments can be highly volatile, are often less liquid, particularly in periods of stress, are generally more complex and less transparent, and may have more complicated tax profiles than traditional investments. In addition, the performance of alternative investments may be more dependent on a sub-adviser’s experience and skill than traditional investments. The use of alternative investments may not achieve the desired effect.
Foreign currencies and emerging markets involve certain risks such as currency volatility, political and social instability and reduced market liquidity. Short sales by a Fund theoretically involve unlimited loss potential since the market price of securities sold short may continuously increase. Leverage may increase the risk of loss and cause fluctuations in the market value of the Fund’s portfolio to have disproportionately large effects or cause the NAV of the Fund generally to decline faster than it would otherwise. To the extent that the investment advisor misjudges current market conditions, the Fund's volatility may be amplified by its use of derivatives and its ability to anticipate price movements in relevant markets, underlying derivative instruments and futures contracts. The Fund's currency investment strategy may be impacted by currency exchange rates, which can fluctuate significantly over short or extended periods of time. These changes may be caused by governmental or political factors that affect the value of what the Fund owns and its share price. The Fund may experience high portfolio turnover, which may result in higher costs and capital gains. The Fund is a recently formed mutual fund and has a limited history of operations. There can be no assurances that its objective will be met.
- NASDAQ Ticker: GFSZX
- Inception Date: 6/30/2017
Total fund net assets for all share classes | $337 |
Number of holdings | 1,400 |
Bloomberg 1-3 Month U.S. Treasury Bill | 100% |
Goldman Sachs Asset Management | 25% | |
AQR Capital Management | 20% | |
Forward Management, LLC (d/b/a Salient) and Broadmark Asset Management LLC | 20% | |
SSI Investment Management | 20% | |
P/E Global LLC | 15% |
Performance
Net Asset Value | $10.05 |
Inception Date | 6/30/2017 |
Gross | 1.66% |
Net | 1.47% |
One Month | -0.30% |
Three Month | -0.59% |
Year To Date | -1.76% |
One Year | 0.70% |
Three Year* | 1.24% |
Five Year* | 1.48% |
Ten Year* | N/A |
Since Inception* | 1.55% |
Fund | Benchmark | |
---|---|---|
Three Month | 0.20% | 0.12% |
YTD | -1.66% | 0.16% |
One Year | 2.32% | 0.18% |
Three Year* | 1.31% | 0.57% |
Five Year* | 1.60% | 1.05% |
Since Inception* | 1.60% | 0.55% |
Fund | Benchmark | |
---|---|---|
2017 | 1.31% | 0.55% |
2018 | -0.17% | 1.87% |
2019 | 4.62% | 2.28% |
2020 | -0.51% | 0.54% |
2021 | 4.57% | 0.04% |
Morningstar Rating based upon risk-adjusted return as of 7/31/2022 |
Category: Multistrategy |
Characteristics
Standard Deviation | 4.09% |
Beta vs. S&P 500 Index | 0.15 |
Beta vs. Bloomberg US Agg | 0.14 |
Sharpe Ratio | 0.2 |
R-Squared vs. S&P 500 Index | 45.80% |
R-Squared vs. Bloomberg US Agg | 2.29% |
Number of Flat/Up Months | 41 |
Number of Down Months | 19 |
Prices and Distributions
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The table below lists NAVs, dividends, long-term capital gains and short-term capital gains for the time period selected.
Date | Value | Description |
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Prospectus & Reports
To keep you up-to-date on the latest information from GuideStone Funds®, below is a list of documents and reports about our mutual funds.
Prospectus and Fund Documents
Prospectus
Statement of Additional Information (SAI)
Information Statements
Shareholder Reports
Annual Report (includes Fourth Quarter portfolio holdings)
Semi-Annual Report (includes Second Quarter portfolio holdings)
Quarterly Report (includes First Quarter portfolio holdings)
Quarterly Report (includes Third Quarter portfolio holdings)
Other
Proxy Voting
eDelivery Frequently Asked Questions
You should carefully consider the investment objectives, risks, charges and expenses of the GuideStone Funds before investing. A prospectus with this and other information about the Funds may be obtained by calling 1-888-GS-FUNDS (1-888-473-8637) or downloading one. It should be read carefully before investing.
GuideStone Funds shares are distributed by Foreside Funds Distributors LLC, not an advisor affiliate. Foreside is not a registered investment adviser and does not provide investment advice.