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ALFA

AlphaClone Alternative Alpha ETF

Alfa

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Summary

The investment seeks to track the total return performance, before fees and expenses, of the AlphaClone Hedge Fund Masters Index. The fund uses a "passive management" approach to track the performance, before fees and expenses, of the index. The index utilizes a proprietary, quantitative Clone Score methodology developed by AlphaClone, Inc., the fund's index provider, to replicate the U.S. equity securities favored as investments by hedge funds and institutional investors. At least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index.

Market Cap: 36.9 Million

Primary Exchange: BATS Exchange

Website:

Shares Outstanding: 800 Thousand

Float: 800 Thousand

Dividend: 0.0 (0.0%)

Beta: 0.965236

Sector:

Industry:

Short Interest (Jan 15, 2013): 3.84 Thousand

Ethical Flags

Gambling

Longest drawdown: 709 trading days

From: 2015-05-27 To: 2018-03-09

Lowest Point:

AlphaClone, Inc. Announces Closure Of AlphaClone International ETF (ALFI)

via: PR Newswire at 2018-06-15 18:35:00:000

SAN FRANCISCO , June 15, 2018 /PRNewswire/ --After careful consideration, the Board of Trustees of ETF Series Solutions has determined to close and liquidate the AlphaClone International ETF (Cboe BZX: ALFI) ("ALFI"). AlphaClone, Inc. ("AlphaClone") serves as the investment adviser … read more...

AlphaClone, Inc. Announces Closure Of AlphaClone International ETF (ALFI)

via: PR Newswire at 2018-06-15 18:35:00:000

SAN FRANCISCO , June 15, 2018 /PRNewswire/ --After careful consideration, the Board of Trustees of ETF Series Solutions has determined to close and liquidate the AlphaClone International ETF (Cboe BZX: ALFI) ("ALFI"). AlphaClone, Inc. ("AlphaClone") serves as the investment adviser … read more...

AlphaClone, Inc. Announces Closure Of AlphaClone International ETF (ALFI)

via: PR Newswire at 2018-06-15 18:35:00:000

SAN FRANCISCO , June 15, 2018 /PRNewswire/ --After careful consideration, the Board of Trustees of ETF Series Solutions has determined to close and liquidate the AlphaClone International ETF (Cboe BZX: ALFI) ("ALFI"). AlphaClone, Inc. ("AlphaClone") serves as the investment adviser … read more...

AlphaClone, Inc. Announces Closure Of AlphaClone International ETF (ALFI)

via: PR Newswire at 2018-06-15 18:35:00:000

SAN FRANCISCO , June 15, 2018 /PRNewswire/ --After careful consideration, the Board of Trustees of ETF Series Solutions has determined to close and liquidate the AlphaClone International ETF (Cboe BZX: ALFI) ("ALFI"). AlphaClone, Inc. ("AlphaClone") serves as the investment adviser … read more...

AlphaClone, Inc. Announces Closure Of AlphaClone International ETF (ALFI)

via: PR Newswire at 2018-06-15 18:35:00:000

SAN FRANCISCO , June 15, 2018 /PRNewswire/ --After careful consideration, the Board of Trustees of ETF Series Solutions has determined to close and liquidate the AlphaClone International ETF (Cboe BZX: ALFI) ("ALFI"). AlphaClone, Inc. ("AlphaClone") serves as the investment adviser … read more...

AlphaClone, Inc. Announces Closure Of AlphaClone International ETF (ALFI)

via: PR Newswire at 2018-06-15 18:35:00:000

SAN FRANCISCO , June 15, 2018 /PRNewswire/ --After careful consideration, the Board of Trustees of ETF Series Solutions has determined to close and liquidate the AlphaClone International ETF (Cboe BZX: ALFI) ("ALFI"). AlphaClone, Inc. ("AlphaClone") serves as the investment adviser … read more...

AlphaClone, Inc. Announces Closure Of AlphaClone International ETF (ALFI)

via: PR Newswire at 2018-06-15 18:35:00:000

SAN FRANCISCO , June 15, 2018 /PRNewswire/ --After careful consideration, the Board of Trustees of ETF Series Solutions has determined to close and liquidate the AlphaClone International ETF (Cboe BZX: ALFI) ("ALFI"). AlphaClone, Inc. ("AlphaClone") serves as the investment adviser … read more...

AlphaClone Alternative Alpha ETF Announces Capital Contribution

via: PR Newswire at 2017-12-22 17:20:00:000

OKLAHOMA CITY , Dec. 22, 2017 /PRNewswire/ --Exchange Traded Concepts, LLC ("ETC"), investment adviser to the AlphaClone Alternative Alpha ETF (Ticker Symbol: ALFA) (the "Fund"), announces that the Fund's net asset value per share on December 26, 2017 will include an additional ca… read more...

AlphaClone ETFs to Change Indices, Lower Fees and Transfer Exchanges

via: PR Newswire at 2017-12-13 16:47:00:000

SAN FRANCISCO and OKLAHOMA CITY , Dec. 13, 2017 /PRNewswire/ -- Exchange Traded Concepts, LLC, investment adviser to the AlphaClone Alternative Alpha ETF (NYSE Arca: ALFA), and AlphaClone Inc., investment adviser to the AlphaClone International ETF (NYSE Arca: ALFI), announced today sev… read more...

How To Avoid The Worst Style ETFs Q3'17

via: SeekingAlpha at 2017-09-28 12:03:35:000

Question: Why are there so many ETFs? Answer: ETF providers tend to make lots of money on each ETF so they create more products to sell. The large number of ETFs has little to do with serving your best interests. Below are three red flags you can use to avoid the worst ETFs: Inadequate … read more...

Quant funds struggle as edge providers sleep easy in index funds

via: SeekingAlpha at 2017-08-10 10:39:09:000

Quant fund managers are struggling to keep pace with other hedge funds and market indexes as the low volatility environment evaporates their expected edge . More news on: Global X Guru Index ETF, Direxion iBillionaire Index ETF, AlphaClone Alternative Alpha ETF, Quick stock ideas, News on… read more...

How To Avoid The Worst Style ETFs Q2'17

via: SeekingAlpha at 2017-06-30 10:00:00:000

Question: Why are there so many ETFs? Answer: ETF providers tend to make lots of money on each ETF so they create more products to sell. The large number of ETFs has little to do with serving your best interests. Below are three red flags you can use to avoid the worst ETFs: Inadequat… read more...

ETF To Avoid: AlphaClone Alternative Alpha ETF

via: SeekingAlpha at 2017-02-21 13:47:01:000

In this article, I will be reviewing the AlphaClone Alternative Alpha ETF (ALFA), and detailing why I believe investors should consider avoiding this fund. There are two reasons why I believe investors should avoid this fund: Poor performance and high fees. Fund Description Below are som… read more...

Alternative Investment Allocations Should Increase In 2017 Across The Board Due To Market Uncertainty

via: SeekingAlpha at 2017-01-26 08:43:25:000

With the Dow breaking 20,000 investors are happy with stock related investments, which generally are long the market. But the market won't go up forever, consistently, there will be pullbacks, sell offs - that's how markets work. Even with the Fed's quantitative easing program, a Dow that goes… read more...

Welcome To Hedge Funds' Stunning Pass-Through Fees

via: SeekingAlpha at 2017-01-24 09:00:39:000

A recent piece by Reuters' Lawrence Delevingne notes that hedge-fund investors - long subjected to inflated management fees - are losing patience, particularly with "pass-through fees" which allow funds to charge clients for travel, research, bonuses on top of the 2-and-20 (2% of AUM and 20%… read more...

The Case For Hedge Funds Is Evaporating

via: SeekingAlpha at 2017-01-22 07:27:08:000

A recent article in the Financial Analysts Journal ((FAJ)) argued that, despite recent setbacks, hedge funds offer diversification benefits to the investor. Its author based the conclusion on performance measures obtained from hedge fund indices. I differ with his methods and offer an alte… read more...

AlphaClone 2016 Year End Letter

via: SeekingAlpha at 2017-01-14 08:58:05:000

The past year has been one of the most difficult investing environments for high active share strategies since the financial crisis. In a nutshell, cheap money and accommodative central bank policy around the globe has artificially inflated both correlations and valuations in equity markets. T… read more...

Ex-Date Payment Date Record Date Declared Date Amount Flag Dividend Type Qualified Indicated
2017-01-03 2017-01-03 SU Dividend income
2016-01-04 2016-01-04 SU Dividend income
2014-12-16 2014-12-19 2014-12-18 2014-12-15 0.0042848 Dividend income
2013-12-17 2013-12-20 2013-12-19 2013-12-16 0.38284 Short term capital gain
Ex-Date Declared Date Record Date Payment Date Ratio To Factor For Factor
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