Adaptive Growth Opportunities Fund Institutional Class (CATEX)
Adaptive Growth Opportunities Fund Institutional Class operates in the Asset Management industry of the Financial Services sector. The stock last traded at $25.82, up 1.10% on the session, giving a market capitalisation of $149.9M. On trailing twelve-month figures it carries a trailing P/E of 11.28, a net margin of 261.7%. Its beta of 1.61 implies it has historically moved more than the broad market.
The fund's core aim is to achieve capital growth. It primarily allocates its assets to exchange-traded funds (ETFs) that are regulated under the Investment Company Act of 1940 and are independent of the fund itself. These underlying ETFs concentrate their investments in global equity securities from numerous international issuers. The fund also has the discretion to make direct investments in specific large-capitalization stocks, various fixed-income instruments, and highly liquid cash holdings.
Adaptive Growth Opportunities Fund Institutional Class is most often compared with the following Financial Services names: