Altegris/AACA Opportunistic Real Estate Fund (RAAAX)
Altegris/AACA Opportunistic Real Estate Fund operates in the Real Estate - General industry of the Real Estate sector, headquartered in Cincinnati, OH, US. The stock last traded at $10.01, down 0.40% on the session, giving a market capitalisation of $36.6M. Its beta of 1.34 implies it has historically moved more than the broad market.
Ordinarily, the fund allocates a minimum of 80% of its total investment capital – encompassing both its net assets and any borrowed funds for investment purposes – to equity stakes. These stakes are held in both long and short positions within businesses operating in or closely connected to the real estate sector. It is important to note that the fund maintains a non-diversified portfolio.
Altegris/AACA Opportunistic Real Estate Fund is most often compared with the following Real Estate names: