CHEP

AGFiQ U.S. Market Neutral Value Fund
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30
*Unless otherwise stated, data provided by FactSet.

CHEP Fund Description

CHEP tracks an equal-weighted index that takes long positions in US value stocks offset by short positions in US growth stocks using forward P/E, P/B and cash flow.

CHEP Factset Analytics Insight

CHEP’s performance over the past 12 months has suffered. Good or bad, its performance is still completely overshadowed by huge fund closure risk. The fund captures the spread between value and growth returns in the US equity space by going long value stocks and shorting growth names. CHEP pairs this bias with true net zero equity exposure via 100% offsetting long/short positions. This posture has produced mixed absolute returns recently—significant negative returns countered by low volatility and near-zero correlations. Be that as it may, almost no one is experiencing these results: AUM is paltry. The fund’s issuer has clearly stated that liquidation is possible unless it gets more capital. If trading out of the fund, avoid market orders and use great care.

CHEP CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 08/15/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
CHEP -5.09% -9.73% -12.30% -18.72% -6.91% -7.69% --
CHEP (NAV) -4.11% -8.94% -13.49% -18.95% -7.29% -7.47% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

CHEP Summary Data

FQF Trust
AGFiQ
09/13/11
Open-Ended Fund
1.12%
$955.59K
$14.96K
1.32%

CHEP Portfolio Data

Long/Short Equity
0.91%
09/14/12
202

CHEP Index Data

Equal
Fundamental
N/A

CHEP Portfolio Management

1.12%
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CHEP Tax Exposures

20.00% / 39.60%
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Qualified dividends
No

CHEP Fund Structure

Open-Ended Fund
Yes
No
No Policy
N/A
N/A
High
Daily
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

CHEP Factset Analytics Block Liquidity

As of 08/16/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of CHEP. CHEP is rated a N/A out of 5.

CHEP Tradability

620
$14.96K
0
0
1.32%
$0.26
-0.24%
4.43% / -3.97%
None
100.00%
50,000
0
0.16%
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$18.92
N/A

CHEP Asset Allocation

Short
Long
Net
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0.00%

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0.00%

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0.00%

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0.00%

CHEP Top 5 Holdings Long

104.77%

CHEP Top 5 Holdings Short

-88.36%

CHEP Performance Statistics

-18.95%
2.23%
-6.92%
-0.15
-0.24
0.21
0.65

CHEP Correlations (DAILY RETURNS 12 MO)

0.00
-0.01
0.15

Correlation (Rolling 30 Day, 12 Mo)