Key Takeaways
- • AMG Systematica Managed Futures Strategy Fund N (ticker SMFNX) is a U.S.-domiciled open-ended investment company with a launch date of 1 May 2024, classified in Morningstar's Systematic Trend category.
- • The fund carries a 1.50% net expense ratio, no front-end, deferred, or redemption fees, and a $2,000 minimum initial investment ($1,000 for IRAs).
- • Four portfolio managers, Jean-Pierre Selvatico, Matthias Hagmann, Gregoire Dooms and Gueorgui Todorov, each have a start date of 1 May 2024.
- • Morningstar data on the profile reports total net assets of $6.67 million and a share class size of $52.75 thousand.
- • Futures exposure is the fund's dominant feature: futures and forwards represent 235.34% of holdings, with cash and equivalents at 101.06% of the long-position weighting.
Summary
The Financial Times fund profile for AMG Systematica Managed Futures Strategy Fund N, sourced from Morningstar data, sets out the vehicle's basic structure and terms. The fund is an open-ended investment company domiciled in the United States and available for sale to U.S. investors. Morningstar places it in the Systematic Trend category, and it is listed with a mid-cap, blend style classification that reflects the data provider's default categorization rather than an equity mandate. The launch date is 1 May 2024, and pricing is calculated daily.
The fund is managed by a team of four: Jean-Pierre Selvatico, Matthias Hagmann, Gregoire Dooms and Gueorgui Todorov, all of whom list 1 May 2024 as their start date. The cost structure includes a 1.50% net expense ratio, with no front-end load, deferred sales charge or maximum redemption fee. The minimum initial investment is $2,000 and the minimum additional investment is $100. For individual retirement accounts, the minimums are $1,000 initially and $100 for subsequent contributions.
According to the profile, total net assets stand at $6.67 million and the share class size is $52.75 thousand, figures the page dates to October 31, 2026. The portfolio is heavily weighted toward derivatives. Futures and forwards account for 235.34% of the portfolio, and cash and equivalents for 101.06%. Listed top holdings include a December 2026 soybean oil future, September 2026 Korea 10-year and 3-year bond futures, a September 2026 Set50 futures contract and a TOPIX future. Their individual weightings are small, and the top five holdings together total -0.36% of the portfolio. Morningstar notes that regional weightings are unavailable. The profile carries standard disclaimers that past performance does not guarantee future results and that the content is not investment advice.
The fund is managed by a team of four: Jean-Pierre Selvatico, Matthias Hagmann, Gregoire Dooms and Gueorgui Todorov, all of whom list 1 May 2024 as their start date. The cost structure includes a 1.50% net expense ratio, with no front-end load, deferred sales charge or maximum redemption fee. The minimum initial investment is $2,000 and the minimum additional investment is $100. For individual retirement accounts, the minimums are $1,000 initially and $100 for subsequent contributions.
According to the profile, total net assets stand at $6.67 million and the share class size is $52.75 thousand, figures the page dates to October 31, 2026. The portfolio is heavily weighted toward derivatives. Futures and forwards account for 235.34% of the portfolio, and cash and equivalents for 101.06%. Listed top holdings include a December 2026 soybean oil future, September 2026 Korea 10-year and 3-year bond futures, a September 2026 Set50 futures contract and a TOPIX future. Their individual weightings are small, and the top five holdings together total -0.36% of the portfolio. Morningstar notes that regional weightings are unavailable. The profile carries standard disclaimers that past performance does not guarantee future results and that the content is not investment advice.
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