SOURCE: AmericaFirst Capital Management

AmericaFirst Capital Management

March 26, 2014 10:15 ET

AmericaFirst Capital Management Flagship Mutual Fund Wins Top Award From Lipper

SACRAMENTO, CA--(Marketwired - Mar 26, 2014) - AmericaFirst Capital Management is pleased to announce that its flagship AmericaFirst Quantitative Strategies Fund ("QSF") (NASDAQ: AFIAX) (NASDAQ: AFISX) has been named by Lipper as the Best Alternative Multi-Strategy Fund over a three year period. In winning this award, the Quantitative Strategies Fund outperformed 106 other mutual funds for the three year period ending 12/31/2013. The Lipper Award was based upon risk adjusted performance.

Upon receipt of the award, Rick Gonsalves, AmericaFirst's Chief Investment Officer and Portfolio Manager commented, "We are pleased to see the results of AmericaFirst's disciplined, unemotional, rules-based approach which seeks to provide value to our investors. We focus our resources on comprehensive research to develop our models and various investment strategies. We believe that comprehensive research combined with our investment management process has allowed AmericaFirst to outperform so many mutual funds in this category."

The Quantitative Strategies Fund is the flagship fund for AmericaFirst Capital Management. In addition to the Lipper accolades, QSF has earned an overall five star rating from Morningstar for five year performance (ending December 31, 2013) out of 96 funds in the Tactical Allocation category based upon total returns.

QSF currently employs five AmericaFirst investment models that have low correlation to each other. These models include: the All Assets Model, Seasonal Model, Defensive Stock Model, Corporate Bond Model and the Master Limited Partnership Model. The combination of these low correlated investment models has generated fund performance that has captured 98% of the market's upside and 68% of the market's downside as of 12/31/2013. Mr. Gonsalves explains part of his portfolio approach, "We are firm believers in the strength of utilizing low correlated asset classes in an effort to reduce risk as measured by volatility. We then closely look at upside and downside capture ratios as a key factor in generating risk adjusted returns. This creates incentive for investors to utilize our Funds as core holdings."

In addition to the Quantitative Strategies Fund, AmericaFirst manages four additional mutual fund strategies: The Defensive Growth Fund, the Income Trends Fund, the Absolute Return Fund and the Seasonal Trends Fund. Additional information on all AmericaFirst Funds may be obtained at or calling 866-960-1355.

Lipper Fund Awards are based on Lipper's Consistent Return calculation. Lipper scores for Consistent Return reflect funds' historical risk-adjusted returns relative to funds in the same Lipper classification and include each fund's expenses and reinvested distributions, but exclude sales charges. Consistent Return values are calculated with all eligible share classes for each eligible classification. The highest Lipper Leader for each Consistent Return value within each eligible classification determines the fund classification winner over three, five or 10 years.

Lipper Award winners are recognized for being the top-risk adjusted performing funds in their respective Lipper peer groups for the listed periods ending December 31, 2013. Past performance or ranking is not indicative of future results. Lipper ratings are not intended to predict future results, and Lipper does not guarantee the accuracy of this information. More information is available at Lipper Leader Copyright 2014.

Morningstar is an independent provider of financial information. Morningstar performance rankings are based on total return without sales charge relative to all share classes of mutual funds with similar objectives and determined by Morningstar. The top 10% of the funds in a rating universe receive five stars, the next 22.5% receive four stars, the next 35% receive three stars, the next 22.5% receive two stars and the bottom 10% receive one star. Past performance or ranking is not indicative of future results.

About AmericaFirst Capital Management, LLC
AmericaFirst Capital Management, the adviser to the AmericaFirst family of Quantitative Funds, is a Northern California based investment management firm. Founded by investment professionals for investment professionals, the core investment philosophy of AmericaFirst is the use of comprehensive, data driven rules-based models to eliminate emotional response from the investment process. AmericaFirst's investment strategies include equity, income, defensive growth, absolute return and seasonal investment vehicles. Additional information is available at Investors interested in AmericaFirst's investment funds or research model may also contact the firm at (916) 787-9940 (extension 102).

AmericaFirst Capital Management is an SEC registered investment advisor, the parent company of AmericaFirst Securities Inc. (FINRA licensed broker/dealer) and the investment advisor to the AmericaFirst Quantitative Funds (an investment company formed under the Investment Company Act of 1940). AmericaFirst's registration as an investment advisor and affiliation with a FINRA licensed broker dealer does not imply any level of skill or training.

Additional information about AmericaFirst Capital Management, LLC, is also available on the SEC's website (click on the link, select "investment adviser search" and type in our firm name). Results will provide you both Part I of our Form ADV and our Brochure.

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Open-end Funds involve risk including risk including the possible loss of principal. Companies in the consumer staples sector may be adversely affected by changes in consumer spending, competition, demographics and consumer preferences. There is a risk that issuers and counterparties will not make payments on securities and other investments held by the Fund, resulting in losses to the Fund. In general, the price of a fixed income security falls when interest rates rise. Foreign common stocks and currency strategies will subject the Fund to currency trading risks that include market risk, credit risk and country risk. The profitability of companies in the healthcare sector may be affected by extensive government regulation, restrictions on government reimbursement for medical expenses, rising costs of medical products and services, pricing pressure, an increased emphasis on outpatient services, limited number of products, industry innovation, changes in technologies and other market developments. Non-diversification risk, as the Funds are more vulnerable to events affecting a single issuer. If a security sold short increases in price, the Fund may have to cover its short position at a higher price than the short sale price, resulting in a loss. The Fund may not be able to successfully implement its short sale strategy due to limited availability of desired securities or for other reasons. Investments in underlying funds that own small and mid-capitalization companies may be more vulnerable than larger, more established organizations. Increased portfolio turnover may result in higher brokerage commissions, dealer mark-ups and other transaction costs and may result in taxable capital gains

Investors should carefully consider the investment objectives, risks, charges and expenses of the AmericaFirst Quantitative Strategies Fund. This and other important information about the Fund is contained in the prospectus, which can be obtained at or calling 866-960-1355. Northern Lights Distributors, LLC member FINRA. AmericaFirst Capital Management, LLC. is not affiliated with Northern Lights Distributors, LLC.

AmericaFirst Capital Management, LLC and its subsidiary, AmericaFirst Securities, Inc. are not affiliated with Burlington Capital Group, LLC. (formerly America First Companies) or any of its subsidiaries.


Contact Information

  • Contact:

    Robert G. Roach, Jr.
    Chief Compliance Officer
    AmericaFirst Capital Management, LLC
    Tel. (916) 787-9940