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Arbitrage funds: estimated net equity (the control)

8.5%
of assets, median fund, 5 Oct 2026

The highest reading since the series began in 2018. Up from −2.5% a year ago.

2020202220242026−5.0%5.0%10.0%−5.9%, Jun 2018usual range, −2.4% to −0.9%8.5%2020202220242026−5.0%0.0%5.0%10.0%−5.9%, Jun 2018usual range, −2.4% to −0.9%8.5%2020202220242026−5.0%0.0%5.0%10.0%−5.9%, Jun 2018usual range, −2.4% to −0.9%8.5%20192020202120222023202420252026−5.0%0.0%5.0%10.0%−5.9%, Jun 2018usual range, −2.4% to −0.9%8.5%

What it is. The same net-equity estimate as for balanced advantage funds, run on arbitrage funds, which hedge all their equity and should come out near zero.

How to read it. A check on the method. Readings near zero mean the estimate is behaving; a drift away from zero shows how far the balanced-advantage estimates can be off.

Source: AMFI daily NAV Method Data

The numbers

Latest8.5%5 Oct 2026
A week ago6.9%
A month ago5.1%
A year ago−2.5%
Usual range−2.4% to −0.9%
Median−1.4%
Lowest−5.9%27 Jun 2018
Highest8.5%5 Oct 2026
Percentile, full history100
Percentile, last 5 years100

The usual range is the middle half of readings since 2018. A percentile is the share of the 2,034 readings since 1 Jun 2018 that were below today's. Data: statistics, history (JSON); history as CSV.

To cite: tipsheet, “Arbitrage funds: estimated net equity (the control)”, data to 5 Oct 2026, https://tipsheet.markets/i/baf-arbitrage/

Read it with

Balanced advantage funds' net equity 58%usual
Small-cap funds: days to sell a quarter of the portfolio 3.0 daysnew series
Mid-cap funds: days to sell a quarter of the portfolio 2.0 daysnew series
Equity ETFs: median premium to NAV −0.02%usual
Gold ETFs: median premium to NAV 0.26%above usual
International ETFs: median premium to NAV 15.70%above usual

the usual range: the middle half of all readingstodayEach line runs from the lowest reading ever to the highest.