BXMDX – Blackstone Alternative Multi-Strategy D Investment Strategy | Morningstar

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Strategy

The investment seeks capital appreciation. The fund seeks to achieve its objective by allocating its assets among a variety of non-traditional or "alternative" investment strategies. The adviser allocates the fund's assets among sub-advisers with experience managing alternative investment strategies and among investment funds. The adviser also manages a portion of the fund's assets directly and, from time to time, may instruct sub-advisers with respect to particular investments.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
BXMDX	Blackstone Alternative Multi-Strategy Fund Class D	No Load	Open			Nov 17, 2014	$16.90M	3.260%	High	$10,000	−$67,650.52
BXMIX	Blackstone Alternative Multi-Strategy Fund Class I	Institutional	Open			Jun 16, 2014	$2.49B	3.010%	High	$100,000	−$456.02M
BXMYX	Blackstone Alternative Multi-Strategy Fund Class Y	Institutional	Open			Jan 28, 2015	$1.19B	2.930%	High	$0	−$87.49M

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