Description: The investment seeks long-term capital growth. The fund seeks to invest, under normal market conditions, at least 80% of its net assets (plus any borrowings for investment purposes) in long and short positions in equity securities of domestic companies. The adviser intends to maintain a net long exposure (the market value of long positions minus the market value of short positions) of approximately 50% to 100%. Under normal market conditions, the fund’s long positions may range from approximately 90% to 150% and its short positions may range from approximately 20% to 70%.
Exchange: BATS
Country: US
Currency: US Dollar ($)
Category: Long-Short Equity
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock US | 117.46 | 47.96 | 69.50 |
| Cash | 29.19 | 0.00 | 29.19 |
| Stock non-US | 2.11 | 0.81 | 1.30 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Technology | 22.98 | 19.69 |
| Healthcare | 16.38 | 12.82 |
| Financial Services | 16.05 | 15.75 |
| Consumer Cyclicals | 8.62 | 11.16 |
| Industrials | 8.22 | 12.31 |
| Communication Services | 7.37 | 7.39 |
| Consumer Defensive | 6.73 | 6.00 |
| Energy | 5.28 | 6.11 |
| Basic Materials | 3.58 | 4.17 |
| Utilities | 2.87 | 3.12 |
| Real Estate | 1.93 | 1.48 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| North America | 98.23 | 91.77 |
| Asia Emerging | 0.96 | 0.41 |
| Europe Developed | 0.53 | 3.39 |
| United Kingdom | 0.28 | 2.16 |
| Japan | 0.00 | 0.85 |
| Australasia | 0.00 | 0.24 |
| Latin America | 0.00 | 0.48 |
| Asia Developed | 0.00 | 0.49 |
| Europe Emerging | 0.00 | 0.01 |
| Africa/Middle East | 0.00 | 0.21 |