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Convergence Long/Short Equity ETF(CLSE)

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%.


Keywords: Exchange Traded Fund Asset

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CLSE Technical Analysis

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
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