Description: The investment seeks to provide investors with capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by establishing long and short positions in the equity securities of companies that are involved in a publicly-announced significant corporate event, such as a merger or acquisition. It's portfolio may include equity securities issued by U.S. and non-U.S. companies, including American Depositary Receipts (ADRs), and derivatives, including total return swaps. The fund may invest in securities issued by small, mid and large capitalization issuers. It is non-diversified.
Exchange: NYSE ARCA
Country: US
Currency: US Dollar ($)
Category: Event Driven
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Cash | 54.54 | 0.00 | 54.54 |
| Stock US | 47.31 | 5.57 | 41.73 |
| Stock non-US | 3.73 | 0.00 | 3.73 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Financial Services | 27.74 | 32.65 |
| Healthcare | 20.79 | 14.17 |
| Technology | 16.25 | 21.27 |
| Communication Services | 9.56 | 7.12 |
| Real Estate | 7.96 | 3.27 |
| Industrials | 7.04 | 9.76 |
| Consumer Cyclicals | 4.74 | 2.81 |
| Utilities | 3.95 | 2.39 |
| Energy | 1.98 | 0.75 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| North America | 100.00 | 89.80 |
| Australasia | 0.00 | 0.02 |
| Asia Emerging | 0.00 | 0.78 |
| Latin America | 0.00 | 0.02 |
| Asia Developed | 0.00 | 0.53 |
| United Kingdom | 0.00 | 2.66 |
| Europe Developed | 0.00 | 5.37 |
| Africa/Middle East | 0.00 | 0.82 |