QuantShares U.S. Market Neutral Momentum Fund (MOM)

  • Loading...

Fund Description

The investment seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Thematic Market Neutral Momentum Index. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stock, including the short positions, in the Target Momentum Index. The Target Momentum Index is a market neutral index that is dollar-neutral. As such, it identifies long and short securities positions of approximately equal dollar amounts. In choosing to track a market neutral index, the fund seeks to limit the effects of general market movements on the fund.

Fund Snapshot Updated 04.17.2014

Previous Close $24.78 Expense Ratio 2.79%
YTD Return 3.37% Avg. 30-Day Volume 7,815
1-Year Return 2.2% Market Cap Loading...
Bid $24.40 Shares Outstanding 50,000
Ask $24.66 Dividends $0.00
Top 10 Holdings
Questcor Pharmaceuticals Inc (QCOR) 0.60%
Rite Aid Corp (RAD) 0.58%
Core Laboratories N V (CLB) 0.57%
Pioneer Nat Res Co (PXD) 0.55%
Continental Resources Inc (CLR) 0.55%
Eqt Corp (EQT) 0.55%
Priceline Grp Inc (PCLN) 0.55%
Avis Budget Group (CAR) 0.55%
Gulfport Energy Corp (GPOR) 0.55%
Agl Res Inc (GAS) 0.54%
% of Total Holdings 5.60%

Sector Breakdown

Geographic Breakdown

Best Fit Specialty: Equity Funds

See full rankings for Specialty: Equity Funds