361 Long/Short Equity

U.S. News evaluated 107 Long/Short Equity Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

See all 361 Funds funds

See full Long/Short Equity rankings

See more fund rankings

Performance

The fund has returned 8.24 percent over the past year.

Trailing Returns Updated 02.28.2014
Year to date 0.3%
1 Year 8.2%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

See more ALSQX performance

Summary

The investment seeks to achieve long-term capital appreciation with moderate correlation to major equity market indices but with less volatility. The fund seeks to invest at least 80% of the value of its net assets (which include borrowings for investment purposes) in equity securities such as common stocks and shares of ETFs that are designed to provide the fund with exposure to underlying equity securities, equity indices, and equity markets. The Advisor anticipates that, in general, the portfolio of the fund will not be more than 100% long or short on a net basis. The fund is non-diversified.

Fees

Fees are Above Average compared to funds in the same category.
361 Long/Short Equity has an expense ratio of 2.15 percent.

See more ALSQX fees

Risk

Risk is N/A compared to funds in the same category according to Morningstar.

See more ALSQX risk