3 / 5 Stars
5 5 3 4 5
Zacks Investment Research
Standard & Poor's
U.S. News evaluated 88 Long/Short Equity Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 11.64 percent over the past year, and 9.60 percent over the past three years.
|Trailing Returns||Updated 04.30.2013|
|Year to date||10.6%|
|3 Years (Annualized)||9.6%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks long-term capital appreciation. The fund seeks long-term capital appreciation by taking long and short positions in equity securities of publicly-traded companies in the United States included in the S&P Composite 1500 Index. It typically maintains a net long exposure of approximately 60-115% and expects that, on average, 0-35% of the fund's assets will be sold "short." The fund may reinvest the proceeds of its short sales by taking additional long positions, thus allowing the fund to maintain long positions in excess of 100% of its net assets.
Fees are Above Average compared to funds in the same category.
Hancock Horizon Quantitative Long/Short Fund Trust has an expense ratio of 1.51 percent.
Risk is High compared to funds in the same category according to Morningstar.