4 / 5 Stars
5 5 4 4 1
Zacks Investment Research
Standard & Poor's
U.S. News evaluated 109 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 15.97 percent over the past year, 9.87 percent over the past three years, and 12.48 percent over the past five years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-1.9%|
|3 Years (Annualized)||9.9%|
|5 Years (Annualized)||12.5%|
|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. Using a quantitative model developed by the Adviser, it buys stocks "long" that the Adviser believes are undervalued relative to their peers, and sells stocks "short" that the Adviser believes are overvalued relative to their peers. The fund 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."
Fees are Average compared to funds in the same category.
Hancock Horizon Quantitative Long/Short Fund Trust has an expense ratio of 1.27 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.