James Long-Short Fund

Class Other (JAZZX)

U.S. News evaluated 121 Long/Short Equity Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 17.85 percent over the past year, and 11.17 percent over the past three years.

Trailing Returns Updated 06.30.2014
Year to date 7.1%
1 Year 17.8%
3 Years (Annualized) 11.2%
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks long-term capital appreciation. The fund invests primarily in foreign and domestic equity securities ("long positions") that the Adviser believes are undervalued and more likely to appreciate, and sells short equity securities ("short positions") that the Adviser believes are overvalued and more likely to depreciate. It may maintain 100% net long exposure by investing 130% of its net assets in long positions and 30% of its net assets in short positions. The fund is non-diversified.

Fees

Fees are Above Average compared to funds in the same category.
James Long-Short Fund has an expense ratio of 1.50 percent.

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Risk

Risk is Above Average compared to funds in the same category according to Morningstar.

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See Also:

Top James Advantage Funds