LS Opportunity

Class Other (LSOFX)

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 Long Short funds

See full Long/Short Equity rankings

See more fund rankings

Performance

The fund has returned 17.64 percent over the past year, and 6.27 percent over the past three years.

Trailing Returns Updated 02.28.2014
Year to date -2.2%
1 Year 17.6%
3 Years (Annualized) 6.3%
5 Years (Annualized) N/A
10 Years (Annualized) N/A

See more LSOFX performance

Summary

The investment seeks to generate long-term capital appreciation by investing in both long and short positions within a portfolio consisting of primarily publicly-traded common stock, with less risk than that of the stock market in general. The fund will employ a research-driven, bottom-up stock selection process on both the long and short side. It generally intends to take positions in equity securities, including common and preferred stocks and securities convertible into equity securities, and in other investment companies. The fund may also hold positions in foreign securities. It is non-diversified.

Fees

Fees are High compared to funds in the same category.
LS Opportunity has an expense ratio of 2.35 percent.

See more LSOFX fees

Risk

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

See more LSOFX risk