Long/Short Equity
Long-short portfolios hold sizable stakes in both long and short positions. Some funds that fall into this category are market neutral - dividing their exposure equally between long and short positions in an attempt to earn a modest return that is not tied to the market's fortunes. Other portfolios that are not market neutral will shift their exposure to long and short positions depending upon their macro outlook or the opportunities they uncover through bottom-up research. Morningstar®
James Long-Short Fund (JAZZX)
| Performance (1-yr.): 19.17% | Expenses: 1.52% |
| Performance (1-mo.): 0.25% | Total Assets: $13.89M |
John Hancock II Redwood Fund (None)
| Performance (1-yr.): 7.80% | Expenses: 1.16% |
| Performance (1-mo.): 0.45% | Total Assets: $503.06M |
JPMorgan Research Equity Long/Short Fund (JLSAX)
| Performance (1-yr.): 11.72% | Expenses: 1.75% |
| Performance (1-mo.): 1.12% | Total Assets: $70.95M |
Keeley Alternative Value Fund (KALVX)
| Performance (1-yr.): 25.70% | Expenses: 1.89% |
| Performance (1-mo.): 2.70% | Total Assets: $37.42M |
Leigh Baldwin Total Return Fund (LEBOX)
| Performance (1-yr.): 0.63% | Expenses: 1.88% |
| Performance (1-mo.): 0.65% | Total Assets: $3.58M |
LoCorr Long/Short Equity Fund (LEQAX)
| Performance (1-yr.): — | Expenses: 3.40% |
| Performance (1-mo.): — | Total Assets: $931,829 |
Logan Capital Long/Short Fund (LGNMX)
| Performance (1-yr.): — | Expenses: 2.58% |
| Performance (1-mo.): 0.10% | Total Assets: $4.28M |
LS Opportunity (LSOFX)
| Performance (1-yr.): 17.01% | Expenses: 1.95% |
| Performance (1-mo.): 2.12% | Total Assets: $37.77M |
MainStay Marketfield Fund (MFADX)
| Performance (1-yr.): 12.76% | Expenses: 2.03% |
| Performance (1-mo.): 1.98% | Total Assets: $9.16B |
Navigator Equity Hedged Fund (NAVAX)
| Performance (1-yr.): 5.76% | Expenses: 1.78% |
| Performance (1-mo.): 1.07% | Total Assets: $109.38M |
