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®
Neuberger Berman Long Short Fund (NLSAX)
| Performance (1-yr.): 13.28% | Expenses: 2.09% |
| Performance (1-mo.): 0.76% | Total Assets: $742.14M |
Orinda Multi-Manager Hedged Equity Fund (OHEAX)
| Performance (1-yr.): 7.21% | Expenses: 3.00% |
| Performance (1-mo.): 2.07% | Total Assets: $119.19M |
Paladin Long Short Fund (PALFX)
| Performance (1-yr.): 0.51% | Expenses: 2.47% |
| Performance (1-mo.): 0.20% | Total Assets: $3.87M |
Persimmon Long/Short Fund (LSEAX)
| Performance (1-yr.): — | Expenses: 3.24% |
| Performance (1-mo.): 1.68% | Total Assets: $26.93M |
PIMCO EqS Long/Short Fund (PMHAX)
| Performance (1-yr.): 14.91% | Expenses: 1.75% |
| Performance (1-mo.): 1.47% | Total Assets: $365.99M |
Quaker Akros Absolute Return Fund (AARFX)
| Performance (1-yr.): 5.54% | Expenses: 1.88% |
| Performance (1-mo.): 0.64% | Total Assets: $4.26M |
Quaker Event Arbitrage (QEAAX)
| Performance (1-yr.): 9.79% | Expenses: 1.88% |
| Performance (1-mo.): 2.45% | Total Assets: $64.64M |
RiverPark/Gargoyle Hedged Value Fund (RGHIX)
| Performance (1-yr.): 29.96% | Expenses: 1.25% |
| Performance (1-mo.): 4.55% | Total Assets: $24.46M |
RiverPark Long/Short Opportunity Fund (RLSIX)
| Performance (1-yr.): 5.98% | Expenses: 1.85% |
| Performance (1-mo.): 0.92% | Total Assets: $36.75M |
Robeco Boston Partners Long/Short Equity Fund (BPLSX)
| Performance (1-yr.): 13.63% | Expenses: 2.47% |
| Performance (1-mo.): 0.66% | Total Assets: $833.26M |
