361 Long/Short Equity Class AALSQX

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9.16
0.05 / 0.55%
8.62 - 10.82--
NAV in USDNAV change52-week range3-yr sharpe ratio

As of market close May 17 2013.

Total returns on $10,000

As of Apr 30 2013.Fund performance

Objective

The investment seeks to outperform the S&P 500 Index but with lower volatility and a low correlation to that Index; as a secondary objective, it also seeks to outperform the HFRX Equity Hedge Index. The fund seeks to invest at least 80% of the value of its net assets in equity securities such as common stocks and shares of ETFs. It may invest in equity securities of, or gain exposure to indices consisting of, U.S. and foreign issuers in all market capitalization ranges without limitation. The fund is non-diversified.

Profile

Fund typeOpen Ended Investment Company
Investment style (stocks)
Market Cap: Mid
Investment Style: Growth
Morningstar categoryLong/Short Equity
Launch date20/12/2011
Price currencyUSD
DomicileUnited States
SymbolALSQX
Manager & start date
Blaine Rollins
20/12/2011
Brian Cunningham
20/12/2011
Thomas Florence
20/12/2011
Jeremy Frank
20/12/2011

Investment

Pricing frequencyDaily
Total net assets
15.47k USDAs of Apr 30 2013
Net expense ratio2.29%
Front end load5.75%
Deferred load--
Redemption fee2.00%
Min. initial investment2,500 USD
Min. additional investment--
Initial IRA2,500 USD
Additional IRA--
Available for saleUnited States

Diversification

Asset type

Cash
70.21%
US stock
24.16%
Non-US stock
6.04%
Bond
0.00%
Other
-0.42%

Top 5 sectors

Equity•Fixed income
Healthcare
18.82%
Technology
14.32%
Consumer Cyclical
12.58%
Financial Services
11.70%
Basic Materials
10.75%

Top 5 Regions

United States
69.92%
Canada
4.49%
Latin America
3.62%
Emerging Asia
3.60%
Africa
1.80%

Sector and region weightings are calculated using only long position holdings of the portfolio.

Sector & regional holdings

Top 5 holdings

Company1 year
change		Portfolio
weight		Short
allocation		Long
allocation
SPDR S&P MidCap 400
MDY:PCQ:USD		+32.33%-16.16%
SPDR S&P 500
SPY:PCQ:USD		+27.57%-16.13%
iShares Russell 2000 Index
IWM:PCQ:USD		+31.37%-13.80%
Fidelity Instl MM Fds Money Market I-91.00%12.31%
iShares MSCI Emerging Markets Index
EEM:PCQ:USD		+15.33%-9.59%
As of Jan 31 2013.Data delayed by at least 15 minutes.Top 10 holdings

The performance data shown in tables and graphs on this page is calculated in USD of the fund / index / average (as applicable), on a Bid To Bid / Nav to Nav basis, with gross dividends re-invested on ex-dividend date. Past performance is not necessarily a guide to future performance; unit prices may fall as well as rise.

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