Highland Long/Short Healthcare Fund Class ZHHCZX

16.71
0.05 / 0.30%
14.73 - 16.83+0.88
NAV in USDNAV change52-week range3-yr sharpe ratio
As of market close May 29 2015.

Total returns on $10,000

As of Apr 30 2015. Fund performance

Objective

The investment seeks long-term capital appreciation. The fund seeks to achieve its investment objective by investing at least 80% of the value of its total assets (net assets plus any borrowings for investment purposes) under normal circumstances in securities of companies principally engaged in the design, development, production, sale, management or distribution of products, services or facilities used for or in connection with healthcare or medicine ("healthcare companies"). It is non-diversified.

Profile

Fund typeOpen Ended Investment Company
Investment style (stocks)
Market Cap: Mid
Investment Style: Growth
Morningstar categoryLong/Short Equity
Launch date05/05/2008
Price currencyUSD
DomicileUnited States
SymbolHHCZX
Manager & start date
Michael Gregory
06/05/2010

Investment

Pricing frequencyDaily
Total net assets
361.31m USDAs of Apr 30 2015
Net expense ratio1.46%
Front end load--
Deferred load--
Redemption fee--
Min. initial investment2,500 USD
Min. additional investment50.00 USD
Initial IRA50.00 USD
Additional IRA50.00 USD
Available for saleUnited States

Diversification

Asset type

Cash
49.57%
US stock
40.48%
Non-US stock
8.54%
Other
1.41%
US bond
0.00%
Non-US bond
0.00%

Top 5 sectors

Healthcare
77.63%
Financial Services
3.19%
Industrials
2.57%
Consumer Cyclical
2.44%
Technology
0.88%

Top 5 Regions

United States
78.20%
Eurozone
6.05%
Canada
2.46%
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
ResMed Inc
RMD:NYQ
+17.50%-3.95%
Varian Medical Systems Inc
VAR:NYQ
+5.03%-3.66%
Johnson & Johnson
JNJ:NYQ
-1.30%-3.57%
NuVasive Inc
NUVA:NSQ
+51.62%3.56%
Humana Inc
HUM:NYQ
+72.47%3.27%
Data delayed at least 15 minutes, as of Dec 31 2014. 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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