Highland Long/Short Healthcare Fund Class ZHHCZX

11.53
0.10 / 0.87%
11.32 - 13.04-0.57
NAV in USDNAV change52-week range3-yr sharpe ratio
As of market close Mar 22 2017.

Total returns on $10,000

As of Feb 28 2017. 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
74.69m USDAs of Feb 28 2017
Net expense ratio1.69%
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

US stock
71.10%
Non-US stock
16.70%
US bond
6.84%
Other
3.24%
Non-US bond
2.13%
Cash
0.00%

Top 5 sectors

Healthcare
126.82%
Real Estate
3.10%
Technology
0.55%

Top 5 Regions

United States
117.40%
Canada
5.70%
Europe - ex Euro
4.86%
United Kingdom
3.92%
Eurozone
3.57%
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
Long
allocation
NuVasive Inc
NUVA:NSQ
+62.29 %9.30%
Minerva Neurosciences Inc--7.43%
WellCare Health Plans Inc
WCG:NYQ
+49.80 %7.09%
Amedisys Inc
AMED:NSQ
+14.83 %6.98%
Crimson Merger Sub / Ortho-C 144A 6.625%--6.84%
Data delayed at least 15 minutes, as of Dec 31 2016. 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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