Highland Long/Short Healthcare Fund Class ZHHCZX

15.75
0.06 / 0.38%
12.63 - 16.06+0.74
NAV in USDNAV change52-week range3-yr sharpe ratio

As of market close Oct 30 2014.

Total returns on $10,000

As of Sep 30 2014.Fund performance

Objective

The investment seeks long-term capital appreciation. The fund normally invests at least 80% of the value of its total assets (net assets plus any borrowings for investment purposes) 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 may invest up to 20% of the value of its total assets in a wide variety of securities and financial instruments, of all kinds and descriptions, issued by non-healthcare companies. 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 date05/05/2008
Price currencyUSD
DomicileUnited States
SymbolHHCZX
Manager & start date
Michael Gregory
06/05/2010

Investment

Pricing frequencyDaily
Total net assets
138.45m USDAs of Sep 30 2014
Net expense ratio1.54%
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
44.48%
Cash
40.09%
Non-US stock
15.09%
Other
0.35%
US bond
0.00%
Non-US bond
0.00%

Top 5 sectors

Healthcare
65.14%
Real Estate
6.62%
Financial Services
3.72%
Technology
2.31%
Industrials
2.10%

Top 5 Regions

United States
68.61%
Eurozone
7.30%
United Kingdom
3.59%
Middle East
2.10%
Canada
0.48%

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
Medtronic Inc
MDT:NYQ
+18.75%3.78%
WellCare Health Plans Inc
WCG:NYQ
+1.78%3.33%
HCA Holdings Inc
HCA:NYQ
+48.60%3.07%
Alkermes PLC
ALKS:NSQ
+43.63%2.86%
Acadia Healthcare Co Inc
ACHC:NSQ
+42.92%2.80%
Data delayed at least 15 minutes, as of Jun 30 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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