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New Long Short Equity Mutual Funds in 2014

edited September 2014 in Fund Discussions
13 new long short equity mutual funds came out this year (as of 9/1/2014)
Long Short Equity Mutual Funds get a lot asset flows this year according to the Morningstar report. If you are interested in long short equity mutual funds, you can check new funds below:

1. Hartford Long/Short Global Equity Fund (HLOIX)
2. Altegris/AACA Real Estate Long Short Fund(RAAAX)
3. Guggenheim Risk Managed Real Estate Fund(GURAX)

4. Loeb King Asia Fund(LKPAX)
5. Dreyfus Select Managers Long/Short Equity Fund(DBNAX)

6. Pzena Long/Short Value Fund(PZILX)
7. Lazard Fundamental Long/Short Fund(LLSIX)

8. DWS Strategic Equity Long/Short Fund (DSLAX)
9. Stone Toro Long Short Fund (STVLX)

10. Prudential Long-Short Equity Fund(PLHAX)
11. Lyrical U.S. Hedged Value Fund(LYRHX)

12. Gotham Absolute 500 Fund (GFIVX)
13. Clinton Long Short Equity Fund (HLOIX)

Comments

  • I wish Gotham was not only for rich people.
  • Well, based on Gotham's prospectus, this fund is only available in an institutional share class, with a listed minimum investment of $250,000, a 2.00% management fee and a 3.2% expense ratio.

  • edited September 2014
    a 2.00% management fee and a 3.2% expense ratio.
    Run away...

    Professor Greenblat has been absorbed by the dark side.

    c
  • Charles said:

    a 2.00% management fee and a 3.2% expense ratiod.
    Run away...

    Professor Greenblat has been absorbed by the dark side.

    c
    :) true. Then again L/S funds don't exactly come cheap. Actually I don't care about THIS new fund. Gotham has some other funds though that look interesting. Cost is an issue there as well, but then it did not stop me from buying ARLSX.
  • the asset flows for the Long/Short Equity category (mutual funds, ETFs) is $417 million (as of 7/31/14) from morningstar August report. That is quite a lot asset flows.

    ARLSX has 1.20% management fees and has 7.84% return rate since inception.

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