NAV as of:
08/18/2017 $14.19 - Daily NAV change:
Inception Date: May 23, 2011
James Long/Short Fund seeks to provide long-term capital appreciation.
The Fund invests primarily in foreign and domestic equity securities ("long positions") that the Adviser believes are undervalued and more likely to appreciate, and sells short equity securities ("short positions") that the Adviser believes are overvalued and more likely to depreciate. The Fund also may take long positions in domestic and foreign fixed income securities that the Adviser believes are more likely to appreciate in the interest rate and spread environment anticipated by the Adviser, and short positions in fixed income securities that the Adviser believes are more likely to depreciate in the interest rate and spread environment anticipated by the Adviser. The Fund seeks to achieve positive returns on both the long positions and short positions that it takes in various securities. At times, the Fund may employ a strategy known as 130/30. This means that it may maintain 100% net long exposure by investing 130% of its net assets in long positions and 30% of its net assets in short positions. The Fund will only use this strategy when its risk indicators favor doing so. At any one time, the Fund can have up to 100% of its total assets (including any borrowings) invested in long positions or short positions.
|Automatic Investment Plan
Asset AllocationAs of: 07/31/2017
Fund Operating Expenses:
|(Expenses that are deducted from Fund assets)|
|Distribution (12b-1) Fee
|Acquired Fund Fees and Expenses(AFFE)
|Dividend Expense on Securites sold short
|Total Annual Fund Operating Expenses
Daily NAV & Distributions
Sign Up to receive an email of our quarterly Distributions and our daily NAVs updated
nightly at 7PM EST
- Annual Outlook from Fund Advisor
- Provides recommendation for Investors
- Forecast for Economy, Bonds, Stocks and International
Forms & Reports
a specific form or application?
From Individual Accounts to Corporate Applications, we have them here!