Category Archives: Most intriguing new funds

AQR Equity Market Neutral (QMNIX), AQR Long-Short Equity (QLEIX), April 2016

Objective and strategy AQR offers its absolute return equity strategy in two mutual fund flavors: AQR Equity Market Neutral and AQR Long-Short Equity. Equity Market Neutral, or EMN, goes long global stocks that score well on proprietary composite measures and shorts global stocks that score poorly. AQR groups these measures into six broad “themes”: Value […]

LS Opportunity Fund (LSOFX), March 2016

Objective and strategy LS Opportunity Fund pursues three goals: preserving capital, delivering above-market returns and managing volatility. “The secret,” says manager John Gillespie, “is to avoid large losses.” They invest, both long and short, in individual stocks; they do not short “the market,” they don’t use esoteric options and they don’t typically use ETFs. They […]

RiverNorth Opportunities Fund, Inc. (RIV), February 2016

Objective and strategy The Fund’s investment objective is total return consisting of capital appreciation and current income. Like the open-end RiverNorth Core Opportunity Fund (RNCOX), this fund invests opportunistically in a changing mix of closed-end funds including business development companies and ETFs. In the normal course of events, at least 65% of the fund’s assets […]

AQR Style Premia Alternative I (QSPIX), AQR Style Premia Alternative LV I (QSLIX), September 2015

Objective and strategy AQR’s Style Premia Alternative, or SPA, strategy offers leveraged, market-neutral exposure to the four major investing “styles” AQR has identified: Value, the tendency for fundamentally cheap assets to beat expensive assets. Momentum, the tendency for relative performance in assets to persist over the short run (about one to twelve months). Carry, the tendency for high-yield […]

Eventide Healthcare & Life Sciences Fund (ETNHX)

Objective and strategy The Eventide Healthcare & Life Sciences Fund seeks to provide long-term capital appreciation. The manager selects equity and equity-related securities of firms in the healthcare and life sciences sectors. The manager’s valuation standards aren’t spelled out, except to say that he’s looking for “attractively valued securities.” The advisor imposes a set of […]

Vanguard Global Minimum Volatility Fund (VMVFX), April 2015

Objective and strategy The fund seeks to provide long-term capital appreciation with low volatility relative to the global equity market. The managers use quantitative models to “construct a global equity portfolio that seeks to achieve the lowest amount of expected volatility subject to a set of reasonable constraints designed to foster portfolio diversification and liquidity.” […]

TrimTabs Float Shrink ETF (TTFS), Feburary 2015

Objective and Strategy The AdvisorShares TrimTabs Float Shrink ETF (TTFS) objective is to generate long-term gains in excess of the Russell 3000 Index, which measures the performance of the largest 3000 U.S. companies representing approximately 98% of the investable U.S. equity market. The fund’s actively managed strategy is to exploit supply-and-demand opportunities created when companies […]

Touchstone Sands Capital Emerging Markets Growth Fund (TSEMX/TSEGX)

Objective and strategy The Fund seeks long-term capital appreciation by investing in a compact portfolio of “truly exceptional businesses” linked to the emerging markets, and occasionally to frontier markets. The managers look for companies that have strong financials, sustainable above-average earnings growth, a leadership position in a strong industry, durable competitive advantages, an understandable business […]

ValueShares US Quantitative Value (QVAL), December 2014

Objective and Strategy The ValueShares US Quantitative Value (QVAL) strategy seeks long-term capital appreciation by investing in a concentrated portfolio of 40 or so US exchange traded stocks of larger capitalizations, which the adviser determines to be undervalued but possess strong economic moats and financial strength. In a nutshell: QVAL buys “the cheapest, highest quality […]