{"id":2331901,"date":"2021-03-31T11:25:12","date_gmt":"2021-03-31T15:25:12","guid":{"rendered":"https:\/\/www.valuewalk.com\/?p=2331901"},"modified":"2021-03-31T11:25:12","modified_gmt":"2021-03-31T15:25:12","slug":"top-long-short-equity-mutual-funds","status":"publish","type":"post","link":"https:\/\/www.valuewalk.com\/top-long-short-equity-mutual-funds\/","title":{"rendered":"These Are the Top Long-Short Equity Mutual Funds"},"content":{"rendered":"<p>There are several strategies that <a href=\"https:\/\/www.valuewalk.com\/biggest-long-short-hedge-funds\/\">hedge<\/a> and mutual funds use to earn returns for their investors, as well as lower their market exposure. One such strategy is long-short equity. Under this strategy, one takes long positions in the <a href=\"https:\/\/www.valuewalk.com\/hedge-funds-2\/stock-picks\/\">stocks<\/a> that are expected to gain and short positions in the equities that may drop. It is a time tested strategy that has proven effective most times. Let\u2019s take a look at the top ten long-short equity mutual funds.<\/p>\n\n\t<!-- Begin Mailigen Signup Form -->\n\t<script type=\"text\/javascript\">\n\t\tif (typeof jQuery == 'undefined') {\n\t\t\tdocument.write('<scr' + 'ipt type=\"text\/javascript\" src=\"https:\/\/list.mailigen.com\/js\/jquery.js\"><\/scr' + 'ipt>');\n\t\t}\n\t<\/script>\n\t<script language=\"javascript\" type=\"text\/javascript\" src=\"https:\/\/list.mailigen.com\/js\/scripts.js\"><\/script>\n\t<script language=\"javascript\" type=\"text\/javascript\" src=\"https:\/\/list.mailigen.com\/js\/subscribe2.js\"><\/script>\n\t<div id=\"MG-placeholder\">\n\t<style>.first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important}\n\n\tform.ebook-styles .error,\n\tform.ebook-styles #error {\n\t\tcolor:#d00;\n\t}\n\tform.ebook-styles .formfields h1,\n\tform.ebook-styles .formfields #mg-logo,\n\tform.ebook-styles .formfields #mg-footer {\n\t\tdisplay: none;\n\t}\n\tform.ebook-styles .formfields {\n\t\tfont-size: 12px;\n\t}\n\tform.ebook-styles .formfields p {\n\t\tmargin: 4px 0;\n\t}\n\t<\/style>\n<div style=\"background:#eee;display:block;overflow:hidden;margin-bottom:24px;padding:40px;\">\n<div class=\"two-thirds first\">\n<p style=\"font-size:22px;margin:0 0 10px;\">Get The Full Henry Singleton Series in PDF<\/p>\n\t<p style=\"line-height:1.4;margin-bottom:0;\">Get the entire 4-part series on Henry Singleton in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues<\/p>\n\t<form action=\"https:\/\/valuewalk.us4.list-manage.com\/subscribe\/post?u=c3eb7a1d092fc854772c834e0&amp;id=f6f5bdb8b5\" method=\"post\" id=\"mc-embedded-subscribe-form\" name=\"mc-embedded-subscribe-form\" class=\"validate\" target=\"_blank\" novalidate>\n <div id=\"mc_embed_signup_scroll\">\n \n\t\t\t\t<div class=\"af-element mc-field-group \">\n\t\t\t\t\t<div class=\"af-textWrap c1\"><input type=\"email\" value=\"\" placeholder='Email Address' name=\"EMAIL\" class=\"required af-element email\" id=\"mce-EMAIL\"><\/div>\n\t\t\t\t\t<div class=\"af-clear\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"af-element buttonContainer\">\n\t\t\t\t\t<input type=\"submit\" value=\"Subscribe\" name=\"subscribe\" id=\"mc-embedded-subscribe\" class=\"button\">\n\t\t\t\t<\/div>\n \n \n\t<div id=\"mce-responses\" class=\"clear\">\n\t\t<div class=\"response\" id=\"mce-error-response\" style=\"display:none\"><\/div>\n\t\t<div class=\"response\" id=\"mce-success-response\" style=\"display:none\"><\/div>\n\t<\/div>    <!-- real people should not fill this in and expect good things - do not remove this or risk form bot signups-->\n    <div style=\"position: absolute; left: -5000px;\" aria-hidden=\"true\"><input type=\"text\" name=\"b_c3eb7a1d092fc854772c834e0_f6f5bdb8b5\" tabindex=\"-1\" value=\"\"><\/div>\n    \n    <\/div>\n\t<\/form>\n\t<script type='text\/javascript' src='\/\/s3.amazonaws.com\/downloads.mailchimp.com\/js\/mc-validate.js'><\/script><script type='text\/javascript'>(function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true);<\/script>\n<\/div>\n<div class=\"one-third\">\n<img decoding=\"async\" src=\"https:\/\/www.valuewalk.com\/wp-content\/uploads\/2017\/02\/Singleton-1.jpg\" alt=\"Henry Singleton eBook\" style=\"width:100%; height:auto\">\n<\/div><\/div><\/div><!-- End Mailigen Signup Form -->\n<p style=\"text-align: center;\"><a href=\"https:\/\/valuewalkpremium.com\/2021\/01\/q4-2020-hedge-fund-letters\/\" target=\"_blank\"><em><strong>Q4 2020 hedge fund letters, conferences and more<\/strong><\/em><\/a><\/p>\n<h2>Top Long-Short Equity Mutual Funds<\/h2>\n<p>We have used the past one-year return data (from <a href=\"https:\/\/money.usnews.com\/funds\/search?category=long-short-equity&amp;mutual-funds=true&amp;sort=return1yr\" rel=\"follow nofollow\" target=\"_blank\">U.S. News<\/a>) to come up with the top long-short equity mutual funds. Following are the top ten long-short equity mutual funds:<\/p>\n<ol start=\"10\">\n<li>\n<h2>Global Tactical Fund (GIVYX, 25%)<\/h2>\n<\/li>\n<\/ol>\n<p>The objective of the fund is long-term capital appreciation. GIVYX primarily invests in equity securities and <a href=\"https:\/\/www.livemint.com\/market\/cryptocurrency\/bitcoin-etf-the-race-to-follow-the-trend-11616768725869.html\" rel=\"follow nofollow\" target=\"_blank\">exchange-traded funds<\/a> (ETFs). Under normal circumstances, the fund invests a minimum of 40% of its total net assets in global securities. It has a net expense ratio of 3.3%. GIVYX has $18.53 million in total assets.<\/p>\n<ol start=\"9\">\n<li>\n<h2>Toews Hedged U.S. Fund (THLGX, 26%)<\/h2>\n<\/li>\n<\/ol>\n<p>The objective of the fund is long-term capital appreciation, as well as limit risk when the market is unfavorable. THLGX largely invests in equity index futures contracts, U.S. large cap stocks, ETFs investing in U.S. <a href=\"https:\/\/www.nasdaq.com\/articles\/buy-these-3-large-cap-value-for-eye-catching-returns-2021-03-30\" rel=\"follow nofollow\" target=\"_blank\">large cap stocks<\/a>, investment grade fixed income securities and more. It has a net expense ratio of 1.25%, and has returned 11.80% over the past three years, 12.36% over the past five years and 6.80% over the past decade. THLGX has $156.43 million in total assets.<\/p>\n<ol start=\"8\">\n<li>\n<h2>Clough Global Long\/Short Fund (CLOVX, 26%)<\/h2>\n<\/li>\n<\/ol>\n<p>The objective of the fund is long-term capital appreciation. CLOVX takes long and short positions in the equity securities (including preferred stocks) in the U.S. and non-U.S. (at least three) markets. It has a net expense ratio of 1.68%, and has returned 8.04% over the past three years, and 9.23% over the past five years. CLOVX has $81 million in total assets.<\/p>\n<ol start=\"7\">\n<li>\n<h2>Highland Healthcare Opportunities Fund (HHCAX, 26%)<\/h2>\n<\/li>\n<\/ol>\n<p>The objective of the fund is long-term capital appreciation. HHCAX invests at least 80% of its total assets in companies related to <a href=\"https:\/\/www.forbes.com\/sites\/forbestechcouncil\/2021\/03\/31\/how-iot-is-transforming-healthcare\/?sh=1fc97bc367e5\" rel=\"follow\" target=\"_blank\">healthcare<\/a> or medicine. It has a net expense ratio of 2.72%, and has returned 15.05% over the past three years, 9.27% over the past five years and 6.39% over the past decade. HHCAX has $26.47 million in total assets.<\/p>\n<ol start=\"6\">\n<li>\n<h2>Navigator Equity Hedged Fund (NAVAX, 28%)<\/h2>\n<\/li>\n<\/ol>\n<p>The objective of the fund is long-term <a href=\"https:\/\/www.valuewalk.com\/top-ten-market-neutral-mutual-funds\/\">capital appreciation<\/a>. NAVAX invests across various sectors through ETFs that invest in equity securities. Moreover, it uses volatility-linked exchange-traded notes for the purpose of hedging. It has a net expense ratio of 1.32%, and has returned 6.44% over the past three years, 9.11% over the past five years and 3.77% over the past decade. NAVAX has $30.48 million in total assets.<\/p>\n<ol start=\"5\">\n<li>\n<h2>Toews Hedged U.S. Opportunity Fund (THSMX, 40%)<\/h2>\n<\/li>\n<\/ol>\n<p>This objective of the fund is long-term capital growth, as well as limit risk at the time of unfavorable market conditions. THSMX largely invests in equity index futures contracts on equity indices. It has a net expense ratio of 1.25%, and has returned 11.01% over the past three years, 9.49% over the past five years and 4.39% over the past decade.<\/p>\n<ol start=\"4\">\n<li>\n<h2>Alger Dynamic Opportunities Fund (SPEDX, 41%)<\/h2>\n<\/li>\n<\/ol>\n<p>The objective of the fund is long-term capital appreciation. SPEDX invests in U.S. and <a href=\"https:\/\/www.etftrends.com\/disruptive-technology-channel\/arkgs-genomics-will-personalize-cancer-treatment\/\" rel=\"follow nofollow\" target=\"_blank\">foreign equity securities<\/a>, including common and preference shares, as well as convertible securities. It has a net expense ratio of 2.01%, and has returned 16.45% over the past three years and 15.18% over the past five years.<\/p>\n<ol start=\"3\">\n<li>\n<h2>RiverPark Long\/Short Opportunity Fund (RLSIX, 41%)<\/h2>\n<\/li>\n<\/ol>\n<p>The objective of the fund is long-term capital appreciation, as well as managing downside volatility. RLSIX invests in equities exhibiting above-average growth prospects and short equities that don\u2019t exhibit long term growth prospects. It has a net expense ratio of 1.75%, and has returned 18.22% over the past three years and 17.42% over the past five years.<\/p>\n<ol start=\"2\">\n<li>\n<h2>Water Island Long\/Short Fund (ATQIX, 46%)<\/h2>\n<\/li>\n<\/ol>\n<p>The objective of the fund is capital appreciation along with lower volatility than the broad equity market. ATQIX uses \"long\/short\" <a href=\"https:\/\/www.valuewalk.com\/hedge-funds-cautiously-optimistic\/\">investment strategy<\/a> and manages risks by buying equities that are undervalued and selling overvalued stocks. It has a net expense ratio of 1.66%, and has returned almost 14% over the past three years and 12% over the past five years.<\/p>\n<ol>\n<li>\n<h2>ABR Dynamic Blend Equity &amp; Volatility (ABRVX, 48%)<\/h2>\n<\/li>\n<\/ol>\n<p>The objective of the fund is to correspond to the performance of the ABR Dynamic Blend Equity &amp; Volatility Index. <a href=\"https:\/\/www.barrons.com\/articles\/how-to-protect-your-portfolio-with-and-from-liquid-alts-51590192127\" rel=\"follow nofollow\" target=\"_blank\">ABRVX<\/a> invests a minimum of 80% of its net assets in <a href=\"https:\/\/www.valuewalk.com\/stocks-vs-cash-returns-risks\/\">securities<\/a> and instruments offering exposure to the constituents of the index powered by Wilshire. It has a net expense ratio of 2%, and has returned 14.43% over the past three years and over 10.86% over the past five years.<\/p>\n ","protected":false},"excerpt":{"rendered":"<p>There are several strategies that hedge and mutual funds use to earn returns for their investors, as well as lower &#8230; <a title=\"These Are the Top Long-Short Equity Mutual Funds\" class=\"read-more\" href=\"https:\/\/www.valuewalk.com\/top-long-short-equity-mutual-funds\/\" aria-label=\"More on These Are the Top Long-Short Equity Mutual Funds\">Read more<\/a><\/p>\n","protected":false},"author":5478,"featured_media":2330439,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6640],"tags":[],"states":[],"acf":[],"modified_by":"Jacob Wolinsky","_links":{"self":[{"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/posts\/2331901"}],"collection":[{"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/users\/5478"}],"replies":[{"embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/comments?post=2331901"}],"version-history":[{"count":0,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/posts\/2331901\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/media\/2330439"}],"wp:attachment":[{"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/media?parent=2331901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/categories?post=2331901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/tags?post=2331901"},{"taxonomy":"states","embeddable":true,"href":"https:\/\/www.valuewalk.com\/wp-json\/wp\/v2\/states?post=2331901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}