PrintAs you adjust portfolio allocations to navigate uncertain markets, be reminded that Long/Short Equity strategies can provide investors with the potential to increase their returns and reduce their total portfolio risk, especially when comparing to a long-only equity or fixed-income approach.
Download PDF >
Total Returns (%)
Past returns shown do not guarantee future results. Current performance may be lower or higher. Call 888-736-1227 for the latest month-end returns. Return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than original cost.
The 361 Global Long/Short Equity Strategy Fund Class I shares was rated 3 stars for the 3-year period and 4 stars for the 5-year period among 192 and 139 funds, respectively, in the Long/Short Equity funds category. Ratings reflect fee waivers in effect; in their absence, ratings may have been lower. Morningstar Ratings™ are calculated for managed products including mutual funds with at least a three-year history. ETFs and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns and 60% five-year rating/40% three-year rating for 60-119 months of total returns. © 2020 Morningstar. All rights reserved.
You should consider the Fund’s investment objectives, risks, charges and expenses carefully before investing. For a prospectus, or summary prospectus, that contains this and other information about the Funds, call 1-888-736-1227. Please read the prospectus or summary prospectus carefully before investing.
^As of November 1, 2018 Analytic Investors has transitioned its investment advisory business and operations to Wells Capital Management Incorporated (“WellsCap”), a registered investment advisor and a wholly owned subsidiary of Wells Fargo Asset Management Holdings, LLC.
© 2019 Morningstar. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and.or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
Drawdown is the peak-to-trough decline during a specific record period of an investment, fund, or commodity. A drawdown is usually quoted as the percentage between the peak and the trough. Alpha measures the difference between a fund’s actual and expected returns, based on beta, and is generally used as a measure of a manager’s added value over a passive strategy. Volatility is defined by standard deviation which is a statistical measurement of performance fluctuations. Generally, the higher the standard deviations, the greater the expected volatility of returns.
The 361 Funds are distributed by IMST Distributors, LLC.