Glenmede Long/Short Portfolio

Frequently Asked Questions About GTAPX

What does GTAPX invest in?

This fund's primary objective is to generate positive returns irrespective of market conditions, while diligently managing the potential for capital loss. It typically allocates a minimum of 80% of its total assets, which may include borrowed funds, to a strategy involving both purchasing (long) and short-selling common stocks and other equity instruments. These investments are focused on publicly traded companies that have significant economic ties to the United States. Furthermore, the fund targets companies whose market valuation, at the time of acquisition, falls within the spectrum of market capitalizations represented by any company in the Russell 3000® Index.

What is the expense ratio of GTAPX?

Glenmede Long/Short Portfolio (GTAPX) charges an expense ratio of 2.55%. This is the annual fee deducted from fund assets to cover management and operations.

How big is GTAPX?

Glenmede Long/Short Portfolio (GTAPX) manages $43.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is GTAPX actively managed or an index fund?

GTAPX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (GTAPX's is 2.55%) because there's no security selection cost.

When was GTAPX launched?

Glenmede Long/Short Portfolio (GTAPX) launched in October 2006 and is managed by the fund issuer.

How has GTAPX performed?

GTAPX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.