RiverPark Long/Short Opportunity Fd Retail

Frequently Asked Questions About RLSFX

What does RLSFX invest in?

The fund seeks long-term capital appreciation while managing downside volatility by investing long in equity securities that RiverPark believes have above-average growth prospects and selling short equity securities the Adviser believes are competitively disadvantaged over the long term. It invests primarily in the securities of U.S. companies, but it may also invest outside the U.S. The fund limits its investments in the securities of foreign issuers to no more than 15% of its assets.

What is the expense ratio of RLSFX?

RiverPark Long/Short Opportunity Fd Retail (RLSFX) charges an expense ratio of 2.00%. This is the annual fee deducted from fund assets to cover management and operations.

How big is RLSFX?

RiverPark Long/Short Opportunity Fd Retail (RLSFX) is one share class of a fund that manages $25.6M across all of its share classes (RLSIX reports the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is RLSFX actively managed or an index fund?

RLSFX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (RLSFX's is 2.00%) in exchange for the discretion to over- or under-weight positions.

When was RLSFX launched?

RiverPark Long/Short Opportunity Fd Retail (RLSFX) launched in April 2012 and is managed by the fund issuer.

How has RLSFX performed?

RLSFX'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.