Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
RiverPark Long/Short Opportunity Retail RLSFX
- NAV / 1-Day Return 13.26 / −1.04 %
- Total Assets 39.9 Mil
-
Adj. Expense Ratio
- Expense Ratio 2.000%
- Distribution Fee Level Above Average
- Share Class Type No Load
- Category Long-Short Equity
- Investment Style Large Growth
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 0.00
- Turnover 17%
USD | NAV as of Oct 07, 2024 | 1-Day Return as of Oct 07, 2024, 10:52 PM GMT+0
Morningstar’s Analysis RLSFX
Will RLSFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 29.7
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Cash & Cash Equivalents | 14.86 | 6.0 Mil | Cash and Equivalents |
Microsoft Corp | 6.62 | 2.7 Mil | Technology |
NVIDIA Corp | 6.23 | 2.5 Mil | Technology |
Apple Inc | 5.66 | 2.3 Mil | Technology |
Meta Platforms Inc Class A | 4.39 | 1.8 Mil | Communication Services |
Amazon.com Inc | 4.27 | 1.7 Mil | Consumer Cyclical |
Uber Technologies Inc | 3.22 | 1.3 Mil | Technology |
Netflix Inc | 3.09 | 1.2 Mil | Communication Services |
Shopify Inc Registered Shs -A- Subord Vtg | 2.97 | 1.2 Mil | Technology |
The Walt Disney Co | 2.71 | 1.1 Mil | Communication Services |