About LONGX
Longboard Fund Class I is a mutual fund designed for investors seeking exposure to alternative investment strategies with a focus on long-term capital appreciation. The fund employs a multi-strategy approach, blending three primary investment strategies: equity, futures, and fixed income. In its equity component, the fund takes both long and short positions in stocks across various sectors and market capitalizations, aiming to benefit from both rising and falling markets. The futures strategy utilizes a systematic, trend-following process to identify opportunities in exchange-traded futures and forward contracts, diversifying across asset classes and geographies. The fixed income strategy invests predominantly in U.S. dollar-denominated, investment-grade securities, including government obligations, corporate bonds, asset-backed securities, and structured notes, with the goal of providing stability and interest income.
Longboard Fund Class I is widely recognized in the financial market for its nontraditional, equity-hedged approach, offering diversification beyond conventional stock and bond portfolios. With over 600 holdings and a relatively high turnover ratio, the fund seeks to manage market risk and volatility while aiming to achieve absolute returns. Established in 2015, the fund has carved out a role in portfolios looking to reduce correlation with traditional asset classes and enhance risk-adjusted performance.
Fund Family Longboard
Category Options Trading
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol LONGX
Share Class Class I
Index Index is not available on Lipper Database
LONGX had a total return of 8.43% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.45%.
