RiverPark Long/Short Opportunity Fund Institutional Class (RLSIX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
13.38
+0.02 (0.15%)
Apr 29, 2025, 8:07 AM EDT
4.53% (1Y)
| Fund Assets | 34.59M |
| Expense Ratio | 1.85% |
| Min. Investment | $50,000 |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 13.36 |
| YTD Return | -6.18% |
| 1-Year Return | 4.38% |
| 5-Year Return | -3.47% |
| 52-Week Low | 12.25 |
| 52-Week High | 14.87 |
| Beta (5Y) | 1.05 |
| Holdings | 117 |
| Inception Date | Apr 2, 2012 |
About RLSIX
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.
Category Long-Short Equity
Performance Rating Low
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol RLSIX
Share Class Institutional Class
Index S&P 500 TR
Performance
RLSIX had a total return of 4.38% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.98%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| RLSFX | Retail Class | 2.00% |
Top 10 Holdings
52.14% of assets| Name | Symbol | Weight |
|---|---|---|
| Cash & Cash Equivalents | n/a | 11.95% |
| Apple Inc. | AAPL | 6.84% |
| Microsoft Corporation | MSFT | 6.56% |
| NVIDIA Corporation | NVDA | 6.01% |
| Amazon.com, Inc. | AMZN | 4.29% |
| Meta Platforms, Inc. | META | 4.05% |
| Eli Lilly and Company | LLY | 3.41% |
| Netflix, Inc. | NFLX | 3.19% |
| Uber Technologies, Inc. | UBER | 3.02% |
| Booking Holdings Inc. | BKNG | 2.81% |