TFS Market Neutral
1800 Bayberry Court Suite 103 Richmond VA 23226
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Phone: 888-534-2001
| Category: | Long-Short | | Fund Family: | TFS Capital Funds | | Net Assets: | 380.34M | | Year-to-Date Return: | 2.55% | | Yield: | 0.05% | | Morningstar Rating: |  | | Fund Inception Date: | 07-Sep-04 |
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Lawrence S Eiben
Lead Manager since
07-Sep-04 | | | Eiben is chief operating officer and chief compliance officer at TFS Capital. He began work at TFS in August 1997. He provides strategic direction and input into strategy development but does not perform analysis or execute trades. He has served in this capacity since TFS Capitals inception in October 1997. |
| Min Initial Investment: | $5,000 | | Min Initial Investment, IRA: | $5,000 | | Min Initial Investment, AIP: | $5,000 | | Min Subsequent Investment: | $100 | | Min Subsequent Investment, IRA: | $100 | | Min Subsequent Investment, AIP: | $100 |
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| The investment seeks to produce capital appreciation while having a low correlation to the U.S. equity market (S&P 500). The fund seeks to minimize U.S. equity market risk by taking both long and short positions in US common stocks. It generally owns a diversified portfolio of common stocks while maintaining a diversified portfolio of short positions in common stocks. The fund primarily invests in common stocks and, to a lesser degree, in registered investment companies. It may invest in equity options, financial futures, and other types of equity derivatives. The fund may commit up to 25% of assets in other RICs. |
| Last Dividend
(10-Dec-07):
| 0.01 | | Last Cap Gain
(10-Dec-07):
| 0.40 | | Annual Holdings Turnover
| 492.00% | | Average for Category:
| 290.27% |
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| Expense | TFSMX | Category
Avg | | Total Expense Ratio: | 2.48%
| 2.21% | | Max 12b1 Fee: | 0.00%
| N/A | | Max Front End Sales Load: | 0.00%
| 5.50% | | Max Deferred Sales Load: | 0.00%
| 2.19% | | 3 Yr Expense Projection*: |
$992 | $981 | | 5 Yr Expense Projection*: |
$1,683 | $1,698 | | 10 Yr Expense Projection*: |
$3,522 | $3,378 |
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3.58% Nasdaq 0.00%
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