Turner Market Neutral Instl

The investment seeks capital appreciation.
The fund invests in stocks of companies with any capitalization range using a long/short strategy in seeking to capture alpha, reduce volatility, and preserve capital in declining markets. Primarily, it takes long positions in those equity securities that have been identified by the adviser as undervalued and likely to increase in price, and short positions in those equity securities that have been identified by the adviser as overvalued and likely to decrease in price. The fund typically holds between 10 and 40 securities long, and between 10 and 40 securities short.

Key stats

Management firm  Turner Funds
Domicile  United States
Fund Administrator  Citi Fund Services Ohio, Inc.
Global Branding Name  Turner
Fund Status  OBSOLETE
Fund currency  USD
Launch Date  2011-02-07
Obsolete Date  2014-06-02
ISIN  US9002975996
SEDOL  B3WPGM7
Manager 1 Name  Robert Turner
Manager 2 Name  David Kovacs
Fund Strategy  Market Neutral
Benchmark  S&P 500 TR USD
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-05-31
Return - 1 Month  -0.30%
Return - 2 Months  -3.06 %
Return - 3 Months  -4.25%
Return - 6 Months  -0.88 %
Return - 9 months  3.79 %
Return - 12 Months  6.86%
Annualized return 24 months  -0.10 %
Annualized return 36 months  -0.54 %
Annualized return since Inception  1.04%
Return YTD  -0.98%

Ratings

Morning Star Rating Date   2014-05-31
Morning Star Rating - 36 Months  fund has a 2 star rating fund has a 2 star rating
Morning Star Rating - Overall  fund has a 2 star rating fund has a 2 star rating

Charges

Minimum Investment  $100,000
Maximum Managment Charge  1.50 %

Contact

Contact Address 2  1235 Westlakes Drive, Suite 350
Contact Address 3  Berwyn PA 19312
Contact city  Berwyn
Contact country  United States
Fund Admin Group  Turner Funds
Web Address  www.turnerinvestments.com
Custodian  Citibank, N.A.
Phone  1-800-224-6312

Price

Last Price Date  2014-06-02
Pre-tax nav  10.13

Funds Disclaimer

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Ratings Disclaimer

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