The investment seeks long-term capital appreciation.
The fund invests in a combination of long and short positions in (1) equity securities, (2) exchange-traded funds (“ETFs”) that invest primarily in equity securities and (3) American depositary receipts (“ADRs”) representing foreign equity securities using the adviser’s proprietary Contrarian Investment Model. It is non-diversified.
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 http://www.globalfunddata.com/funds/new/performance/custodian?variant=Union Bank National Association
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