The investment seeks to achieve long-term capital appreciation.
Under normal market conditions, the Long/Short Fund seeks to achieve long-term capital appreciation through long positions in securities priced below, and short positions in securities priced above, the Adviser's estimate of long-term earnings power. It invests primarily in publicly traded equity securities. The fund will primarily invest in U.S. listed companies among the largest 1,000 ranked companies by market capitalization, including up to 20% of its net assets in shares of foreign companies that trade on U.S. exchanges. It may also invest in real estate investment trusts ("REITs").
Links:  http://www.globalfunddata.com/funds/new/performance/management?variant=Pzena
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 http://www.globalfunddata.com/funds/new/performance/fund_administrator?variant=U.S. Bancorp Fund Services, LLC
 http://www.globalfunddata.com/funds/new/performance/strategy?variant=Long/Short Equity
 http://www.globalfunddata.com/funds/new/performance/structure?variant=Open Ended Investment Company
 http://www.globalfunddata.com/funds/new/performance/city?variant=New York___United States
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 http://www.globalfunddata.com/funds/new/performance/custodian?variant=U.S. Bank National Association
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