Absolute CEF Opportunities Fund Institutional Shares ACEFX Strategy

Strategy

The investment seeks long-term capital appreciation with an emphasis on absolute returns and low sensitivity to traditional financial market indices such as the Standard & Poor's 500® Index. The fund manager believes that there are important benefits that come from pursuing the fund’s investment objective by primarily investing, under normal circumstances, at least 80% of its net assets (plus the amount of any borrowings for investment purposes) will be investments in publicly traded closed-end funds (“CEFs”), including buying securities issued by CEFs, or selling short CEF securities.

Ticker
Name
Share Class Type
Investment Status
Morningstar Rating for Funds
Overall
Medalist Rating
Overall
Inception Date
Total Net Assets for Share Class
Adjusted Expense Ratio
Fee Level
Distribution
Minimum Initial Investment
1-Year Net Flow
ACEFX
Absolute CEF Opportunities Fund Institutional SharesInstitutionalOpen—$4.91M5.280%High$25,000−$3.13M

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