AB Select U.S. Long/Short’s lead manager has a wealth of experience, but the uncertainties associated with tactical net exposure management result in a Morningstar Analyst rating of Neutral for its cheaper share classes, while its more expensive share classes are rated Negative.
Will ASCLX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ASCLX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the ASCLX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of ASCLX’s parent organization’s priorities and whether they’re in line with investors’ interests.