ASYLX – AB Select US Long/Short Advisor Investment Strategy | Morningstar

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Strategy

The investment seeks long-term growth of capital. Under normal circumstances, the fund invests at least 80% of its net assets in equity securities of U.S. companies, short positions in such securities, and cash and U.S. cash equivalents. Its investments will be focused on securities of companies with large and medium market capitalizations, but it may also take long and short positions in securities of small-capitalization companies. The fund may invest in non-U.S. companies, but currently intends to limit its investments in such companies to no more than 10% of its net assets.

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
ASYLX	AB Select US Long/Short Portfolio Advisor Class	No Load	Open			Dec 12, 2012	$1.34B	1.610%	Above Average	$0	−$124.89M
ASILX	AB Select US Long/Short Portfolio Class I	Institutional	Open			Dec 12, 2012	$28.83M	1.570%	Above Average	$2M	−$17.87M
ASLAX	AB Select US Long/Short Portfolio Class A	Front Load	Open			Dec 12, 2012	$113.66M	1.860%	Above Average	$2,500	−$11.90M
ASCLX	AB Select US Long/Short Portfolio Class C	Level Load	Open			Dec 12, 2012	$13.51M	2.610%	Above Average	$2,500	−$6.29M

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