Skip to Content
Morningstar

RiverPark Long/Short Opportunity Retail RLSFX

Morningstar Medalist Rating
Medalist Rating as of | See River Park Funds Investment Hub
  • NAV / 1-Day Return 12.62  /  +1.37 %
  • Total Assets 43.5 Mil
  • Adj. Expense Ratio
    2.000%
  • Expense Ratio 2.000%
  • Distribution Fee Level Above Average
  • Share Class Type No Load
  • Category Long-Short Equity
  • Investment Style Large Growth
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield —
  • Turnover 17%

USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 10:17 PM GMT+0

Morningstar’s Analysis RLSFX

Will RLSFX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RLSFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the RLSFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of RLSFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Increased confidence in RiverPark Long/ Short Opportunity Retail's prospects relative to its Morningstar Category peers leads to an upgrade in this strategy's Morningstar Medalist Rating to Neutral from Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings RLSFX

More RLSFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 31.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash & Cash Equivalents

14.70 6.6 Mil
Cash and Equivalents

Microsoft Corp

6.09 2.7 Mil
Technology

Meta Platforms Inc Class A

4.37 2.0 Mil
Communication Services

Amazon.com Inc

4.29 1.9 Mil
Consumer Cyclical

NVIDIA Corp

4.22 1.9 Mil
Technology

Apple Inc

3.79 1.7 Mil
Technology

Netflix Inc

3.55 1.6 Mil
Communication Services

Uber Technologies Inc

3.41 1.5 Mil
Technology

Mastercard Inc Class A

3.25 1.5 Mil
Financial Services

The Walt Disney Co

3.15 1.4 Mil
Communication Services