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.
RiverPark Long/Short Opportunity Instl RLSIX
- NAV / 1-Day Return 12.67 / −1.02 %
- Total Assets 43.9 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.850%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Long-Short Equity
- Investment Style Large Growth
- Min. Initial Investment 50,000
- Status Open
- TTM Yield —
- Turnover 17%
USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:14 PM GMT+0
Morningstar’s Analysis RLSIX
Will RLSIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- 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 |