Equity Overview
Price & Market Data
Price: $20.83
Daily Change: +$0.045 / 0.22%
Daily Range: $20.75 - $20.83
Market Cap: $0
Daily Volume: 4,358
Performance Metrics
1 Week: 0.56%
1 Month: 0.79%
3 Months: 0.85%
6 Months: 5.28%
1 Year: 5.07%
YTD: 1.06%
Details
Under normal market conditions, the fund seeks to achieve its investment objective by establishing long and short positions in the equity securities of companies that are involved in a publicly-announced significant corporate event, such as a merger or acquisition. It's portfolio may include equity securities issued by U.S. and non-U.S. companies, including American Depositary Receipts ("ADRs"). The fund may invest in securities issued by small, mid and large capitalization issuers. It is non-diversified.