Description

This fund employs a global long/short equity strategy, seeking to generate steady, long-term capital appreciation while maintaining an appealing risk-adjusted return profile. It is specifically designed to have lower net exposure to the broader equity market compared to conventional long-only investment approaches. Through its investment process, the Portfolio Advisor pinpoints promising companies for long positions and simultaneously takes short positions against those deemed less favorable. The fund has the flexibility to short-sell securities up to 100% of its total market value. Furthermore, the Advisor utilizes short sales as a hedging mechanism to mitigate market risk associated with its long holdings. PFLS is typically structured to maintain an approximate 80% equity market exposure.