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Turner Medical Sciences Long/Short Fund Investor Class (TMSFX)

12.52
Net Asset Value
0.00%
1 Day
-6.08%
Year-to-Date
Overall Morningstar Rating
Long-short equity
Style or Category
No Load
Sales Expenses
3.65%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. The fund invests primarily (at least 80% of its net assets) in stocks of companies engaged in the health care sector using a long/short growth strategy in seeking to capture alpha, reduce volatility, and preserve capital in declining markets. Its holdings may generally range from small companies with over $250 million in market capitalization at the time of purchase to larger, established firms in the health care industry. The fund typically holds between 15 and 75 securities long, and between 15 and 75 securities short.

Performance

1 month+1.71% 3 years+8.29%
3 months+3.05% 5 years+6.34%
1 year-12.12% Since inception+6.08%
Data through --

Peer Comparisonvs. Long-short equity

 TMSFXCategory
Performance 5-yr return+6.34%+3.06%
Expense ratio3.65%1.92%
Risk 5 year sharpe ratio0.470.44
Net assets$51.7M$257.5M
Average market cap$4.1B$32.5B
Average P/E--16.3
Portfolio turnover206%206%

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Fund Management and Purchase Info

Fund familyTurner Funds
Fund manager & tenureJohn Fraunces / 1 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,000.00

Holdings

Cash47.65%
U.S. stock46.00%
International stock6.35%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
ABT Abbott Laboratories2.95%
PFE Pfizer2.79%
GSK GlaxoSmithKline2.67%
PETX Aratana Therapeutics Inc2.39%
BMY Bristol-Myers Squibb2.16%
CHRS Coherus BioSciences Inc2.02%
ACHN Achillion Pharmaceuticals Inc1.99%
ISRG Intuitive Surgical1.76%
MNTA Momenta Pharmaceuticals Inc1.74%
EW Edwards Lifesciences Corp1.59%

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