HEOCX : Highland Long/Short Equity Fund Class C

Fund Summary

The investment seeks consistent, above-average total returns primarily through capital appreciation, while the advisor also attempts to preserve capital and mitigate risk through hedging activities. The fund seeks to achieve its investment objective by investing at least 80% of the value of its total assets (net assets plus the amount of any borrowings for investment purposes) under normal circumstances in equity securities. It is non-diversified.