MARNX : Convergence Long/Short Equity Fund

MARNX is a Alternatives Market Short with HIGH fees.

MARNX

Convergence Long/Short Equity Fund

FI Score

23 /100

Expense Ratio Rating

4 /10

Expense Rating

0 /10

Market Score

4 /10

Category Score

0 /10

Market Size

4 /10

23% FI Score
  • marnx
  • Mutual Fund
  • Alternatives
  • Short

Convergence Long/Short Equity Fund

Expenses: 2.18% (Better than 0% of similar funds)

This is a bad choice for a Short Alternatives fund. See why ยป

Fund Summary

The investment seeks long-term capital growth. The fund seeks to achieve its investment objective by investing at least 80% of its net assets in long and short positions in equity securities of domestic companies. The advisor focuses primarily on companies with medium and large market capitalizations, although it may establish long and short positions in companies of any market capitalization. The fund will hold long (purchase) securities that the adviser believes will outperform the market, and will sell short securities expected to underperform the market. The advisor intends to maintain a net long exposure of approximately 50% to 100%.

Largest Holdings

Amount Holding
2.99% Amazon.com Inc
2.17% Apple Inc
1.99% AT&T Inc
1.79% Cisco Systems Inc
1.73% Electronic Arts Inc
1.64% Alphabet Inc A
1.63% The Home Depot Inc
1.63% Alphabet Inc Class C
1.52% Citrix Systems Inc
1.48% Microsoft Corp
1.37% Cadence Design Systems Inc
1.37% VMware Inc
1.34% NortonLifeLock Inc
1.25% Fortinet Inc
1.23% Oracle Corp
1.16% Visa Inc Class A
1.15% International Business Machines Corp
1.12% Mastercard Inc A
1.09% Charter Communications Inc A
1.09% Synaptics Inc
1.08% Qualcomm Inc
1.08% Applied Materials Inc
1.07% Philip Morris International Inc
1.06% Amdocs Ltd
1.05% Gilead Sciences Inc

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