333 West Wacker Drive,
Chicago , IL, 606061286
Chicago , IL, 606061286
Summary
The fund seeks to appreciate capital with low correlation to the U.S. stock market through long and short positions.
The investment process starts with companies in the benchmark Russell 1000 Index and takes long positions in companies that are expected to increase in value and short companies that are estimated to fall.
The long portion of the fund’s selection process is driven by identifying companies with establish More
Link
Directors
Nov 14, 2023- Terence J. Toth
- Jack B. Evans
- William C. Hunter
- Albin F. Moschner
- John K. Nelson
- Margaret L. Wolff
- Robert L. Young
- Matthew Thornton III
- Amy B. R. Lancellotta
- Joanne T. Medero
Chief Compliance Officer
- Brett E. Black
Fund Manager(s)
- Scott Tonneson
- David Chalupnik
- Claire Ross
Price
- 52-Week High/Low
- $62.68 - $51.32
- Turnover
- 188%
- Expense Ratio
- 2.42%
Company Name |
Holding |
| Microsoft Corp | 4.66 % |
| NVIDIA Corp | 4.35 % |
| Amazon.com Inc | 2.51 % |
| JPMorgan Chase & Co | 1.84 % |
| Meta Platforms Inc | 1.72 % |
| UnitedHealth Group Inc | 1.66 % |
| Boston Scientific Corp | 1.16 % |
| Oracle Corp | 1.15 % |
| Stryker Corp | 1.12 % |
| Royal Caribbean Cruises Ltd | 1.11 % |
| More | 1.11 % |
Documents
Performance
YTD
-
3 Year
15.81%
5 Year
45.76%
Best
29.27%
2021
Worst
-20.78%
2022
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Q1 | - | 8.7% | 3.8% | -4.7% | 11.1% | -17.9% | 0.1% | 1.9% | 5.4% | -3.7% |
| Q2 | - | -1.6% | 9.7% | -11.2% | 10% | 13.5% | 0.3% | 2.8% | 0.4% | -4.4% |
| Q3 | - | - | 0.2% | -4% | -3.8% | 1.4% | -0.1% | 4.4% | 6% | 5.8% |
| Q4 | - | - | 4.3% | -2.4% | 10% | 4.9% | 3.7% | -10.4% | 5.6% | 7.3% |
| J | F | M | A | M | J | J | A | S | O | N | D | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | - | - | - | - | - | - | - | - | - | - | - | - |
| 2024 | 1.4% | 4.1% | 3% | -2.4% | - | - | - | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 0% | 7% | 19% | -21% | 29% | -1% | 6% | -3% | 19% | 5% |
Alpha
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| NELAX | - | 7% | 19% | -21% | 29% | -1% | 6% | -3% | 19% | 5% |
| S&P 500 | - | - | - | -21% | 27% | 16% | 29% | -6% | 19% | 10% |
| Alpha | - | 7% | 19% | 0% | 2% | -17% | -23% | 4% | -0% | -5% |