CLSE 22.69 Convergence Long/Short Equity ETF
| Range: | 15.959-22.89 | Vol Avg: | 52836 | Last Div: | 0.21 | Changes: | -0.17 |
| Beta: | 0.56 | Cap: | 0.17B | Currency: | USD | Exchange: | AMEX |
| Sector: | Financial Services | IPO: | Tue Feb 22 2022 | Empoloyees: | |||
| CUSIP: | CIK: | 0001141819 | ISIN: | US89834G7604 | Country: | US | |
The fund seeks to invest, under normal market conditions, at least 80% of its net assets (plus any borrowings for investment purposes) in long and short positions in equity securities of domestic companies. The adviser intends to maintain a net long exposure (the market value of long positions minus the market value of short positions) of approximately 50% to 100%. Under normal market conditions, the fund’s long positions may range from approximately 90% to 150% and its short positions may range from approximately 20% to 70%.
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