Gotham Index Plus Fund Investor Class (GNNDX)

Overview

This fund is designed for investors seeking diversified exposure to the equity market with an active management strategy that aims to outperform the S&P 500® Index. It is not a traditional passive index fund but employs an "index plus" approach. The fund achieves its investment goals by taking long and short positions in equity and equity-related securities, primarily targeting the largest 500 to 700 U.S. companies based on market capitalization. This allows the fund to potentially benefit from both upward and downward market movements. The adviser's strategy involves investing a portion of the fund's assets in instruments expected to mirror the S&P 500® Index's performance, alongside taking direct long and short positions in selected stocks from its focus market cap range. The objective is to provide investors with a diversified and dynamic approach to equity investment that seeks to offer enhanced returns compared to the benchmark index.

Products and Services

• Enhanced Index Investment

This service involves a portion of the fund's assets being allocated to securities intended to closely follow the returns of the S&P 500® Index. The purpose is to ensure that the fund maintains a core exposure to the broad market's performance, acting as a foundation for the overall investment strategy.

• Long/Short Equity Positions

The fund takes both long and short positions in the equity market, primarily within the largest 500 to 700 companies in the U.S. by market capitalization. Long positions are selected based on their potential for appreciation, while short positions are chosen as hedges against potential declines or to profit from anticipated decreases in stock prices. This dual strategy aims to capitalize on market dynamics, offering the potential for profit in both rising and falling markets.