LS Opportunity Fund Institutional Class (LSOFX)

Overview

The fund described operates as an investment vehicle employing a comprehensive and detailed approach to stock selection, focusing on both long and short investment positions. It utilizes a research-intensive, bottom-up methodology to identify investment opportunities in equity securities, including but not limited to, common and preferred stocks, as well as securities that can be converted into equity. Additionally, the fund expands its investment scope by including positions in other investment companies and foreign securities, aiming to diversify its portfolio and capitalize on global market opportunities.

Products and Services

• Equity Securities:

  The fund invests in a wide range of equity securities, including common stocks, which represent ownership shares in companies; preferred stocks, which typically offer dividends before common stocks and may have priority over common stock in the event of liquidation; and convertible securities, bonds or preferred shares that can be converted into a predetermined number of common stock or equity shares. This diversity allows the fund to tailor its investment strategy to meet its objectives and adapt to changing market conditions.

• Investment in Other Investment Companies:

  To achieve broad market exposure and diversify its investment portfolio, the fund also allocates part of its resources to other investment companies. This strategy allows the fund to benefit from the expertise of other fund managers and invest in a wider array of assets, including those that may be unavailable or impractical for the fund to hold directly.

• Foreign Securities:

  Recognizing the potential for higher returns and diversification, the fund includes foreign securities in its investment mix. These investments can provide access to growth in emerging markets and sectors not present in the domestic market. However, investing in foreign securities also involves risks such as currency fluctuations and political instability, which the fund manages through meticulous research and strategic planning.