Easterly Snow Long/Short Opportunity Fund R6 (SNORX)

Overview

This fund engages in a diversified investment strategy, focusing primarily on equity securities. These include a broad range of stock types such as common and preferred stocks, convertible securities, alongside investments in shares of other investment companies and exchange-traded funds (ETFs) focusing on equity securities. The fund's investment portfolio is designed to encompass companies of various sizes, providing a wide scope of market coverage. It integrates a global investment approach by allocating up to 25% of its net assets in direct or indirect investments in foreign securities. This strategy aims to offer investors exposure to both domestic and international markets, potentially diversifying risk and enhancing returns.

Products and Services

• Equity Securities

  Investment in both common and preferred stocks, offering investors a stake in a company's equity and potentially a share in its profits through dividends or stock appreciation.

• Convertible Securities

  This includes investments in securities that can be converted into a predetermined number of another type, typically shares of the company's common stock, providing a blend of fixed-income security and the potential for equity-like returns.

• Shares of Other Investment Companies and ETFs

  Investments in shares of other investment companies and exchange-traded funds (ETFs) that primarily invest in equity securities, allowing for broader diversification across different sectors and geographical areas.

• Foreign Securities

  The fund may invest directly or indirectly up to 25% of its net assets in foreign securities, offering investors exposure to international markets and the opportunity for increased diversification and potential for higher returns compared to domestic-only investments.