LSEQ distinguishes itself as the industry's first hedge fund to transition into an exchange-traded fund. Its primary objective is to optimize investment returns and adeptly manage risk amidst fluctuating market conditions. This is achieved by maintaining a balanced portfolio of long and short positions in U.S. large and mid-cap stocks. A multifactor model guides the selection of long positions, while a dedicated short model identifies potential underperformers. Central to its strategy is a proprietary macroeconomic regime model that categorizes market environments as either value, neutral, or momentum-driven. This framework informs key portfolio decisions, including gross and net exposure levels, alongside preferences for value, quality, profitability, and momentum factors. Industry group selection prioritizes perceived alpha opportunities, specifically targeting sectors exhibiting the highest dispersion in returns. For risk management, the fund employs long and short exposures designed to counteract downside tail risk, with performance gauged by the Sortino ratio. Its investment universe may also encompass U.S. Treasury bills, various derivatives, limited foreign exposure, and reverse repurchase agreements. LSEQ commenced operations with $3.64 million in net assets.

資產類別

Equity

發行機構

Harbor

註冊地

US

成立日期

2015年1月1日

持股數量

151

ISIN

US41151J8282