Strategy & Objective
Nuance Concentrated Value Long-Short Fund seeks long term capital appreciation by taking long positions in securities priced below, and short positions in securities priced above, their estimated intrinsic value.
Average Annual Total ReturnsFor the period ending 9/30/2020
| 1 Year
|| Since Inception Return
| Gross Expense Ratio as of current prospectus
|| Net Expense Ratio as of current prospectus
|Nuance Concentrated Value Long-Short Fund Insitutional (NCLSX)
|Nuance Concentrated Value Long-Short Fund Investor (NCLIX)
|S&P 500 Index
|Morningstar Long/Short Equity
Performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted. Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made solely based on returns. Performance data current to the most recent month end may be obtained by calling 1-855-682-6233.
The Fund has contractually agreed to reduce its management fees, and may reimburse the Fund for its operating expenses, in order to ensure that Total Annual Fund Operating Expenses (Excluding acquired fund fees and expenses, leverage, interest, dividend and interest expense on short sales, taxes, brokerage commissions, and extraordinary expenses) do not exceed 1.55% of the average daily net assets of the Investor Class and 1.30% of the average daily net assets of the Institutional Class through at least August 28, 2021. Net expense ratios are as-of the Fund's most recent prospectus and are applicable to investors.