32.77 Up +0.22 +0.68%
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QUICK STATS
Latest price 32.77 Change +0.22
Net assets 12.47 Mil % Change +0.68%
YTD +16.27 %
Category Growth
Fund family name AlphaClone
Index tracked S&P 500 TR
Inception date 05/31/2012
Turnover ratio +60.00 %
Detailed quote Last price update 05/17/2013 03:10 PM ET

OVERVIEW
The investment seeks to track the price and yield, before fees and expenses, of the AlphaClone Hedge Fund Long/Short Index. The index is composed of U.S. equity securities selected based on a proprietary hedge fund position replication methodology developed by AlphaClone, LLC (the "Index Provider"). The fund uses a "passive" or "indexing" investment approach to track the index. It invests at least 80% of net assets in the equity securities that comprise the index, which include, but are not limited to, common and preferred equity securities, depositary receipts, ETFs, REITs and MLPs. The fund is non-diversified.
MORNINGSTAR STYLE BOX
What is this?
Style Box for ETF
Long-Term High Quality Long-Term High Quality
Long-Term High Quality
ANNUAL RETURNS
2010 2011 2012
MKT NA NA NA
NAV NA NA NA
View additional performance information
MODERN PORTFOLIO THEORY STATISTICS
MEASUREMENT STANDARD INDEX
S&P 500 TR
R-Squared (1-year) NA
Beta (1-year) NA
Alpha (1-year) NA
DATA PROVIDERS

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Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations data provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by SIX Financial Information.

Japanese stock price data provided by Nomura Research Institute Ltd.; quotes delayed 20 minutes. Canadian fund data provided by CANNEX Financial Exchanges Ltd.

ASSET ALLOCATION
Prospectus Objectives Growth
FEES AND EXPENSES
Expense Ratio 0.95%
Gross Expense Ratio 0.95%
Net Expense Ratio 0.95%
Management Fee 0.95%
VOLATILITY MEASURES
1-year standard deviation NA
Mean NA
3-year Sharpe ratio NA
3-year Treynor ratio NA