Convergence Long/Short Equity Fund Institutional Class (MARNX) Research
This fund primarily allocates at least 80% of its net assets to both long and short positions in the equity securities of U.S. companies. While the advisor chiefly focuses on established mid- and large-capitalization firms, it retains the flexibility to invest in companies of any market size. The core strategy involves taking long (buying) positions in securities anticipated to outperform the market, and concurrently taking short (selling) positions in those expected to underperform. The advisor aims to keep the fund's overall net long market exposure within a range of approximately 50% to 100%.
Market snapshot
- Symbol
- MARNX
- Price
- $15.28
- Day change
- -1.24%
- Market cap
- $25.2M
- 52-week range
- 15.04-18.62
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
Peer companies
- Allspring Funds Trust - Allspring U.S. Long/Short Equity Fund (ADMQX)
- Clough Global Long/Short Fund - Investor Class (CLOAX)
- KL Allocation Fund - Advisor Class (GAVAX)
- American Beacon Bahl & Gaynor Small Cap Growth Fund - Investor Class (GBSPX)
- Great Lakes Disciplined Equity Fund Institutional Class (GLDNX)
- AMG GW&K Global Allocation Fund Class N (MBEAX)
- McKee International Equity Portfolio Instl Cl (MKIEX)
- Sunbridge Capital Emerging Markets Fund Investor Class (RIMIX)
Open Convergence Long/Short Equity Fund Institutional Class (MARNX) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.