RiverPark Funds Liquid Alternatives

Overview

RiverPark Long/Short Opportunity seeks long-term capital appreciation while managing downside volatility by investing long in equity securities that RiverPark Advisors, LLC, the Fund's investment adviser believes have above-average growth prospects and selling short equity securities the Adviser believes are competitively disadvantaged over the long term. The Fund expects to invest primarily in the securities of U.S. companies, but it may also invest outside the U.S. The Fund is an opportunistic long/short investment fund. The Fund's investment goal is to achieve above average rates of return with less volatility and less downside risk as compared to U.S. equity markets.




Our Portfolio Manager


Mitch Rubin

J.D., CFA, Co-CIO, and Managing Partner of RiverPark Advisors, LLC

Mitch Rubin serves as the Portfolio Manager for the RiverPark Large Growth Fund and Portfolio Manager for the RiverPark Long/Short Opportunity Fund. After a brief career as a practicing attorney, Mitch has held various positions as an analyst and portfolio manager. Prior to cofounding RiverPark in 2006, Mitch served as the portfolio manager for several investment strategies at Baron Capital.

Mitch holds a BA in Economics and Political Science from the University of Michigan in 1988 and a JD from Harvard Law School in 1991

Mitch Rubin
Mitch Rubin

Performance

Returns as of TBD

NAV Daily YTD
RiverPark Long/Short Opportunity Fund (RLSIX)
RiverPark Long/Short Opportunity Fund (RLSFX)

Returns as of TBD

MTD YTD 1 Year 3 Years* 5 Years* Since
Inception*
RLSIX
RLSFX

Quarterly Returns as of Quarter Ending TBD

QTD YTD 1 Year 3 Years* 5 Years* Since
Inception*
RLSIX
RLSFX


Inception date of the Fund was September 30, 2009.

Annualized Performance since inception of the Mutual Fund (3/30/2012) was TBD for RLSIX and TBD for RLSFX, as of quarter ending TBD.

* Returns presented for periods less than 1 year are cumulative, returns for periods greater than 1 year are annualized.

Expense Ratio: Institutional: 3.17% gross and 3.17% net, Retail: 3.49% gross and 3.38% net as of the most recent prospectus, dated January 25, 2018. Expenses, excluding interest expense and dividends on short positions for Institutional and Retail classes are 1.79% and 2.00%, respectively.

The performance data quoted for periods prior to March 30, 2012 is that of the Predecessor Fund. The Predecessor Fund commenced operations prior to the periods shown. The Predecessor Fund was not a registered mutual fund and was not subject to the same investment and tax restrictions as the Fund. If it had been, the Predecessor Fund's performance might have been higher. Performance shown for periods less than one year is cumulative; periods of one year and greater are annualized. Inception Date of the Predecessor Fund is 9/30/2009.

The performance quoted herein 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, and current performance may be higher or lower than the performance.

The Fund offers two classes of shares. Retail Class shares have a shareholder services fee of up to 0.25% per annum of average daily net assets. Institutional Class shares have no shareholder services fee. For more information, please see the prospectus.

Holdings*

As of TBD

Security Ticker % of Total Portfolio

 

Top 10 Short Positions

Security Ticker % of Total Portfolio

Holdings Subject to change.

*The positions set forth above comprise all of the long equity positions and the top 10 short equity positions held by the Fund as of the date referenced. The percentage weightings represent the market value of each position (including the notional amount of any long equity positions held through a swap and the delta-adjusted values of any options) divided by the net asset value of the Fund as of that date.

1The percentage weightings of GOOG reflect the Fund’s combined holdings of both Class A and Class C of this issuer’s equity securities.

In-Depth Philosophy & Process

RiverPark Long/Short Opportunity Fund

Commentary

9/30/2018
3rd Quarter 2018 RiverPark Long/Short Opportunity Fund Quarterly Update

6/30/2018
2nd Quarter 2018 RiverPark Long/Short Opportunity Fund Quarterly Update

3/31/2018
1st Quarter 2018 RiverPark Long/Short Opportunity Fund Quarterly Update

12/31/2017
4th Quarter 2017 RiverPark Long/Short Opportunity Fund Quarterly Update

9/30/2017
3rd Quarter 2017 RiverPark Long/Short Opportunity Fund Quarterly Update

6/30/2017
2nd Quarter 2017 RiverPark Long/Short Opportunity Fund Quarterly Update

3/31/2017
1st Quarter 2017 RiverPark Long/Short Opportunity Fund Quarterly Update

12/31/2016
4th Quarter 2016 RiverPark Long/Short Opportunity Fund Quarterly Update

9/30/2016
3rd Quarter 2016 RiverPark Long/Short Opportunity Fund Quarterly Update

6/30/2016
2nd Quarter 2016 RiverPark Long/Short Opportunity Fund Quarterly Update

3/31/2016
1st Quarter 2016 RiverPark Long/Short Opportunity Fund Quarterly Update

12/31/2015
4th Quarter 2015 RiverPark Long/Short Opportunity Fund Quarterly Update

9/30/2015
3rd Quarter 2015 RiverPark Long/Short Opportunity Fund Quarterly Update

6/30/2015
2nd Quarter 2015 RiverPark Long/Short Opportunity Fund Quarterly Update

3/31/2015
1st Quarter 2015 RiverPark Long/Short Opportunity Fund Quarterly Update

12/31/14
4th Quarter 2014 RiverPark Long/Short Opportunity Fund Quarterly Update

9/30/14
3rd Quarter 2014 RiverPark Long/Short Opportunity Fund Quarterly Update

7/31/14
2nd Quarter 2014 RiverPark Long/Short Opportunity Fund Quarterly Update

3/31/14
1st Quarter 2014 RiverPark Long/Short Opportunity Fund Quarterly Update

1/29/14
4th Quarter 2013 RiverPark Long/Short Opportunity Fund Quarterly Update

10/14/13
3rd Quarter 2013 RiverPark Long/Short Opportunity Fund Quarterly Update

07/23/13
2nd Quarter 2013 RiverPark Long/Short Opportunity Fund Quarterly Update

04/23/13
1st Quarter 2013 RiverPark Long/Short Opportunity Fund Quarterly Update

02/08/13
4th Quarter 2012 RiverPark Long/Short Opportunity Fund Quarterly Update

11/08/12
3rd Quarter 2012 RiverPark Long/Short Opportunity Fund Quarterly Update

7/31/12
2nd Quarter 2012 RiverPark Long/Short Opportunity Fund Quarterly Update

6/7/12
1st Quarter 2012 RiverPark Long/Short Opportunity Fund Quarterly Update