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Whitebox Market Neutral Equity Instl (WBLFX)

11.00 0.00(0.00%) Aug 22

Profile as of Jul 30, 2014Get Profile for:
Whitebox Market Neutral Equity Instl
Whitebox Mutual Funds3033 Excelsior Boulevard, Suite 300Minneapolis, MN 55416
Phone: 855-296-2866
Fund Overview 
Category:Market Neutral
Fund Family:Whitebox Mutual Funds
Net Assets:97.49M
Year-to-Date Return:0.83%
Morningstar Rating:N/A
Fund Inception Date:Jun 1, 2004
Morningstar Style Box 
Market Neutral
[View Category Definition]
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About the Morningstar Style Box
Management Information 
Andrew J. Redleaf
Lead Manager since Jun 1, 2004
Andrew Redleaf, Fund Manager: Prior to establishing Whitebox, Andrew Redleaf was a founding Partner of Deephaven Asset Management. While at Deephaven, Mr. Redleaf managed the Market Neutral Fund from 1994 to 1998. From 1980 to 1994, Mr. Redleaf was an Options Trader at the CBOE. Prior to his experience at the CBOE, he spent two years as an Options Trader with Gruntal & Company. He graduated from Yale University in three years with a BA and MA in Mathematics and was recognized as the top mathematics student of his graduating year in 1978.
Investment Information 
Min Initial Investment:5,000,000
Min Initial Investment, IRA:N/A
Min Initial Investment, AIP:N/A
Min Subsequent Investment:N/A
Min Subsequent Investment, IRA:N/A
Min Subsequent Investment, AIP:N/A
WBLFX can be purchased from 19 brokerages.

Fund Summary 
The investment seeks to provide investors with a positive return regardless of the direction and fluctuations of the U.S. equity markets generally. The fund intends under normal market conditions to invest at least 80% of its net assets (including borrowings for investment purposes) in U.S. listed common stocks. Although the fund may invest without limitation in common stock of any market capitalization, it may be invested principally in common stock of small to medium-sized U.S. companies (which the adviser defines as common stocks of U.S. companies that are eligible for inclusion in the Russell 2000 Index or Russell MidCap Index). It is non-diversified.

Fund Operations 
Last Dividend : 0.00
Last Cap Gain (Jun 29, 2014) : 0.00
Annual Holdings Turnover (Aug 20, 2014) : 351.00%
Average for Category:201.02%
Fees & Expenses 
ExpenseWBLFXCategory Avg
Annual Report Expense Ratio (net):1.78%1.95%
Prospectus Net Expense Ratio:1.76%N/A
Prospectus Gross Expense Ratio:3.88%N/A
Max 12b1 Fee:N/AN/A
Max Front End Sales Load:N/A5.18%
Max Deferred Sales Load: N/A1.62%
3 Yr Expense Projection*:9961,168
5 Yr Expense Projection*:1,8232,000
10 Yr Expense Projection*:3,9723,966
* Per $10,000 invested