AEDNX - Arbitrage Event-Driven I

Nasdaq - Nasdaq Delayed Price. Currency in USD

Arbitrage Event-Driven I

Arbitrage FundsC/O Sei Global Funds Services 1 Freedom Valley DriOaks, PA 19456
Management Information
Gregory Loprete,Lead Manager since September 30, 2010
Gregory(Gregg) Loprete joined Water Island Capital in 2009 and currently serves as a portfolio manager. He is primarily responsible for management of the firm’s convertible and fixed income investments. Prior to joining Water Island Capital, Mr. Loprete worked at Keefe, Bruyette & Woods as a Convertible and Preferred Trader where he evaluated, implemented and managed convertible and capital structure investments. From 2007-2008, Mr. Loprete was a Director in the Convertible Arbitrage Group at Ramius Capital Group, LLC. At Ramius Mr. Loprete also served as co-manager and trader. From 2003 to 2007, Mr. Loprete was a Senior Convertible Analyst and Convertible Banking Liaison at SG Cowen & Company. Mr. Loprete received a Masters of Business Administration degree in Finance from New York University in 1993 and a Bachelors degree from the University of Delaware in 1987 — with a major in English Literature with a minor in Economics.
Morningstar Style Box
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Morningstar Category
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Fund Overview

CategoryMarket Neutral
Fund FamilyArbitrage Fund
Net Assets150.8M
YTD Return1.37%
Morningstar Rating★★★
Inception DateSep 30, 2010

Fund Operations

Last Dividend0.24
Last Cap Gain0.00
Holdings Turnover409.00%
Average for CategoryN/A

Fees & Expenses

ExpenseAEDNXCategory Average
Annual Report Expense Ratio (net)1.44%1.66%
Prospectus Net Expense Ratio1.47%N/A
Prospectus Gross Expense Ratio2.35%N/A
Max 12b1 FeeN/AN/A
Max Front End Sales LoadN/A4.94%
Max Deferred Sales LoadN/A1.33%
3 Yr Expense Projection704N/A
5 Yr Expense Projection1,227N/A
10 Yr Expense Projection2,662N/A