Fund Research for Aberdeen Equity Long-Short C (MLSCX)

  • Fund Overview

    Fund Inception Date: Dec 31, 1997
    Category: Long-Short
    Overall Risk: Above Average
    Fund Family: Aberdeen
    Return Since Inception: 7.44%
    YTD Return: 4.42%
    Yield (TTM): 0.00%
    Net Assets: 27.38 M
    Morningstar Rating:
    2 of 5

    The investment seeks long-term capital appreciation. The fund normally invests at least 80% of net assets in equity securities of companies that are organized under the laws of the United States, have their principal places of business in the United States, or whose stock is traded primarily in the United States. It may invest include common stock, preferred stock, securities convertible into common stock or securities with prices linked to the value of common stocks. The fund may invest in exchange-traded funds and derivatives.

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    Size
    Average Market Cap $14,153 M
    Market Capitalization Portfolio
    Giant 28.05%
    Large 33.80%
    Medium 27.47%
    Small 10.68%
    Micro 0.00%
    Morningstar Rating as of 10/31/2009
    YTD Returns as of 11/24/2009
    Style Box Detail calculations do not include the fund's short positions (if any)
  • Fund Performance

    10 year Growth Chart
    Growth of $10,000 from 12/31/1998 to 10/31/2009
    Mouseover the chart to see values for each month.

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    Total Annualized Returns

    YTD 1 year 3 year 5 year 10 year Since Inception
    Fund 4.42% 5.70% 0.80% 2.60% 0.34% 7.44%
    +/- Category -5.73% -8.94% 1.89% 0.40% -3.48%
    +/- ML USD LIBOR 3 Mon CM 3.58%

    Standardized Annual Returns

    YTD 1 year 3 year 5 year 10 year Since Inception
    Month (as of 10/31/2009) 2.35% 0.18% 1.02% 2.56% 0.34% 7.44%
    Quarter (as of 09/30/2009) 3.69% -1.38% 0.97% 3.08% 1.36% 7.62%
  • Fund Portfolio Profile

    Sector Breakdown

    Stocks
    Information 25.18%
    Service 44.51%
    Manufacturing 30.30%

    Asset Allocation

    Short Long Net Assets
    Cash 0.00% 0.00%
    Stocks 100.00% 100.00%
    Bonds 0.00% 0.00%
    Other 0.00% 0.00%
    Foreign Stocks
    (as a % of assets)
    0.00% 0.00%
    Data as of 09/30/2009 Data as of 09/30/2009 View Fund Portfolio

    Top 10 Holdings

    Sector P/E Return as of 10/31/2009 Net Assets
    = APACHE CORP (APA) Energy 31.93% 3.71%
    + JPMORGAN CHASE & CO (JPM) Financial Services 35.11 37.11% 2.96%
    + MARVELL TECHNOLOGY GROUP LTD (MRVL) Hardware 109.00% 2.88%
    + HALLIBURTON CO (HAL) Energy 26.96 68.21% 2.80%
    + GOLDMAN SACHS GROUP INC (GS) Financial Services 38.28 104.74% 2.78%
    + DANAHER CORP DEL (DHR) Industrial Materials 22.17 22.01% 2.50%
    = 3M CO (MMM) Industrial Materials 19.45 31.37% 2.48%
    = BAXTER INTL INC (BAX) Healthcare 15.51 2.07% 2.47%
    + ALLIANCE DATA SYSTEMS CORP (ADS) Financial Services 21.28 23.36% 2.38%
    = AEROPOSTALE (ARO) Consumer Services 11.45 137.58% 2.34%
    + Increase - Decrease = No change * New since last portfolio
    Top 10 holdings account for the fund's short positions (if any). Net short positions appear shaded.
    P/E as of 11/24/2009
    All other data as of 09/30/2009

  • Sales Information

    Sales Charge %

    Initial
    Deferred 1.00%
    Taken from prospectus dated 02/28/2009
    Expense Ratio (based on net assets) 2.87%
    Taken from annual report dated 10/31/2008

  • Fund Management

    Shahreza Yusof
    Start Date: 02/28/2009
    Yusof is head of U.S. equities. He joined Aberdeen in 1994 as part of the Asian Equities team in Singapore, where he became an investment director, leading on Japanese equities. In 2002, Shahreza transferred to our London office responsible for emerging markets. After a period away, which included attending programs at universities in Beijing, China and Seoul, Korea, he returned to Aberdeen to join our Philadelphia office as senior equity specialist in 2006.
    Douglas Burtnick
    Start Date: 06/29/2004
    Burtnick is an investment manager on the U.S. equity team. He joined Aberdeen in October 2007. Prior to that, he was a portfolio manager employed by NFA since May 2002. From 2000 to 2002, Burtnick served as a risk manager in the private client group of Brown Brothers Harriman & Company and was a portfolio manager. Burtnik holds the Chartered Financial Analyst designation
    Jason Kotik
    Start Date: 10/28/2008
    Kotik is an investment manager on the U.S. equity team. He joined Aberdeen in 2007 from Nationwide Fund Advisors, the Fund's previous advisor, where since November 2000 he was an Assistant Portfolio Manager and Senior Equity Research Analyst. Previously, he was a financial analyst with Allied Investment Advisors. Prior to that, he was a trading systems administrator with T. Rowe Price Associates. Kotik holds the Chartered Financial Analyst designation.
    Stuart Quint
    Start Date: 02/28/2009
    Quint is an investment manager on the U.S. equity team. He joined Aberdeen in 2007 from Nationwide Fund Advisors, the Fund’s previous advisor, where since September 2003 he was a Senior Equity Analyst. Previously, he managed investments in North America and Emerging Markets for a joint venture between Friends Ivory Sime and LF Wasa, a Swedish insurance company. Prior to that, he worked in Emerging Markets investments at Montgomery Asset Management. Quint holds the Charted Financial Analyst designation.
    Chris Baggini
    Start Date: 06/29/2004
    Baggini is a senior investment manager on the U.S. equity team. He joined Aberdeen in 2007 following the acquisition of Nationwide Financial Services’ equity investment management team, where he had served as a senior portfolio manager since 2000. Baggini previously managed institutional portfolios and two mutual funds at Allied Investment Advisors. Prior to that, he managed equity investments with First Metropolitan. Baggini holds the Charted Financial Analyst designation.
    Robert W. Mattson
    Start Date: 02/28/2009
    Mattson is an investment manager on the U.S. equity team. He joined Aberdeen in 2007 following the acquisition of Nationwide Financial Services’ equity investment management team, where he had served as an equity research analyst since December 2003. He previously worked for Janney Montgomery Scott, where he was a senior equity research analyst covering the software space.
    Ralph Bassett
    Start Date: 02/28/2009
    Bassett is an assistant investment manager on the U.S. equity team. Bassett joined Aberdeen in March 2006 from Navigant Consulting, where he worked as a consultant from 2005 to 2006. Previously, he held internships at JP Morgan Chase and Siemens AG.
    Francis Radano, III
    Start Date: 02/28/2009
    Radano is an investment manager on the U.S. equity team. He joined Aberdeen as a Senior Investment Manager in October 2007. Prior to that, he was a senior equity analyst employed by NFA since November 1999. Radano holds the Charted Financial Analyst designation.
    Paul Atkinson
    Start Date: 02/28/2009
    Atkinson is a senior investment manager on the U.S. equity team. He joined Aberdeen in 1998 from UBS Ltd. where he was a director in its equity derivatives business. Previously, he worked for Prudential-Bache Ltd in a similar role.
    Michael J. Manzo
    Start Date: 02/28/2009
    Manzo is an investment manager on the U.S. equity team. He joined Aberdeen in 2007 from Nationwide Fund Advisors, the Fund's previous advisor, where since September 2005 he provided fundamental research coverage to the value team. Previously, he was an analyst covering the machinery multi-industry/electrical equipment sectors at JP Morgan Chase and Company. Prior to that, he was an equity analyst intern at Lepercq, DeNeuflize & Company. Manzo holds the Chartered Financial Analyst designation.