The Waycross Long/Short Equity Fund (Ticker: WAYEX) seeks long-term capital appreciation with a secondary emphasis on capital preservation.
- Fundamental analysis using the Waycross Key Factor approach, which keeps us focused on only the most critical drivers to a company’s earnings.
- Combine bottom-up company research with a comprehensive examination of stock valuation and market sentiment.
- Invests in long and short equity positions from a universe of approximately 300 U.S. publicly traded companies with a market cap above $1 billion.
- Risk controls include liquidity requirements, periodic stress testing, and borrowing cost analysis.
- Sell discipline based on an analysis of Key Factors, valuation, and technical patterns.
Benjamin H. Thomas, CFA
- Managing Partner
- 21 Years Investment Experience
John W. Ferreby, CFA
- 29 Years Investment Experience
WAYEX Celebrates Five-Year Anniversary
The Waycross Long/Short Equity Fund (WAYEX) celebrated its five-year anniversary on April 29, 2020.
Managed by veteran former INVESCO portfolio managers Ben Thomas, CFA and John Ferreby, CFA, this liquid alternative fund is based on the same investment process as Waycross’s flagship long/short hedge fund strategy, on which the firm was founded in 2005.
Click below to read the full press release.
Alternatives Watch: Long/Short Equity Specialist Waycross Actively Hedges Amid Historic Volatility Swings
WAYEX Portfolio Manager Ben Thomas recently spoke with Susan Barreto of Alternatives Watch about how the Fund met its objective during the equity market decline.
Click to below to read the article.
*Inception Date is 04/29/2015
**Rank in Category is the fund’s total-return percentile rank relative to all funds that have the same Morningstar Category. The highest (or most favorable) percentile rank is 1 and the lowest (or least favorable) percentile rank is 100. The top-performing fund in a category will always receive a rank of 1.
As of the latest prospectus, the gross expense ratio is 2.65% and net expense ratio is 2.65%
Performance data quoted 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 less than the original cost. Current performance of the Fund may be lower or higher than the performance quoted. Performance data current to the most recent month end is available by calling 877-213-6570.
Waycross Partners, LLC (the “Adviser”) has contractually agreed, until June 30, 2021, to reduce Management Fees and reimburse Other Expenses to the extent necessary to limit Total Annual Fund Operating Expenses (exclusive of brokerage costs, taxes, interest, costs to organize the Fund, Acquired Fund fees and expenses, extraordinary expenses and other expenses not incurred in the ordinary course of the Fund’s business,) to an amount not exceeding 1.75% of the Fund’s average daily net assets.
Fund returns are annualized for periods longer than one year. The NAV does not take into account any sales charges that may apply when shares are purchased or redeemed; if sales charges were reflected, the Fund’s quoted performance would be lower.
Interested in Investing?
Prospective investors must first read through the Prospectus, which can be downloaded using the link to the right.
Before you invest in the Waycross Long/Short Equity Fund, please refer to the prospectus for important information about the investment company, including investment objectives, risks, charges and expenses. You may also obtain a hard copy of the prospectus by calling (866) 267-4304. The prospectus should be read carefully before you invest or send money.
The Fund is offered only to United States residents, and the information on this site is intended only for such persons. Nothing on this web site should be considered a solicitation to buy or an offer to sell shares of any fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.
The fund is actively managed and its investment holdings will vary. Overall equity market risks may affect the value of your investment. This fund is not suitable for all investors and there are special risks associated with Long/Short investing. There is risk that the fund’s long or short positions will not perform as expected. Losses on one type of position could more than offset gains on the other, or both long and short positions may suffer losses. A short position will lose value as the security’s price increases. Theoretically, the loss on a short sale can be unlimited.
The Waycross Long/Short Equity Fund is distributed by Ultimus Fund Distributors, LLC.
Mutual fund investing involves risk. Principal loss is possible.