The Waycross Long/Short Equity Fund (WAYEX)
Actively Managed Longs & Shorts
Key Factor Analysis
Our process is based upon fundamental analysis that identifies and continually focuses on the top three most critical drivers (Key Factors) for a specific company’s earnings.
As a fund focused on long-term capital appreciation with a secondary emphasis on capital preservation, downside protection is an important part of our investment process.
Waycross’s partners have worked together for more than 20 years, with nearly 15 years of expertise in shorting stocks. The investment team is made up of 5 CFA charterholders.
In 2005, Waycross Partners LLC was founded on one simple idea:
Opportunities for active management are more abundant when an investor is able to take either side of an equity investment and is not constrained to only purchases on the long side.
The Waycross Long/Short Equity Fund (WAYEX) is managed using the same investment process as the original long/short hedge fund strategy that Waycross Partners was founded on more than 15 years ago. In 2015, we began offering the long/short hedge fund strategy in a more accessible, transparent ’40 Act mutual fund to better serve our clients, all the while maintaining our boutique heritage in long/short investing.
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.
Our flagship strategy was launched in 2005. The investment objective is to produce risk adjusted returns with lower volatility than the overall equity markets. Our investment process leads us to seek out both long and short opportunities. The Strategy typically targets gross long exposure between 90 – 100% and gross short exposure between 40 – 60%. Net market exposure typically ranges from 40% – 60%.
Inception Date: April 29, 2015
Advisor: Waycross Partners, LLC
Minimum Investment: $5,000
Primary Benchmark: S&P 500
Turnover: 63% (as of February 28, 2021)
Before you invest in the Waycross Family of Funds, 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 Waycross Family of Funds 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 Waycross Long/Short Equity 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 Family of Funds is distributed by Ultimus Fund Distributors, LLC.
Mutual fund investing involves risk. Principal loss is possible.