Mutual Fund Insights: Highbridge Statistical Mkt Neutral C Fund (HSKCX)

In-depth Analysis of Highbridge Statistical Mkt Neutral C Fund (HSKCX)

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See Highbridge Statistical Mkt Neutral C Fund (HSKCX) performance details as of January 31, 2010

  

Last Trade: $15.67 on 3/19/2010, Change: -0.02 (-0.13%)

  

Fund Manager - Evan Dick

Fund Manager Tenure: 4.3 years   [Similar Funds: HSKAX  HSKSX ]
Fundmojo Fund Grade: C (Score: 0.59)     (What does this score mean?)

Dick is a managing director of HCM and senior portfolio manager for Statistical Arbitrage. He joined HCM in January 2002. Dick began his career at G.E. Astro-Space building a dynamic simulator to test flight software and ground station hardware for satellites pre-launch. He also worked briefly at IBM on their OS/2 operating system. He previously was a senior vice president at D. E. Shaw Investments from July 1993 to June 2000.  Get more insights on Evan Dick

  

 What we like about Highbridge Statistical Mkt Neutral C Fund (HSKCX)

Data for Highbridge Statistical Mkt Neutral C Fund (HSKCX) as of January 31, 2010

• Highbridge Statistical Mkt Neutral C Fund (HSKCX) management has been with Highbridge Statistical Mkt Neutral C Fund for 4.3 years
• Highbridge Statistical Mkt Neutral C Fund (HSKCX) has good mid-term performance (3-year return 0.64% vs -2.05% Long-Short category average)
• Highbridge Statistical Mkt Neutral C Fund (HSKCX) has a Morningstar rating of 4 and above
• Highbridge Statistical Mkt Neutral C Fund (HSKCX) is less volatile than its peers as it has a 3-year Standard Deviation of 4.25, lower than category average of 10.49

  

 What we are cautious about Highbridge Statistical Mkt Neutral C Fund (HSKCX)

Data for Highbridge Statistical Mkt Neutral C Fund (HSKCX) as of January 31, 2010

• Highbridge Statistical Mkt Neutral C Fund (HSKCX) has a less-than-ideal short-term performance (1-year return -5.82% vs 11.69% Long-Short category average)
• Highbridge Statistical Mkt Neutral C Fund (HSKCX) ratio of up-years vs down years can be improved
• Highbridge Statistical Mkt Neutral C Fund (HSKCX) is less safe compared to its Long-Short peers
• Highbridge Statistical Mkt Neutral C Fund (HSKCX) has an annual stock turnover rate of 638.00% that is higher than the Long-Short average of 349.35%. This could mean Highbridge Statistical Mkt Neutral C is more nimble, but also signal potential high tax impact and high trading fees
• Highbridge Statistical Mkt Neutral C Fund (HSKCX) does not have a good risk adjusted return as its 3-year Alpha of -5.6 is worse than category average of 0.54, and its 3-year Sharpe ratio is -0.29
• Highbridge Statistical Mkt Neutral C Fund (HSKCX) has a higher management fee of 2.47% than its Long-Short average of 2.07%
• Highbridge Statistical Mkt Neutral C Fund (HSKCX) carries a 1% load

See Highbridge Statistical Mkt Neutral C Fund (HSKCX) performance details as of January 31, 2010

  

  

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Highbridge Statistical Mkt Neutral C Fund (HSKCX) Net Asset

Track net asset change of Highbridge Statistical Mkt Neutral C fund (HSKCX)

Date	Net Asset
01/2010	$269.47M
11/2009	$290.81M
10/2009	$299.52M

More historic net asset information on Highbridge Statistical Mkt Neutral C Fund (HSKCX)

  

Highbridge Statistical Mkt Neutral C Fund (HSKCX) Portfolio Allocation

Track portfolio allocation change of Highbridge Statistical Mkt Neutral C fund (HSKCX)

Date	Cash	Stock	Bond	Other
10/2009	56.23%	43.78%	0%	0%
09/2009	51.09%	48.91%	0%	0%
08/2009	51.25%	48.75%	0%	0%

Click here to see more historic asset allocation information on Highbridge Statistical Mkt Neutral C Fund (HSKCX)

  

Most Recent Top 10 Holdings in Highbridge Statistical Mkt Neutral C Fund (HSKCX)

Discover what Highbridge Statistical Mkt Neutral C Fund (HSKCX) manager is buying

31-Oct-09 JPMorgan Prime Money Market Inst [21.69%] ESTEE LAUDER COS INC [0.84%] Intuit Inc. [0.8%] Oracle Corporation [0.79%] Amazon.com, Inc. [0.79%] US BANCORP [0.79%] NEWMONT MIN CP (HLDG [0.78%] Express Scripts, Inc. [0.77%] EXXON MOBIL CP [0.77%] LOWES COMPANIES [0.77%]

30-Sep-09 JPMorgan Prime Money Market Inst [8.52%] BOEING CO [0.88%] Liberty Media Corporation [0.83%] PHILIP MORRIS INTL [0.8%] LOCKHEED MARTIN CP [0.79%] DIAMOND OFFSHORE DRL [0.77%] Intuit Inc. [0.77%] First Solar, Inc. [0.77%] NEWMONT MIN CP (HLDG [0.77%] DOW CHEMICAL [0.76%]

31-Aug-09 JPMorgan Prime Money Market Inst [7.54%] CVS CAREMARK CP [0.82%] BOEING CO [0.82%] MERCK CO INC [0.79%] MONSANTO COMPANY [0.79%] ALTRIA GROUP INC [0.78%] SUNOCO INC [0.78%] KROGER CO [0.77%] EXXON MOBIL CP [0.77%] WALGREEN CO [0.77%]

Click here for Stock Holding Change Map in Highbridge Statistical Mkt Neutral C Fund (HSKCX)

  

Related books and products to Highbridge Statistical Mkt Neutral C Fund (HSKCX)

  

Latest News on Highbridge Statistical Mkt Neutral C (HSKCX)

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See more information on Highbridge Statistical Mkt Neutral C Fund (HSKCX)

• Highbridge Statistical Mkt Neutral C Fund Insights
• Highbridge Statistical Mkt Neutral C Fund Performance Data
• Highbridge Statistical Mkt Neutral C Fund News
• Highbridge Statistical Mkt Neutral C Fund Score Explaination
• Highbridge Statistical Mkt Neutral C Fund Manager Information
• Historic Highbridge Statistical Mkt Neutral C Fund Asset Allocation Report
• Historic Highbridge Statistical Mkt Neutral C Fund Top 10 Holding Tracking
• Historic Highbridge Statistical Mkt Neutral C Fund Asset Under Management Tracking