Mutual Fund Insights: TFS Market Neutral Fund (TFSMX)

In-depth Analysis of TFS Market Neutral Fund (TFSMX)

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See TFS Market Neutral Fund (TFSMX) performance details as of February 28, 2010

  

Last Trade: $15.42 on 3/19/2010, Change: -0.12 (-0.77%)

  

Fund Manager - Eric S. Newman

Fund Manager Tenure: 4.6 years
Fundmojo Fund Grade: B (Score: 0.66)     (What does this score mean?)

Eric S. Newman is primarily responsible for strategy development. Eric S. Newman performs security analysis as well as assists with the execution of trades. Eric S. Newman has served in this capacity since February of 2003. Prior to that date Eric S. Newman served as an analyst for Capital One Financial Corporation, Eric S. Newman was employed by Capital One Financial Corporation from December 2000 through February 2003.  Get more insights on Eric S. Newman

  

 What we like about TFS Market Neutral Fund (TFSMX)

Data for TFS Market Neutral Fund (TFSMX) as of February 28, 2010

• TFS Market Neutral Fund (TFSMX) management has been with TFS Market Neutral Fund for 4.6 years
• TFS Market Neutral Fund (TFSMX) has good short-term performance (1-year return 18.98% vs 17.12 % Long-Short category average)
• TFS Market Neutral Fund (TFSMX) has good mid-term performance (3-year return 6.25% vs -1.74 % Long-Short category average)
• TFS Market Neutral Fund (TFSMX) has good Long-term performance (5-year return 9.50% vs 1.65 % Long-Short category average)
• TFS Market Neutral Fund (TFSMX) ratio of up-years vs down years is greater than 2
• TFS Market Neutral Fund (TFSMX) has a Morningstar rating of 4 and above
• TFS Market Neutral Fund (TFSMX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

 What we are cautious about TFS Market Neutral Fund (TFSMX)

Data for TFS Market Neutral Fund (TFSMX) as of February 28, 2010

• TFS Market Neutral Fund (TFSMX) is less safe compared to its Long-Short peers
• TFS Market Neutral Fund (TFSMX) has an annual stock turnover rate of 429.00% that is higher than the Long-Short average of 346.67%. This could mean TFS Market Neutral is more nimble, but also signal potential high tax impact and high trading fees
• TFS Market Neutral Fund (TFSMX) is more volatile than its peers as it has a 3-year Standard Deviation of 11.04 that is higher than category average of 10.54
• TFS Market Neutral Fund (TFSMX) has a higher management fee of 2.49% than its Long-Short average of 2.08%

See TFS Market Neutral Fund (TFSMX) performance details as of February 28, 2010

  

  

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TFS Market Neutral Fund (TFSMX) Net Asset

Track net asset change of TFS Market Neutral fund (TFSMX)

Date	Net Asset
02/2010	$1.05B
01/2010	$1.03B
11/2009	$894.12M

More historic net asset information on TFS Market Neutral Fund (TFSMX)

  

TFS Market Neutral Fund (TFSMX) Portfolio Allocation

Track portfolio allocation change of TFS Market Neutral fund (TFSMX)

Date	Cash	Stock	Bond	Other
10/2009	42.07%	53.84%	3.53%	0.55%
09/2009	41.83%	54.95%	2.61%	0.6%
05/2009	40.78%	56.2%	2.51%	0.52%

Click here to see more historic asset allocation information on TFS Market Neutral Fund (TFSMX)

  

Most Recent Top 10 Holdings in TFS Market Neutral Fund (TFSMX)

Discover what TFS Market Neutral Fund (TFSMX) manager is buying

31-Oct-09 DYNEGY INC CL A NEW [0.69%] Sirius XM Radio Inc. [0.64%] TENET HLTHCRE CP [0.56%] ON Semiconductor Corporation [0.56%] SUPERVALU INC [0.52%] Brocade Communications Systems, [0.5%] 3Com Corporation [0.47%] VERIFONE HLDGS INC [0.46%] Synopsys, Inc. [0.45%]

30-Sep-09 Sirius XM Radio Inc. [0.75%] HUNTSMAN CORPORATION [0.75%] ALLIANCE DATA SYS CP [0.64%] FANNIE MAE [0.52%] US AIRWAYS GROUP INC [0.51%] SOLUTIA INC NEW [0.48%] IMS HEALTH INC [0.48%] AMERICREDIT CP [0.47%] ASHLAND INC (NEW) [0.47%]

31-May-09 Umb Money Mkt Fiduciary [3.24%] KEY ENERGY SVCS INC [0.66%] CUBIC CP [0.51%] GENWORTH FINANCIAL [0.49%] TNS INC [0.45%] Warner Chilcott Limited [0.43%] Tessera Technologies, Inc. [0.42%] TeleTech Holdings, Inc. [0.41%] Chart Industries, Inc. [0.41%] HUNTSMAN CORPORATION [0.41%]

Click here for Stock Holding Change Map in TFS Market Neutral Fund (TFSMX)

  

Related books and products to TFS Market Neutral Fund (TFSMX)

  

Latest News on TFS Market Neutral (TFSMX)

See what is happening with TFS Market Neutral Fund (TFSMX)

Chuck Jaffe: Paying a price for a fund's success (at MarketWatch) Chuck Jaffe: Investors should pay a price for a fund's success (at MarketWatch) See more news on TFS Market Neutral Fund (TFSMX)

 

Books and Resources

 

 

See more information on TFS Market Neutral Fund (TFSMX)

• TFS Market Neutral Fund Insights
• TFS Market Neutral Fund Performance Data
• TFS Market Neutral Fund News
• TFS Market Neutral Fund Score Explaination
• TFS Market Neutral Fund Manager Information
• Historic TFS Market Neutral Fund Asset Allocation Report
• Historic TFS Market Neutral Fund Top 10 Holding Tracking
• Historic TFS Market Neutral Fund Asset Under Management Tracking