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CurrencyCode | USD |
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Exchange | NYSE ARCA |
Beta | None |
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Market Cap | None |
PE Ratio | None |
Target Price | None |
To pursue the fund's investment objective, the adviser employs a long/short event-driven strategy, which seeks to profit by investing, long and/or short, in the equity and debt securities of companies whose prices Water Island Capital, LLC (the adviser) believes are or will be impacted by a publicly announced or anticipated corporate event. The adviser will hold a higher percentage of the fund's assets in long positions. The fund is non-diversified.
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