Provide equity-like returns through long-short investing within equity markets.
FS Long/Short Equity Fund is a mutual fund that seeks to generate equity-like returns through a combination of quantitative, factor-based information and fundamental, stock-specific information.
FS Fund Advisor, LLC
An affiliate of FS Investments
An investment in FS Long/Short Equity Fund (the "Fund") should be considered a speculative investment that entails substantial risks; you may lose part or all of your investment or your investment may not perform as well as other similar investments. An investment in the Fund should be viewed only as part of an overall investment program. No assurance can be given that the Fund's investment program will be successful. The following is a summary of the principal risks of investing in the Fund. Please refer to the Fund’s prospectus for additional information regarding all risks associated with the Fund. Some or all of these risks may adversely affect the Fund's NAV, yield, total return and ability to meet its investment objective.
Investing in the Fund involves risk, including the risk that a shareholder may receive little or no return on their investment or that a shareholder may lose part or all of their investment. The Fund may engage in leveraging and other speculative investment practices that may increase the risk of loss of investment, and accelerate the velocity of potential losses. In addition to the normal risks associated with investing, international and emerging markets may involve risk of capital loss from unfavorable fluctuations in currency values, differences in generally accepted accounting principles or from social, economic, or political instability in other nations. The Fund invests in derivatives, which are often more volatile than other investments and may magnify the Fund’s gains or losses. At times, the Fund may gain all equity or currency expose through the use of equity derivative instruments and currency derivative instruments, and may invest in such instruments without limitation, which may magnify the Fund’s gains or losses.
As with any fund, there is no guarantee that the Fund will achieve its investment objective.