Investment Strategy
| The Symphony Optimized Alpha strategy seeks to produce returns in a variety of market conditions without the risks associated with shorting stock. The construction process seeks to reduce absolute risk by combining stocks with certain characteristics such as low correlation while utilizing risk controls such as industry weight. |
Who should invest
For investors who are seeking:
| - Long-term capital appreciation potential with lower absolute volatility than the broad equity market
- Exposure to securities of companies with varying market capitalizations
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Fund Basics: Shares
Select Share Class:
A | C | I†
| Fund Symbol | NOPAX |
| Fund Cusip | 67065W118 |
| Inception Date | 9/28/2007 |
| Latest NAV as of 11/19/2009 | $16.11 |
| Fund Symbol | |
| Fund Cusip | |
| Inception Date | |
| Latest NAV as of | |
| Fund Symbol | NOPCX |
| Fund Cusip | 67065W134 |
| Inception Date | 9/28/2007 |
| Latest NAV as of 11/19/2009 | $15.89 |
| Fund Symbol | |
| Fund Cusip | |
| Inception Date | |
| Latest NAV as of | |
| Fund Symbol | NOPRX |
| Fund Cusip | 67065W142 |
| Inception Date | 9/28/2007 |
| Latest NAV as of 11/19/2009 | $16.13 |
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A Word On Risk
| An investment in the Fund is subject to market risk or the risk that stocks in the portfolio will decline in response to such factors as adverse company news or industry developments or a general economic decline. In addition, small- and mid-cap stocks are subject to greater volatility and price fluctuations. As with any mutual fund, possible loss of principal is a risk of investing. |
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Portfolio Manager
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| David Wang - Director of Equity Securities at Symphony. David's responsibilities also include design, research and implementation of Symphony's long-only equity strategies. David joined Symphony in 1994 from BARRA, Inc., where he was a member of the Active Strategies Group. At BARRA, he was responsible for investment strategy research, portfolio construction and rebalancing of several domestic and global equity funds. David received his MBA from the University of Illinois at Urbana-Champaign and holds a BS degree in Chemical Engineering from Tamkang University in Taipei. | |
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† Effective March 31, 2008, Class B shares are no longer available for this Fund. Effective May 1, 2008, Class R shares were renamed Class I shares.
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