361 Global Long/Short Equity Fund

Data updated: 2023-01-17

C000148871 — 361 Global Long/Short Equity Fund. Europe Multi-Cap / All-Cap Blend / Core Equity · $612.50M AUM. Holdings, fees, performance and SEC filings.

C000148871 Fund Overview

361 Global Long/Short Equity Fund is a US mutual fund managed by Investment Managers Series Trust, categorised as Europe Multi-Cap / All-Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

Type: US mutual fund
Manager: Investment Managers Series Trust
Category: Europe Multi-Cap / All-Cap Blend / Core Equity
Assets under management: $612.50M
1-year return: -6.0%
SEC CIK: 0001318342
SEC series ID: S000047418
Share class ID: C000148871

C000148871 Investment Objective and Strategy

361 Global Long/Short Equity Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Investment Managers Series Trust.

Investment objective

"The investment objective of the 361 Global Long/Short Equity Fund (the ""Fund"") is to seek to achieve long-term capital appreciation. The Fund also seeks to preserve capital in down markets."

Principal investment strategy

"In pursuing its investment objectives, the Fund seeks to invest at least 80% of the value of its net assets (which include borrowings for investment purposes) in equity securities such as common stocks, warrants and rights. The Fund employs a strategy of taking long and short positions in equity securities publicly traded in the U.S. and in foreign developed markets. The Fund buys securities ""long"" that Analytic Investors, LLC (the ""Sub-Advisor""), the Fund's sub-advisor, believes will outperform the equity market, and sells securities ""short"" that the Sub-Advisor believes will underperform the equity market. The Fund's long-short exposure will vary over time based on the Sub-Advisor's assessments of market conditions and other factors. The Fund may invest in equity securities of U.S.

and foreign issuers in all market capitalization ranges without limitation. The Sub-Advisor anticipates that, in general, the portfolio of the Fund will not be more than 100% long or short on a net basis. The Fund's investment strategy involves active and frequent trading. The Fund's strategy seeks to provide favorable performance while seeking to reduce certain risks relative to a portfolio comprised of only long positions in the same or substantially similar securities, but there can be no guarantee that its strategy will be successful in this regard. The Fund may also invest from time to time in futures, swaps and options contracts on securities, and securities indices. The Fund may also enter into options on futures contracts. The Fund may purchase or write options in combination with each other (i.e., simultaneously writing call options and purchasing put options) to adjust the risk and return of its overall investment positions.

The Fund may employ the types of derivatives referenced above in order to obtain short or long exposures to securities. The Fund will not count its derivatives positions for purposes of determining whether it holds at least 80% of the value of its net assets (including investment-related borrowings) in equity securities. Under normal market conditions, the Fund will invest in at least three different countries, with at least 40% of its net assets invested in securities of issuers located outside the United States. The Fund's investments in foreign securities may include investments through American, European and Global Depository Receipts (""ADRs"", ""EDRs"" and ""GDRs"", respectively). The Advisor considers foreign securities to include (i) securities of issuers that are organized under the laws of a foreign country; (ii) securities that are traded principally in a foreign country; or (iii) securities of issuers that, during the issuer's most recent fiscal year, derived at least 50% of their revenues or profits from goods produced or sold, investments made, or services performed outside of the United States or that have at least 50% of their assets in countries outside of the United States.

The Fund considers a developed market to include countries included in the Morgan Stanley Capital International developed market indices or other comparable indices. The Fund is ""non-diversified"" under the 1940 Act, which means that it may invest more of its assets in fewer issuers than ""diversified"" mutual funds."

C000148871 Performance

Total returns for C000148871 (as of 2026-10-01), from SEC filings.

Period	Total return
1 year	-6.0%
3 years (annualised)	1.3%

C000148871 Risk Information

Risk metrics for C000148871, derived from monthly returns in SEC filings.

1-year volatility (annualised): 14.4%

C000148871 Costs and Fees

C000148871 costs about $239 per $10,000 invested per year in fund expenses.

Net expense ratio: 2.39%
Gross expense ratio: 2.41%
Portfolio turnover: 437%
Brokerage commissions: 33.49 bps of average net assets (SEC N-CEN)

C000148871 Cashflows

Over the 12 months to 2022-10, 361 Global Long/Short Equity Fund had net inflows of $345.71M, from monthly SEC N-PORT filings.

Month	Net flow
2022-10	$27.67M
2022-09	$21.91M
2022-08	$43.61M
2022-07	$22.15M
2022-06	$33.86M
2022-05	$24.92M

C000148871 Debt Constituents

No individual debt constituents are reported in 361 Global Long/Short Equity Fund's latest SEC N-PORT filing.

C000148871 Prospectus and SEC Filings

Official 361 Global Long/Short Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Europe Multi-Cap / All-Cap Blend / Core Equity funds tracked on ABC INVEST:

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.