In The News

December 23, 2015
TFS Market Neutral Update from the Portfolio Management Team

Please see the attached letter from the PM team regarding recent performance of the TFS Market Neutral Fund (TFSMX).

December 22, 2015
2015 Year-End Capital Gain Distributions

The TFS Funds posted their 2015 year-end capital gains distributions on December 22, 2015.

January 23, 2015
TFSMX 2014 Investor Letter From the Portfolio Management Team

January 8, 2015
TFS Quarterly Commentary and Fund Summary Sheets – December 31, 2014

November 10, 2014
TFS Distribution Amounts

On December 19th, the TFS Funds paid their respective capital gain distributions.  Please see the attached file for the exact amounts.

October 8, 2014
TFS Funds Quarterly Commentary and Fund Summary Sheets – September 30, 2014

October 1, 2014
TFSMX Special Distribution

The TFS Market Neutral Fund will have a special distribution and distribute a short term capital gain of $0.0655 per share on October 2nd. The Fund’s NAV will subsequently drop by this same amount.

July 10, 2014
TFS Funds Quarterly Commentary and Fund Summary Sheets

TFS Capital LLC

December 20, 2013
TFS Distributes Capital Gains

Capital gains for the TFS Funds were distributed on December 20, 2013. The distribution amount is reflected in the closing NAV price for each fund.


September 20, 2013
Finding Order in (Commodity) Chaos

Launched in December 2011, the fund’s managers focus on finding complementary positions to hedge away market risk.


January 10, 2013
Morningstar Alternatives Fund Manager of the Year

The team of managers from the TFS Market Neutral Fund were named Morningstar’s 2012 Alternatives Fund Manager of the Year.


June 21, 2012
Morningstar Unveils New Reports, Ratings

Only one alternative fund wins “best-of-breed” gold rating, TFS Market Neutral (TFSMX).

TFS Capital LLC

January 9, 2012
TFS Launches New Fund: TFS Hedged Futures (TFSHX)

TFSHX was launched on 12/29/2011 and has been seeded with money from employees of TFS Capital. The Fund was launched to directly compete with other managed futures funds.


January 4, 2012
James Glassman highlights the TFS Market Neutral Fund

James Glassman highlights the TFS Market Neutral Fund as being “among the most popular and successful” alternative funds.


October 1, 2011
Kevin Gates quoted in Financial Advisor Magizine

Portfolio Manager Kevin Gates is quoted describing the approach of the TFS Market Neutral Fund (TFSMX).


May 13, 2011
USA TODAY’s All-Stars: 20 top performers

USA TODAY picks TFS Small Cap (TFSSX) as one of their all-star fund picks in the small blend category.

TFS Capital LLC

April 6, 2011
TFSMX Receives 2011 Lipper Fund Award

TFSMX received the 2011 Lipper Fund award for its trailing three and five year return through December 31, 2010.


December 23, 2010
TFSMX will reopen to existing shareholders

TFSMX will reopen to all existing shareholders on Jan. 10, 2011. It is one of the best-performing funds in the market-neutral category over the last 1-, 3-, and 5-year periods.


June 4, 2010
Superfast Traders’ New Edge

More than a year after TFS first exposed the problem and months after sharing public comments with the SEC, the story blows up.


January 14, 2010
TFSMX – “hard close” on 1/22

After more than five years of solid performance, including a run in 2009 that saw assets more than double to nearly $1 billion, TFSMX will be implementing a “hard close” on 1/22.


December 17, 2009
TFSMX earns coveted five-star rating

Morningstar tracks 78 long/short funds, about a fifth of which were launched since the crisis began. Only three earn the coveted five-star rating, one being the TFS Market Neutral Fund (TFSMX).