All three of these strategies generate returns by investing both long and short, generally in equal amounts, and maintain low levels of net exposure to individual markets. (mutualfundobserver.com)
There will be a natural window around that baseline net exposure whereby we believe the goals and objectives can be achieved. (foolwealth.com)
As a result, we have been trading around a modest positive net exposure, increasing it slightly on market weakness, and clipping it on strength, as is our discipline. (hussmanfunds.com)