The Virtus KAR Long/Short Equity Fund Class A (VLSAX) is a mutual fund that aims to provide investors with long-term capital appreciation by investing in a combination of long and short equity positions. This fund is managed by Virtus Investment Partners and utilizes a long/short equity strategy, which involves buying stocks that are expected to increase in value and shorting stocks that are expected to decrease in value. This approach allows the fund to potentially profit in both rising and falling markets. The fund primarily invests in large-cap companies in the US and may also invest in foreign securities. With a focus on risk management and a seasoned team of investment professionals, the Virtus KAR Long/Short Equity Fund Class A offers investors a diversified and actively managed portfolio to potentially achieve their investment goals.