The Virtus KAR Long/Short Equity Fund Class C (VLSCX) is a mutual fund that aims to provide investors with a balanced approach to long and short equity investments. This fund is managed by Virtus Investment Partners and utilizes the expertise of KAR Capital Management to identify potential long and short opportunities in the market. With a focus on risk management and capital preservation, this fund seeks to generate returns through a combination of long-term growth and short-term market fluctuations. The Class C shares of this fund have a lower expense ratio and are suitable for investors looking for a more cost-effective option.