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Easterly Funds announced that the Easterly Snow Long/Short Opportunity Fund (SNOIX) has achieved a four-star rating from Morningstar in the Long-Short Equity category, ranking 18th out of 199 funds as of December 31, 2021. The fund returned 26.18% over one year, outperforming the Russell 3000 Value Index. The fund, managed by Anne Wickland and Jessica Bemer, employs a contrarian value approach to mitigate volatility. Easterly Funds now manages approximately $1.3 billion in assets.