1 / 5 Stars
1 1 5 1 4
Zacks Investment Research
Standard & Poor's
2 / 5 Stars
#53 in Aggressive Allocation
U.S. News evaluated 115 Aggressive Allocation Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 14.58 percent over the past year, 7.31 percent over the past three years, 10.36 percent over the past five years, and 3.92 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||4.6%|
|3 Years (Annualized)||7.3%|
|5 Years (Annualized)||10.4%|
|10 Years (Annualized)||3.9%|
The investment seeks capital appreciation over the long term with low volatility and low correlation to the equity markets. The fund pursues its investment objective by investing in multiple "alternative" investment strategies. It may implement these strategies through direct investments in equity, fixed income and options securities, futures contracts, swaps, real estate investment trusts ("REITs"), master limited partnerships ("MLPs"), exchange-traded notes ("ETNs"), exchange-traded funds ("ETFs") or other investment companies. The fund is non-diversified.
Fees are Low compared to funds in the same category.
Generation Wave Growth Fund has an expense ratio of 1.75 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.