2 / 5 Stars
4 4 2 3 2
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
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 21.70 percent over the past year, 9.62 percent over the past three years, 13.38 percent over the past five years, and 8.14 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||3.4%|
|3 Years (Annualized)||9.6%|
|5 Years (Annualized)||13.4%|
|10 Years (Annualized)||8.1%|
The investment seeks to provide growth of capital. The fund invests, primarily, in Waddell & Reed Advisors equity mutual funds that have a long-term growth orientation. It also invests, to a lesser extent, in Waddell & Reed Advisors bond and income-producing mutual funds. Each underlying fund, in turn, invests in a diversified portfolio of securities. The fund has established target ranges for the allocation of the fund's assets. The range of fund net assets invested in equity funds will be from 65% to 100%; correspondingly, the range of fund net assets invested in bond and income-producing funds will be from 35% to 0%.
Fees are Low compared to funds in the same category.
InvestEd Growth Portfolio has an expense ratio of 0.25 percent.
Risk is Average compared to funds in the same category according to Morningstar.