North Star Opportunity Fund

Class Inst (NSOIX)

U.S. News evaluated 120 Aggressive Allocation Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 21.86 percent over the past year.

Trailing Returns Updated 02.28.2014
Year to date -1.3%
1 Year 21.9%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks long-term capital appreciation. The fund expects to invest approximately 80 - 100% of its net assets in net long positions in securities that it deems to be underpriced. Target position sizes will range from 1% to 3% of the fund's net assets, for individual stocks and up to 25% for macroeconomic themes. The fund may invest in fixed income securities that are investment grade as well as those that are below investment grade. It may also devote a substantial amount of its capital to cash, cash equivalents or short-term obligations of the U.S. government, its agencies and instrumentalities.

Fees

Fees are Above Average compared to funds in the same category.
North Star Opportunity Fund has an expense ratio of 1.49 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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