Wells Fargo Advantage Index Asset Allocation Fund

Scorecard
4 / 5 Stars
Lipper
4 4 3 3 5
Zacks Investment Research
3 (Hold)
Standard & Poor's
4 / 5 Stars
TheStreet.com
B- (Buy)

U.S. News evaluated 123 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 13.84 percent over the past year, 11.60 percent over the past three years, 4.44 percent over the past five years, and 6.32 percent over the past decade.

Trailing Returns Updated 04.30.2013
Year to date 10.5%
1 Year 13.8%
3 Years (Annualized) 11.6%
5 Years (Annualized) 4.4%
10 Years (Annualized) 6.3%

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Summary

The investment seeks long-term total return, consisting of capital appreciation and current income. The fund invests at least 80% of the fund's net assets in equity and fixed income securities designed to replicate the holdings and weightings of the securities comprising the S&P 500 Index and Barclays 20+ Treasury Index. Its "neutral" target allocation is 60% of the fund's total assets in equity securities and 40% of the fund's total assets in fixed income securities. The percentage of fund assets that it invests in different asset classes may temporarily deviate from the fund's target allocations due to changes in market values.

Fees

Fees are Low compared to funds in the same category.
Wells Fargo Advantage Index Asset Allocation Fund has an expense ratio of 1.90 percent.

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Risk

Risk is Below Average compared to funds in the same category according to Morningstar.

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