3 / 5 Stars
3 3 5 4 4
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
U.S. News evaluated 28 Bear Market 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 -1.35 percent over the past year, -1.36 percent over the past three years, and -0.60 percent over the past five years.
|Trailing Returns||Updated 10.31.2013|
|Year to date||-1.0%|
|3 Years (Annualized)||-1.4%|
|5 Years (Annualized)||-0.6%|
|10 Years (Annualized)||N/A|
The investment seeks positive total returns over the long-term regardless of market conditions in the U.S. and foreign equity markets. The fund anticipates most of the time it will maintain a flexible strategy ranging from defensive to exposure to global equity markets. It may hold domestic and/or foreign securities and other instruments that may include derivatives, money market instruments, common stocks and other equity-like securities, fixed-income securities, shares of other mutual funds and exchange-traded funds. The fund is non-diversified.
Fees are Low compared to funds in the same category.
Purisima All Purpose Fund has an expense ratio of 1.50 percent.
Risk is Low compared to funds in the same category according to Morningstar.