1 / 5 Stars
1 1 1 2 5
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
U.S. News evaluated 34 Commodities Broad Basket 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 -8.92 percent over the past year, -12.96 percent over the past three years, and -10.13 percent over the past five years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-2.5%|
|3 Years (Annualized)||-13.0%|
|5 Years (Annualized)||-10.1%|
|10 Years (Annualized)||N/A|
The investment seeks investment results, before fees and expenses, that track the performance of the Auspice Broad Commodity Index. The fund is managed to track the performance of the index, which seeks to reflect trends (in either direction) in the commodity futures markets. It will invest up to 25% of its total assets in a wholly owned and controlled subsidiary. The fund, directly and/or indirectly through the Subsidiary, primarily invests in a combination of commodity futures, commodity-linked notes and swap contracts. The Auspice Broad Commodity Index aims to capture trends in the commodity markets. The fund is non-diversified.
Fees are Below Average compared to funds in the same category.
Direxion Indexed Commodity Strategy Fund has an expense ratio of 1.01 percent.
Risk is Low compared to funds in the same category according to Morningstar.