1 / 5 Stars
1 1 1 1 4
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
U.S. News evaluated 32 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 -22.14 percent over the past year, and -10.95 percent over the past three years.
|Trailing Returns||Updated 10.31.2013|
|Year to date||-15.3%|
|3 Years (Annualized)||-11.0%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks long-term total return. The fund seeks to achieve its objective by investing in a diversified portfolio of commodity-linked derivatives. It gains exposure to commodity markets primarily by investing up to 25% of total assets in the HCM Commodities Strategy Fund Ltd., a wholly owned subsidiary of the fund. The fund also invests in fixed income securities. It generally only buys securities that have remaining maturities of 397 days or less. The dollar-weighted average maturity of the fund's fixed income investments will generally be 90 days or less. The fund is non-diversified.
Fees are Low compared to funds in the same category.
Highbridge Dynamic Commodities Strategy Fund has an expense ratio of 1.59 percent.
Risk is Average compared to funds in the same category according to Morningstar.