WBI Absolute Return Balanced Fund

U.S. News evaluated 201 Conservative 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 4.96 percent over the past year.

Trailing Returns Updated 04.30.2013
Year to date 1.6%
1 Year 5.0%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks current income and long-term capital appreciation. The fund will invest at least 25% (with a target of approximately 40% to 60%) of its net assets in the equity securities of domestic and foreign dividend-paying companies of any size market capitalization, and at least 25% (with a target of approximately 40% to 50%) of its net assets in domestic and foreign fixed income securities. It may invest without limitation in securities of foreign issuers, and may invest up to 50% of its net assets in the securities of issuers in emerging markets.

Fees

Fees are Above Average compared to funds in the same category.
WBI Absolute Return Balanced Fund has an expense ratio of 1.75 percent.

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Risk

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

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