2 / 5 Stars
2 1 4 2 5
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 28 Financial 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 16.90 percent over the past year, 8.27 percent over the past three years, 14.17 percent over the past five years, and 2.94 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||0.6%|
|3 Years (Annualized)||8.3%|
|5 Years (Annualized)||14.2%|
|10 Years (Annualized)||2.9%|
The investment seeks capital appreciation, which may occasionally be short term; income is a secondary consideration. The fund invests at least 80% of its net assets in securities of financial services companies that the investment manager believes are available at market prices less than their value based on certain recognized or objective criteria (intrinsic value). It also invests in merger arbitrage securities and the debt and equity of distressed companies. The fund may invest in foreign securities without limit.
Fees are High compared to funds in the same category.
Mutual Financial Services Fund has an expense ratio of 2.24 percent.
Risk is Low compared to funds in the same category according to Morningstar.