4 / 5 Stars
5 5 5 1 1
Zacks Investment Research
Standard & Poor's
U.S. News evaluated 326 Large Value 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 21.59 percent over the past year, and 14.49 percent over the past three years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||-3.6%|
|3 Years (Annualized)||14.5%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks long-term capital appreciation. Under normal conditions, the fund invests at least 80% of its net assets (plus borrowings for investment purposes) in U.S. equity securities of large market capitalization companies and instruments that provide exposure to such securities, including common, preferred and convertible stock, warrants and American Depositary Receipts ("ADRs"). The Adviser considers large market capitalization companies to be those with market capitalizations in the range of the Standard & Poor's 500 Index at the time of purchase.
Fees are Low compared to funds in the same category.
Carne Hedged Equity Fund has an expense ratio of 2.17 percent.
Risk is Average compared to funds in the same category according to Morningstar.