AdvisorOne Enhanced Income Fund

Class N (CLEIX)
Scorecard
3 / 5 Stars
Lipper
5 4 5 4 1
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
---
TheStreet.com
C- (Hold)

U.S. News evaluated 88 Long/Short Equity 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 5.22 percent over the past year, and 4.42 percent over the past three years.

Trailing Returns Updated 04.30.2013
Year to date 2.8%
1 Year 5.2%
3 Years (Annualized) 4.4%
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks total return, consisting of capital growth and income. The fund invests primarily in exchange traded funds ("ETFs"), other open-end mutual funds, and closed-end funds. It invests in a diversified portfolio of underlying funds. The fund invests primarily in equity underlying funds based on U.S. companies, indices and sectors, but may invest in underlying funds linked to foreign indexes; as well as underlying funds linked to fixed income indexes. As a hedging technique, it invests in ETFs that are inverse to the market (the value of the ETF goes up when the market or a certain sector goes down).

Fees

Fees are Above Average compared to funds in the same category.
AdvisorOne Enhanced Income Fund has an expense ratio of 1.05 percent.

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Risk

Risk is Average compared to funds in the same category according to Morningstar.

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