3 / 5 Stars
4 4 5 4 1
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
U.S. News evaluated 109 Long/Short Equity 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 4.15 percent over the past year, and 3.38 percent over the past three years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-1.7%|
|3 Years (Annualized)||3.4%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
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 are Average compared to funds in the same category.
AdvisorOne Enhanced Income Fund has an expense ratio of 1.05 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.