AdvisorOne Enhanced Income Fund

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

U.S. News evaluated 110 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 4.95 percent over the past year, and 3.24 percent over the past three years.

Trailing Returns Updated 03.31.2014
Year to date -0.1%
1 Year 4.9%
3 Years (Annualized) 3.2%
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 Below Average compared to funds in the same category according to Morningstar.

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