3 / 5 Stars
3 3 5 2 2
Zacks Investment Research
Standard & Poor's
U.S. News evaluated 107 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 15.76 percent over the past year, and 5.21 percent over the past three years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||1.2%|
|3 Years (Annualized)||5.2%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks long-term capital appreciation. The fund invests primarily in a portfolio of U.S. and foreign equity securities (common stocks, preferred stocks and convertible securities). It may invest a portion of its assets in securities issued by small capitalization companies. The fund may also invest a portion of its assets in equity securities not listed on an exchange. It can also invest in derivative instruments. The fund is non-diversified.
Fees are High compared to funds in the same category.
Alger Dynamic Opportunities Fund has an expense ratio of 2.75 percent.
Risk is Average compared to funds in the same category according to Morningstar.