Altegris/AACA Real Estate Long Short Fund

U.S. News evaluated 121 Long/Short Equity Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

See all Altegris funds

See full Long/Short Equity rankings

See more fund rankings

Performance

The fund has returned 18.98 percent over the past year, and 15.13 percent over the past three years.

Trailing Returns Updated 06.30.2014
Year to date 16.7%
1 Year 19.0%
3 Years (Annualized) 15.1%
5 Years (Annualized) N/A
10 Years (Annualized) N/A

See more RAAAX performance

Summary

The investment seeks to provide total return. The fund invests at least 80% of its net assets (defined as net assets plus the amount of any borrowing for investment purposes) in both long and short positions in equity securities of "real estate" companies and "real estate related" companies (collectively "real estate companies"). It may invest in equity and equity derivative securities of both U.S. and non-U.S. real estate companies, as well as companies located in emerging markets and developing economies, and issuers of any capitalization and in any style (from growth to value). The fund is non-diversified.