4 / 5 Stars
3 4 5 4 2
Zacks Investment Research
Standard & Poor's
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.
The fund has returned 8.15 percent over the past year, and 8.09 percent over the past three years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||-1.6%|
|3 Years (Annualized)||8.1%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks to provide absolute return while minimizing volatility over a full market cycle. The fund pursues its investment objective by taking long and short positions in equity securities. Its portfolio managers believe that a combination of long and short positions may provide positive returns through a complete market cycle and may offer reduced risk. The allocation between long and short positions is a result of the fundamental investment process. The fund is non-diversified.
Fees are Above Average compared to funds in the same category.
ASTON/River Road Long-Short Fund has an expense ratio of 1.70 percent.
Risk is Average compared to funds in the same category according to Morningstar.