4 / 5 Stars
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Zacks Investment Research
Standard & Poor's
3 / 5 Stars
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 23.78 percent over the past year, 10.03 percent over the past three years, and 16.21 percent over the past five years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||2.8%|
|3 Years (Annualized)||10.0%|
|5 Years (Annualized)||16.2%|
|10 Years (Annualized)||N/A|
The investment seeks capital appreciation. The fund pursues its goal by investing at least 80% of its net assets (including borrowing, if any) in the common stocks of U.S. companies of any market capitalization that are in the financial services sector. It may invest in companies in the financial services sector of any size and the portion invested in small, medium or large companies is expected to vary over time based on the subadviser's view as to how to achieve the fund's objective. The fund is non-diversified.
Fees are High compared to funds in the same category.
Burnham Financial Long/Short Fund has an expense ratio of 2.45 percent.
Risk is High compared to funds in the same category according to Morningstar.