3 / 5 Stars
5 5 4 3 4
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
U.S. News evaluated 98 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 11.55 percent over the past year, and 4.97 percent over the past three years.
|Trailing Returns||Updated 10.31.2013|
|Year to date||12.2%|
|3 Years (Annualized)||5.0%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks to produce above-average, risk-adjusted returns, in any market environment, while exhibiting less downside volatility than the S&P 500 Index. The fund invests primarily in a diversified portfolio of ETFs and instruments providing exposure to U.S. and non-U.S. equity securities. It may also invest in equity securities of U.S. and non-U.S. issuers in all market capitalization ranges, including small capitalization stocks, without limitation. The fund may hold a substantial portion of its assets in cash and cash equivalents and/or fixed income securities of U.S. and non-U.S. issuers that are investment grade quality and of any maturity.
Fees are Above Average compared to funds in the same category.
Forward Tactical Growth Fund has an expense ratio of 1.37 percent.
Risk is Average compared to funds in the same category according to Morningstar.