2 / 5 Stars
2 2 5 4 5
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 2.36 percent over the past year, 3.79 percent over the past three years, and 5.33 percent over the past five years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||-0.5%|
|3 Years (Annualized)||3.8%|
|5 Years (Annualized)||5.3%|
|10 Years (Annualized)||N/A|
The investment seeks long-term capital appreciation with less volatility than the broad equity market; capital preservation is a secondary consideration. The fund is a fund-of-funds and as such invests in no-load and load waived mutual funds, but primarily in ETFs ("underlying funds"). The underlying funds invest primarily in individual securities such as common stocks. The fund will have a substantial holding in Core Equity underlying funds, which generally invest in diversified portfolios of equity securities of well-established U.S. and foreign companies with a wide range of market capitalizations.
Fees are Above Average compared to funds in the same category.
FundX Tactical Upgrader Fund has an expense ratio of 1.38 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.