3 / 5 Stars
2 2 5 4 5
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
U.S. News evaluated 109 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 4.13 percent over the past year, 4.33 percent over the past three years, and 6.42 percent over the past five years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-1.2%|
|3 Years (Annualized)||4.3%|
|5 Years (Annualized)||6.4%|
|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 seeks to achieve its investment objective by investing in no-load and load waived mutual funds as well as exchange-traded funds ("ETFs") ("underlying funds"). Some underlying funds primarily invest in particular types of securities (e.g., equity or fixed income securities of various credit qualities, including high-yield securities or "junk bonds"), and others invest in a variety of securities. Core underlying funds may also invest in fixed income securities.
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 Average compared to funds in the same category according to Morningstar.