3 / 5 Stars
5 5 5 5 3
Zacks Investment Research
Standard & Poor's
U.S. News evaluated 88 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 5.73 percent over the past year, 4.96 percent over the past three years, 1.50 percent over the past five years, and 4.41 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||4.4%|
|3 Years (Annualized)||5.0%|
|5 Years (Annualized)||1.5%|
|10 Years (Annualized)||4.4%|
The investment seeks to capture the majority of the returns associated with equity market investments, while exposing investors to less risk than other equity investments. The fund invests in a broadly diversified portfolio of common stocks, while also selling index call options and purchasing index put options. It also buys index put options, which can protect the fund from a significant market decline that may occur over a short period of time. The fund may invest in companies with small, medium or large market capitalizations.
Fees are Above Average compared to funds in the same category.
Gateway Fund has an expense ratio of 0.94 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.