Hatteras Long / Short Equity Fund

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.

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Performance

The fund has returned 11.62 percent over the past year.

Trailing Returns Updated 02.28.2014
Year to date 2.2%
1 Year 11.6%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks to achieve consistent returns with moderate correlation to traditional U.S. equities market indices and lower volatility of monthly returns over a market cycle. The fund pursues its investment objective by investing primarily in an affiliated Long/Short Equity portfolio. It invests its assets in the underlying funds consistent with its objective of achieving returns consistent with the broad U.S. equities market with moderate correlation to traditional U.S. equities market indices and lower volatility of monthly returns over a market cycle. It may also invest in other non-affiliated investment companies primarily including ETFs.

Fees

Fees are High compared to funds in the same category.
Hatteras Long / Short Equity Fund has an expense ratio of 2.99 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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