2 / 5 Stars
2 2 5 1 3
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 9.44 percent over the past year, and 4.66 percent over the past three years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||2.1%|
|3 Years (Annualized)||4.7%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
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 a portfolio of one or more affiliated investment companies. 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.
Fees are High compared to funds in the same category.
Hatteras Long / Short Equity Fund has an expense ratio of 2.99 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.