Ironclad Managed Risk Fund

Class Other (IRONX)

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.

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Performance

The fund has returned 10.61 percent over the past year, and 8.19 percent over the past three years.

Trailing Returns Updated 06.30.2014
Year to date 4.0%
1 Year 10.6%
3 Years (Annualized) 8.2%
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks current income and gains. Under normal circumstances, the fund's primary strategy consists of purchasing and selling put and call options on equity indexes and exchange traded funds ("ETFs"). The sale of put options generates income for the fund, but exposes it to the risk of declines in the value of the underlying assets. The fund's investment advisor seeks to reduce the overall volatility of returns of the fund by managing a portfolio of options.

Fees

Fees are Above Average compared to funds in the same category.
Ironclad Managed Risk Fund has an expense ratio of 1.25 percent.

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Risk

Risk is Low compared to funds in the same category according to Morningstar.

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