| Scorecard |
|---|
|
---
|
|
Lipper
---
|
|
Zacks Investment Research
---
|
|
Standard & Poor's
---
|
|
TheStreet.com
---
|
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.
Performance
The fund has returned 3.94 percent over the past year.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 2.2% |
| 1 Year | 3.9% |
| 3 Years (Annualized) | N/A |
| 5 Years (Annualized) | N/A |
| 10 Years (Annualized) | N/A |
Summary
The investment seeks long-term capital appreciation with a high degree of downside protection and reduced volatility relative to the broad U.S. equity market. The fund invests primarily in in-the-money (ITM) options (buy-writes) on U.S. equities and writing out-of-the-money put options on U.S. equities. Buy-writes represent the combination of a long U.S. equity position and the sale of a call option against that equity position. The fund may invest in companies located both within or outside the United States. It is not limited in the percentage of assets it may invest in any one country, region or geographic area.
Fees
Fees are Above Average compared to funds in the same category.
John Hancock II Redwood Fund has an expense ratio of 1.16 percent.
Risk
Risk is N/A compared to funds in the same category according to Morningstar.
