4 / 5 Stars
4 4 5 1 3
Zacks Investment Research
Standard & Poor's
U.S. News evaluated 109 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 15.43 percent over the past year, and 6.72 percent over the past three years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-3.9%|
|3 Years (Annualized)||6.7%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks to generate long-term capital appreciation by investing in both long and short positions within a portfolio consisting of primarily publicly-traded common stock, with less risk than that of the stock market in general. The fund will employ a research-driven, bottom-up stock selection process on both the long and short side. It generally intends to take positions in equity securities, including common and preferred stocks and securities convertible into equity securities, and in other investment companies. The fund may also hold positions in foreign securities. It is non-diversified.
Fees are Above Average compared to funds in the same category.
LS Opportunity has an expense ratio of 2.35 percent.
Risk is Average compared to funds in the same category according to Morningstar.