3 / 5 Stars
3 3 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 8.56 percent over the past year, 3.09 percent over the past three years, 9.22 percent over the past five years, and 5.24 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-1.5%|
|3 Years (Annualized)||3.1%|
|5 Years (Annualized)||9.2%|
|10 Years (Annualized)||5.2%|
The investment seeks to provide long-term growth of capital. To achieve its investment objective, the fund's investment adviser invests in the securities of publicly traded companies involved in mergers, takeovers, tender offers, leveraged buyouts, spin-offs, liquidations, or similar events ("corporate reorganizations"). A variety of strategies can be employed to capitalize on the mispricing of corporate securities during corporate reorganizations, including transactions involving common and preferred stock, debt instruments and derivative securities.
Fees are Above Average compared to funds in the same category.
Quaker Event Arbitrage has an expense ratio of 1.96 percent.
Risk is Average compared to funds in the same category according to Morningstar.