3 / 5 Stars
4 4 5 5 3
Zacks Investment Research
Standard & Poor's
U.S. News evaluated 107 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 12.13 percent over the past year, 6.68 percent over the past three years, 11.55 percent over the past five years, and 5.42 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||0.8%|
|3 Years (Annualized)||6.7%|
|5 Years (Annualized)||11.5%|
|10 Years (Annualized)||5.4%|
The investment seeks long-term capital appreciation over market cycles with lower volatility than the broad equity market. To pursue its investment objective, the fund establishes long and short positions in equity securities issued by U.S. companies. Under normal circumstances it will invest at least 80% of its net assets in equity securities issued by U.S. companies; typically, the actual percentage will be higher. The fund typically purchases or sells short stocks of companies that have market capitalizations of $1 billion or more at the time the stock is purchased or sold short.
Fees are Above Average compared to funds in the same category.
Schwab Hedged Equity Fund has an expense ratio of 1.48 percent.
Risk is Average compared to funds in the same category according to Morningstar.