3 / 5 Stars
4 4 5 5 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 9.11 percent over the past year, 6.37 percent over the past three years, 9.19 percent over the past five years, and 5.27 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-2.3%|
|3 Years (Annualized)||6.4%|
|5 Years (Annualized)||9.2%|
|10 Years (Annualized)||5.3%|
The investment seeks long-term capital appreciation over market cycles with lower volatility than the broad equity market. The fund invests at least 80% of net assets in equity securities issued by U.S. companies; typically, the actual percentage will be higher. It 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. For temporary defensive purposes during unusual economic or market conditions or for liquidity purposes, the fund may invest up to 100% of its assets in cash, money market instruments, repurchase agreements and other short-term obligations.
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.