1 / 5 Stars
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Zacks Investment Research
Standard & Poor's
2 / 5 Stars
#8 in Long/Short Equity
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 3.97 percent over the past year, and -4.40 percent over the past three years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-4.5%|
|3 Years (Annualized)||-4.4%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks to provide long-term growth of capital; a secondary objective of the fund is to limit risk during unfavorable market conditions. The fund's adviser seeks to achieve its investment objectives by investing primarily in (1) exchanged traded funds ("ETFs"), (2) derivative instruments, (3) fixed-income securities, (4) common stock, (5) cash equivalents (each issued by or primarily linked to "developed market" issuers outside the U.S.), (6) other fixed-income securities and (7) cash equivalents (of U.S. issuers). It is non-diversified.
Fees are Average compared to funds in the same category.
Toews Hedged International Developed Markets Fund has an expense ratio of 1.25 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.