3 / 5 Stars
4 4 5 4 4
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 12.73 percent over the past year, 8.87 percent over the past three years, 8.80 percent over the past five years, and 3.17 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-3.1%|
|3 Years (Annualized)||8.9%|
|5 Years (Annualized)||8.8%|
|10 Years (Annualized)||3.2%|
The investment seeks to obtain long-term capital appreciation from hedged equity investments with less risk than a fully invested, unhedged equity portfolio. The fund seeks to achieve the investment goal by investing the fund's assets in a combination of equity securities, high quality short-term debt securities and derivative instruments. It normally invests at least 80% of its assets in equity securities. The fund invests primarily in long and short positions in U.S. large cap stocks included in the Russell 1000® Index, although the fund may invest in small and mid-cap equity securities.
Fees are Average compared to funds in the same category.
Touchstone Dynamic Equity Fund has an expense ratio of 1.25 percent.
Risk is Average compared to funds in the same category according to Morningstar.