2 / 5 Stars
1 1 5 3 2
Zacks Investment Research
Standard & Poor's
U.S. News evaluated 95 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 5.39 percent over the past year, and 1.92 percent over the past three years.
|Trailing Returns||Updated 11.30.2013|
|Year to date||5.8%|
|3 Years (Annualized)||1.9%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks capital appreciation through allocating its assets to various investment strategies. The fund invests its assets utilizing the following eight Investment Strategies: (1) Global Consumer; (2) Global Financial Services; (3) Global Medical Sciences; (4) Select Opportunities; (5) Market Neutral; (6) Titan; and (7) Global Resources and Infrastructure. Although the weightings of each Investment Strategy will vary, it is the Adviser's current intention to attempt to rebalance its investment portfolio annually as of each December 31st to allocate approximately 14.3% of its assets to each Investment Strategy.
Fees are High compared to funds in the same category.
Turner Spectrum Fund has an expense ratio of 2.89 percent.
Risk is Low compared to funds in the same category according to Morningstar.