3 / 5 Stars
2 2 5 2 3
Zacks Investment Research
1 (Strong Buy)
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 16.01 percent over the past year, and 4.18 percent over the past three years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||5.2%|
|3 Years (Annualized)||4.2%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks long-term capital appreciation. The fund invests in stocks of companies with primarily large capitalization ranges across all major industry sectors using a long/short strategy in seeking to capture alpha, reduce volatility, and preserve capital in declining markets. It typically holds between 75 and 125 securities long or short in the aggregate. Generally, the adviser attempts to maintain a typical long position size per holding and a typical short position size per holding between 0.5% and 5.0% of the fund's net assets.
Fees are High compared to funds in the same category.
Turner Titan Fund has an expense ratio of 2.80 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.