4 / 5 Stars
4 5 5 5 3
Zacks Investment Research
1 (Strong Buy)
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 8.21 percent over the past year, 7.99 percent over the past three years, 13.54 percent over the past five years, and 6.58 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-2.8%|
|3 Years (Annualized)||8.0%|
|5 Years (Annualized)||13.5%|
|10 Years (Annualized)||6.6%|
The investment seeks capital appreciation. The fund invests primarily in equity securities by maintaining long equity positions and short equity positions. It typically invests in the equity securities of companies with market capitalizations of at least $100 million at the time of purchase. The fund may at any time have either a net long exposure or a net short exposure to the equity markets and the fund will not be managed to maintain either net long or net short market exposure. It may invest in early stage companies and initial public offerings (IPOs). The fund is non-diversified.
Fees are Average compared to funds in the same category.
Wasatch Long/Short Fund has an expense ratio of 1.28 percent.
Risk is Average compared to funds in the same category according to Morningstar.