Altegris Macro Strategy Fund

U.S. News evaluated 53 Managed Futures Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned -8.25 percent over the past year, and -7.09 percent over the past three years.

Trailing Returns Updated 06.30.2014
Year to date -4.1%
1 Year -8.2%
3 Years (Annualized) -7.1%
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks absolute returns. The fund seeks to achieve its investment objective by allocating its assets using two principal strategies: "Global Macro" Strategy and "Fixed Income" Strategy. The adviser expects that less than 100% of the fund's total net assets will be invested in and used as collateral for Global Macro strategies. The Fixed Income strategy will invest primarily in investment grade securities, which the fund defines as those that are rated, at the time purchased, in the top four categories by a rating agency. The fund is non-diversified.

Fees

Fees are Above Average compared to funds in the same category.
Altegris Macro Strategy Fund has an expense ratio of 1.95 percent.

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Risk

Risk is Low compared to funds in the same category according to Morningstar.

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