3 / 5 Stars
3 3 5 1 4
Zacks Investment Research
Standard & Poor's
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.
The fund has returned -1.47 percent over the past year, and -3.19 percent over the past three years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||-1.6%|
|3 Years (Annualized)||-3.2%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks to achieve positive absolute returns in rising and falling equity markets; the fund's secondary investment objective is to achieve its primary investment objective with less volatility than major equity market indices. The fund allocates its assets using Managed Futures Strategy and Fixed Income Strategy. The Managed Futures Strategy is designed to capture returns related to trends in the commodity and financial futures markets. The Fixed Income Strategy will invest in a variety of investment grade fixed income securities. It is non-diversified.
Fees are High compared to funds in the same category.
Altegris Managed Futures Strategy Fund has an expense ratio of 3.17 percent.
Risk is Average compared to funds in the same category according to Morningstar.