3 / 5 Stars
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
U.S. News evaluated 51 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 -2.40 percent over the past year, -4.74 percent over the past three years, and -4.26 percent over the past five years.
|Trailing Returns||Updated 04.30.2013|
|Year to date||3.6%|
|3 Years (Annualized)||-4.7%|
|5 Years (Annualized)||-4.3%|
|10 Years (Annualized)||N/A|
The investment seeks to achieve positive absolute returns. The fund's investment methodology is based primarily on the Standard and Poor's Diversified Trends Indicator®, a systematic rules-based trend-following strategy. The current strategy components consist of approximately 14 sectors with a total of 24 futures contracts, allocated 50% to financial futures, e.g., interest rates and currencies, and 50% to physical commodities, e.g., energy and metals. It may also invest up to 25% of its total assets in a wholly-owned and controlled Cayman Islands subsidiary. The fund is non-diversified.
Fees are Above Average compared to funds in the same category.
Guggenheim Managed Futures Strategy Fund has an expense ratio of 1.89 percent.
Risk is Low compared to funds in the same category according to Morningstar.