2 / 5 Stars
2 2 4 5 5
Zacks Investment Research
5 (Strong Sell)
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 1.26 percent over the past year, -5.30 percent over the past three years, and -4.22 percent over the past five years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||-2.2%|
|3 Years (Annualized)||-5.3%|
|5 Years (Annualized)||-4.2%|
|10 Years (Annualized)||N/A|
The investment seeks to achieve absolute returns. The fund intends to invest in multiple proprietary and third-party investment strategies that seek to identify and profit from upcoming movements in any combination of global fixed income, currency, commodity, or equity markets. It will invest at least 80% of its net assets, plus any borrowings for investment purposes, in "managed futures." The fund also may invest up to 25% of its assets in municipal securities. It may invest up to 25% of its total assets in a wholly-owned and controlled Cayman Islands subsidiary (the "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 1.67 percent.
Risk is Average compared to funds in the same category according to Morningstar.