3 / 5 Stars
3 3 5 3 4
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
U.S. News evaluated 47 Market Neutral 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 0.70 percent over the past year, and 1.47 percent over the past three years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||0.6%|
|3 Years (Annualized)||1.5%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks long-term growth of capital independent of stock market direction. The fund seeks to limit global equities market risk by balancing "long" and "short" positions. It will buy, or take a long position in, equity securities of U.S. and non-U.S. companies that the Adviser believes are undervalued and more likely to appreciate and, at the same time, sell or take short positions in, equity securities that the Adviser believes are overvalued and more likely to depreciate. While the fund does not target issuers of a particular size, most issuers have larger capitalizations. It normally invests significantly in securities of non-U.S. companies.
Fees are High compared to funds in the same category.
AllianceBernstein Market Neutral Strategy - Global has an expense ratio of 1.30 percent.
Risk is Low compared to funds in the same category according to Morningstar.