3 / 5 Stars
4 4 5 2 5
Zacks Investment Research
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 3.77 percent over the past year, 3.50 percent over the past three years, and 1.50 percent over the past five years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||0.4%|
|3 Years (Annualized)||3.5%|
|5 Years (Annualized)||1.5%|
|10 Years (Annualized)||N/A|
The investment seeks capital appreciation independent of equity market conditions. In selecting stocks for the fund, the portfolio managers use quantitative management techniques in a two-step process. First, the managers rank stocks, primarily publicly traded U.S. companies with a market capitalization greater than $1 billion, from most attractive to least attractive based on each stock's value, as well as its growth potential. Second, the portfolio managers use a quantitative model to build a portfolio of stocks from the ranking described above that they believe will provide the optimal balance between risk and expected return.
Fees are Low compared to funds in the same category.
American Century Equity Market Neutral Fund has an expense ratio of 1.64 percent.
Risk is Average compared to funds in the same category according to Morningstar.