4 / 5 Stars
2 2 5 4 2
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 2.50 percent over the past year, 1.93 percent over the past three years, and 4.15 percent over the past five years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||1.3%|
|3 Years (Annualized)||1.9%|
|5 Years (Annualized)||4.2%|
|10 Years (Annualized)||N/A|
The investment seeks long-term absolute (positive) returns. The fund seeks to outperform, after expenses, the BofA Merrill Lynch 3-Month Treasury Bill Index while seeking to control its tracking risk relative to this benchmark. It invests in a diversified portfolio of instruments, including equities, convertible securities, debt securities, restricted securities and/or Rule 144A securities, loans, warrants, options, swaps, futures contracts, forwards or other types of derivative instruments.
Fees are Low compared to funds in the same category.
AQR Diversified Arbitrage Fund has an expense ratio of 1.21 percent.
Risk is Low compared to funds in the same category according to Morningstar.