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Lipper
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Zacks Investment Research
5
(Strong Sell)
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Standard & Poor's
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TheStreet.com
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U.S. News evaluated 39 Market Neutral Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Performance
The fund has returned -2.76 percent over the past year.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | -2.1% |
| 1 Year | -2.8% |
| 3 Years (Annualized) | N/A |
| 5 Years (Annualized) | N/A |
| 10 Years (Annualized) | N/A |
Summary
The investment seeks long-term growth of capital with low or no correlation to the Morgan Stanley Capital International World Index. The fund takes long and short exposures in common and preferred stocks of companies located primarily in developed countries outside the U.S. and of companies in the U.S. To obtain exposure to long and short positions in securities, it enters into one or more total return equity swap agreements. The Investment Adviser uses its quantitative investment strategy designed to identify short exposures that it expects to underperform the World Index to manage the fund's short exposures.
Fees
Fees are Low compared to funds in the same category.
Causeway Global Absolute Return Fund has an expense ratio of 1.82 percent.
Risk
Risk is N/A compared to funds in the same category according to Morningstar.
