2 / 5 Stars
2 1 5 3
Zacks Investment Research
5 (Strong Sell)
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 -0.93 percent over the past year, 1.33 percent over the past three years, -2.24 percent over the past five years, and 1.85 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||0.3%|
|3 Years (Annualized)||1.3%|
|5 Years (Annualized)||-2.2%|
|10 Years (Annualized)||1.8%|
The investment seeks total return greater than that of its benchmark, the Citigroup 3-Month Treasury Bill Index. The fund's investment program involves having both long and short investment exposures. The fund seeks to construct a portfolio in which it has long investment exposure to asset classes and sub-asset classes that it expects will outperform relative to the asset classes and sub-asset classes to which it has short investment exposure. It also may invest in U.S. Treasury Fund and money market funds that are unaffiliated with GMO. The fund is non-diversified.
Fees are Low compared to funds in the same category.
GMO Alpha Only Fund has an expense ratio of 0.18 percent.
Risk is Average compared to funds in the same category according to Morningstar.