3 / 5 Stars
2 2 5 3 4
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 1.75 percent over the past year, 0.72 percent over the past three years, -0.10 percent over the past five years, and 0.92 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||-2.1%|
|3 Years (Annualized)||0.7%|
|5 Years (Annualized)||-0.1%|
|10 Years (Annualized)||0.9%|
The investment seeks long-term capital preservation and growth by using strategies designed to produce returns which have no correlation with general domestic market performance. The fund attempts to neutralize exposure to general domestic market risk by primarily investing in common stocks that the fund's adviser considers to be attractive and 'short selling' stocks that the adviser considers to be unattractive. It uses a multi-style approach, meaning that it may invest across different industries, sectors and capitalization levels targeting both value-and growth-oriented domestic companies.
Fees are Low compared to funds in the same category.
JPMorgan Multi Cap Market Neutral Fund has an expense ratio of 1.23 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.