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Lipper
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Zacks Investment Research
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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 0.46 percent over the past year.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | -0.2% |
| 1 Year | 0.5% |
| 3 Years (Annualized) | N/A |
| 5 Years (Annualized) | N/A |
| 10 Years (Annualized) | N/A |
Summary
The investment seeks total return. Under normal market conditions, the fund seeks to maintain substantially offsetting long and short market exposures to equities, commodities and currencies, and to follow a generally market-neutral strategy. It maintains long positions in selected equities (including developed and emerging markets), commodities and currencies. It generally achieves its long exposures to the equity markets by holding individual stocks and its long and short exposures to commodities and currencies through positions in swaps, futures and forwards. The fund is non-diversified.
Fees
Fees are Low compared to funds in the same category.
Parametric Market Neutral Fund has an expense ratio of 1.55 percent.
Risk
Risk is N/A compared to funds in the same category according to Morningstar.
