Purisima All Purpose Fund

Class Other (PURLX)

U.S. News evaluated 52 Market Neutral Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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The fund has returned -1.36 percent over the past year, -1.37 percent over the past three years, and -1.26 percent over the past five years.

Trailing Returns Updated 06.30.2014
Year to date -0.7%
1 Year -1.4%
3 Years (Annualized) -1.4%
5 Years (Annualized) -1.3%
10 Years (Annualized) N/A

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The investment seeks positive total returns over the long-term regardless of market conditions in the U.S. and foreign equity markets. The fund anticipates most of the time it will maintain a flexible strategy ranging from defensive to exposure to global equity markets. It may also sell securities short. The fund's investments in different types of securities may vary significantly based on current or anticipated market conditions. The fund is non-diversified.


Fees are Low compared to funds in the same category.
Purisima All Purpose Fund has an expense ratio of 1.50 percent.

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Risk is Low compared to funds in the same category according to Morningstar.

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See Also:

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