3 / 5 Stars
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Zacks Investment Research
Standard & Poor's
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.
The fund has returned 2.23 percent over the past year, and 1.48 percent over the past three years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||0.8%|
|3 Years (Annualized)||1.5%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks to preserve and grow capital with low correlation to the equity markets. The fund invests at least 80% of its net assets (plus borrowings for investment purposes, if any) in equity and/or equity-related instruments. Its equity investments may include large, intermediate and small capitalization companies. The fund also may invest in securities convertible into equity securities. It may, but is not required to, use exchange-traded or over-the-counter derivative instruments for risk management purposes or as part of the fund's investment strategies. The fund may invest in companies at the time of their initial public offering.
Fees are Low compared to funds in the same category.
UBS Equity Long-Short Multi-Strategy Fund has an expense ratio of 2.50 percent.
Risk is Average compared to funds in the same category according to Morningstar.