3 / 5 Stars
4 3 5 5 4
Zacks Investment Research
1 (Strong Buy)
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 6.92 percent over the past year, 4.69 percent over the past three years, 0.45 percent over the past five years, and 2.54 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-0.2%|
|3 Years (Annualized)||4.7%|
|5 Years (Annualized)||0.4%|
|10 Years (Annualized)||2.5%|
The investment seeks to provide long-term capital appreciation while limiting exposure to general stock market risk. The fund follows a market neutral strategy, which the fund defines as a strategy designed to produce a portfolio that is neutral with respect to general stock market risk (sometimes referred to as beta neutrality). Beta is a measure of a stock's volatility relative to the volatility of the general stock market. The advisor buys equity securities it consider to be undervalued and sells short securities it consider to be overvalued, in amounts that it believes will achieve market neutrality.
Fees are Low compared to funds in the same category.
Vanguard Market Neutral Fund has an expense ratio of 0.25 percent.
Risk is Average compared to funds in the same category according to Morningstar.