3 / 5 Stars
5 5 5 4 1
Zacks Investment Research
Standard & Poor's
U.S. News evaluated 247 Moderate Allocation 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 11.03 percent over the past year, and 8.44 percent over the past three years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||1.8%|
|3 Years (Annualized)||8.4%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks current income and gains. Under normal circumstances, the fund's primary strategy consists of purchasing and selling put and call options on equity indexes and exchange traded funds ("ETFs"). The sale of put options generates income for the fund, but exposes it to the risk of declines in the value of the underlying assets. The fund's investment advisor seeks to reduce the overall volatility of returns of the fund by managing a portfolio of options.
Fees are Above Average compared to funds in the same category.
Ironclad Managed Risk Fund has an expense ratio of 1.25 percent.
Risk is Low compared to funds in the same category according to Morningstar.