Absolute Opportunities Fund

Class Inst (AOFOX)
Scorecard
2 / 5 Stars
Lipper
1 1 5 1 5
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
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TheStreet.com
D+ (Sell)

U.S. News evaluated 113 Multialternative 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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Performance

The fund has returned -5.25 percent over the past year, -2.89 percent over the past three years, and 3.12 percent over the past five years.

Trailing Returns Updated 03.31.2014
Year to date -1.5%
1 Year -5.2%
3 Years (Annualized) -2.9%
5 Years (Annualized) 3.1%
10 Years (Annualized) N/A

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Summary

The investment seeks long-term capital appreciation with an emphasis on risk-adjusted returns and lower volatility than traditional equity market indices such as the Standard & Poor's 500 Index. Absolute will generally allocate fund assets to a carefully chosen group of skilled money managers (the "Subadvisers") who employ a wide range of specialized investment strategies that, when combined, Absolute believes offer the potential for attractive long-term risk-adjusted investment returns. Absolute selects Subadvisers that, relative to their peers, seek to preserve capital and tend to perform differently in a market cycle. The fund is non-diversified.

Fees

Fees are Low compared to funds in the same category.
Absolute Opportunities Fund has an expense ratio of 2.95 percent.

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Risk

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

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See Also:

Top Absolute Strategies Funds