Active Portfolios® Multi-Manager Alternative Strategies Fund

Class A (CPASX)

U.S. News evaluated 96 Multialternative Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

See all Columbia funds

See full Multialternative rankings

See more fund rankings

Performance

The fund has returned 9.06 percent over the past year.

Trailing Returns Updated 05.31.2013
Year to date 5.3%
1 Year 9.1%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

See more CPASX performance

Summary

The investment seeks capital appreciation with an emphasis on absolute (positive) returns. The fund pursues its investment objective by allocating the fund's assets among different asset managers that use multiple investment styles and strategies across different markets. It may invest in early stage companies and initial public offerings (IPOs). The fund may invest in companies of any market capitalization and may invest without limitation in foreign securities or instruments and currencies, including investments in emerging market instruments. It may invest in fixed income securities of any maturity and of any credit quality. The fund is non-diversified.

Fees

Fees are Average compared to funds in the same category.
Active Portfolios® Multi-Manager Alternative Strategies Fund has an expense ratio of 1.50 percent.

See more CPASX fees

Risk

Risk is N/A compared to funds in the same category according to Morningstar.

See more CPASX risk

Advertisement
Multialternatives
Rankings

See More Funds

Highest Returns (10-year)

See More Funds

Slide Shows
7 Mutual Funds That Make Huge Bets

These funds invest much of their portfolios in one company.

Why Dow 14,000 Is a Tough Milestone

History shows this mark to be one of the most difficult for the market.

Emerging Markets to Consider in 2013

The Philippines, China and other key emerging markets for this year.