Active Portfolios® Multi-Manager Alternative Strategies Fund

Class No Load (CPASX)

U.S. News evaluated 109 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 4.11 percent over the past year.

Trailing Returns Updated 02.28.2014
Year to date -1.8%
1 Year 4.1%
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. The Investment Manager and the Subadvisers employ a variety of investment strategies, techniques and practices that are designed to seek positive returns, with a low correlation to the performance of the broad equity and fixed income markets over a complete market cycle. The fund may invest in early stage companies and initial public offerings (IPOs). It is non-diversified.

Fees

Fees are Low 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