Columbia Absolute Ret Enh Multi-Strat Fd

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.

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Performance

The fund has returned -1.98 percent over the past year.

Trailing Returns Updated 02.28.2014
Year to date -2.6%
1 Year -2.0%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks to provide shareholders with positive (absolute) returns. The fund pursues positive (absolute) returns through a diversified portfolio reflecting multiple asset classes and strategies employed across different markets, while seeking to limit equity market risk (commonly referred to as beta) through various investment and hedging strategies. It may invest without limit in foreign investments (including currencies), which may include investments in emerging markets, and in investments that are rated below investment-grade or, if unrated, deemed to be of comparable quality.

Fees

Fees are Low compared to funds in the same category.
Columbia Absolute Ret Enh Multi-Strat Fd has an expense ratio of 1.77 percent.

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Risk

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

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