2 / 5 Stars
2 2 5 4 4
Zacks Investment Research
Standard & Poor's
U.S. News evaluated 120 Multialternative 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 -2.80 percent over the past year, and -0.15 percent over the past three years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||-2.5%|
|3 Years (Annualized)||-0.2%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
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 fixed income 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 are Low compared to funds in the same category.
Columbia Absolute Ret Multi-Strat Fund has an expense ratio of 1.68 percent.
Risk is Low compared to funds in the same category according to Morningstar.