Columbia Absolute Ret Multi-Strat Fund

U.S. News evaluated 88 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 1.77 percent over the past year.

Trailing Returns Updated 04.30.2013
Year to date 1.6%
1 Year 1.8%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

See more CMSAX performance

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 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.

Fees

Fees are Above Average compared to funds in the same category.
Columbia Absolute Ret Multi-Strat Fund has an expense ratio of 1.38 percent.

See more CMSAX fees

Risk

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

See more CMSAX 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.