DWS Select Alternative Allocation Fund

Scorecard
3 / 5 Stars
Lipper
1 1 4 1 3
Zacks Investment Research
3 (Hold)
Standard & Poor's
2 / 5 Stars
TheStreet.com
C- (Hold)

#5 in Multialternative

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.

See all DWS Investments funds

See full Multialternative rankings

See more fund rankings

Performance

The fund has returned 8.99 percent over the past year, 3.65 percent over the past three years, and 7.38 percent over the past five years.

Trailing Returns Updated 06.30.2014
Year to date 5.9%
1 Year 9.0%
3 Years (Annualized) 3.6%
5 Years (Annualized) 7.4%
10 Years (Annualized) N/A

See more SELAX performance

Summary

The investment seeks capital appreciation. The fund is a fund-of-funds, which means its assets are invested in a combination of other DWS funds, certain other securities and derivative instruments. It seeks to achieve its objective by investing in alternative asset categories and investment strategies. The fund may also invest in securities of unaffiliated mutual funds, ETFs or hedge funds when the desired economic exposure to a particular asset category or investment strategy is not available through a DWS fund.

Fees

Fees are Low compared to funds in the same category.
DWS Select Alternative Allocation Fund has an expense ratio of 0.53 percent.

See more SELAX fees

Risk

Risk is Average compared to funds in the same category according to Morningstar.

See more SELAX risk