2 / 5 Stars
1 1 2 4 1
Zacks Investment Research
Standard & Poor's
U.S. News evaluated 113 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 -4.93 percent over the past year, and -0.90 percent over the past three years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-2.7%|
|3 Years (Annualized)||-0.9%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks total return. The fund uses an absolute return strategy to seek to produce a positive return under most market conditions. It invests primarily in equity and fixed income securities of domestic and foreign issuers. The fund may invest in equity securities, fixed income securities, derivatives and other instruments, to establish long and short investment exposures in multiple asset classes including stocks, bonds, interests in real estate, commodities, and currencies. It may have significant exposure to one or more asset classes at any time.
Fees are High compared to funds in the same category.
GRT Absolute Return Fund has an expense ratio of 1.50 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.