3 / 5 Stars
3 3 5 4 5
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 0.17 percent over the past year, 2.33 percent over the past three years, and 2.66 percent over the past five years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-1.5%|
|3 Years (Annualized)||2.3%|
|5 Years (Annualized)||2.7%|
|10 Years (Annualized)||N/A|
The investment seeks long-term capital appreciation with less risk than traditional equity funds. The fund pursues multiple investment styles or mandates that correspond to investment strategies widely employed by hedge funds. The allocation to these strategies is based on a proprietary evaluation of their risk and return characteristics. The fund may also invest up to 25% of total assets in a wholly-owned and controlled Cayman Islands subsidiary. It is non-diversified.
Fees are High compared to funds in the same category.
Guggenheim Series Multi-Hedge Strategies Fund has an expense ratio of 1.15 percent.
Risk is Low compared to funds in the same category according to Morningstar.