Hatteras Hedged Strategies Fund

Class Inst (HHSIX)

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.

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Performance

The fund has returned 2.55 percent over the past year.

Trailing Returns Updated 04.30.2013
Year to date 2.8%
1 Year 2.6%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks to achieve consistent returns with low correlation to traditional financial market indices while maintaining a high correlation to the Hedge Fund Research, Inc. ("HFRI") Fund of Funds Composite Index. The fund primarily invests in Long/Short Equity, Market Neutral, Relative Value - Long Short Debt and Event Driven funds. It may also invest in other non-affiliated investment companies primarily including exchange-traded funds ("ETFs"). The fund, through its investment in the Underlying Investments, may invest in foreign securities.

Fees

Fees are Above Average compared to funds in the same category.
Hatteras Hedged Strategies Fund has an expense ratio of 2.25 percent.

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Risk

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

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See Also:

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