5 / 5 Stars
4 3 1
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
U.S. News evaluated 109 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 6.63 percent over the past year, 6.91 percent over the past three years, and 11.50 percent over the past five years.
|Trailing Returns||Updated 10.31.2013|
|Year to date||5.3%|
|3 Years (Annualized)||6.9%|
|5 Years (Annualized)||11.5%|
|10 Years (Annualized)||N/A|
The investment seeks a moderate total rate of return (income plus capital appreciation) on an annual basis. The fund is actively managed to invest in any combination of equity and fixed-income securities based on market conditions and trends and the Subadviser's expectations and assessment of risks. It primarily invests in such securities indirectly through securities that invest in or are a derivative of such securities, primarily including futures contracts, swap agreements, exchange-traded funds ("ETFs"), naked and covered options on such instruments, currencies, and other investment companies. The fund is non-diversified.
Fees are Low compared to funds in the same category.
Hundredfold Select Alternative Fund has an expense ratio of 2.45 percent.
Risk is Average compared to funds in the same category according to Morningstar.