Not Scored in Multialternative
U.S. News evaluated 79 Multialternative Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
| Scorecard | |
|---|---|
| Morningstar | 3 / 5 Stars |
| Lipper | 1 2 5 3 3 |
| Zacks Investment Research | --- |
| Standard & Poor's | --- |
| TheStreet.com | D+ (Sell) |
Fund Overview
The investment seeks investment results that correspond (before fees and expenses) generally to the price and yield performance of its underlying index, the IQ Alpha Hedge Index (the “index”). The fund employs a “passive management” — or indexing — investment approach designed to track the performance of the underlying index. It invests a significant portion of assets in underlying funds, including ETFs, exchange-traded notes (“ETNs”), and other exchange-traded vehicles issuing equity securities organized in the U.S., such as exchange traded commodity pools (“ETVs”). The fund may also invest in one or more financial instruments. It is non-diversified.
| Trailing Returns | Updated 03.31.2012 |
|---|---|
| Year to date | 3.0% |
| 1 Year | 2.1% |
| 3 Years (Annualized) | 6.7% |
| 5 Years (Annualized) | |
| 10 Years (Annualized) |
Performance
The fund has returned 2.11 percent over the past year, and 6.74 percent over the past three years.
Hypothetical Growth of $10,000
Updated 03.31.2012
Holdings
Asset Allocation
| % Long | % Short | % Net | |
|---|---|---|---|
| Cash | 21.43 | 8.48 | 12.95 |
| Stocks | 16.18 | 0.0 | 16.18 |
| Bonds | 38.1 | 0.0 | 38.1 |
| Other | 7.92 | 0.89 | 7.03 |
| Foreign Bonds | 5.61 | 0.0 | 5.61 |
| Foreign Stocks | 12.19 | 0.0 | 12.19 |
| Convertible | 6.05 | 0.0 | 6.05 |
| Preferred | 1.89 | 0.0 | 1.89 |
Updated 10.31.2011
Top Holdings
Performance as of 03.31.2012
Portfolio as of 10.31.2011
| % Net Assets | |
|---|---|
| iShares iBoxx $ Invest Grade Corp Bond | 17.07 |
| iShares MSCI EAFE Index | 10.27 |
| SPDR Barclays Capital Convertible Secs | 8.91 |
| iShares Russell 2000 Index | 8.35 |
| SPDR S&P 500 | 7.88 |
Fees
IQ Alpha Hedge Strategy Fund has an expense ratio of 1.30 percent.
