| Scorecard |
|---|
|
3 / 5 Stars
|
|
Lipper
2
2
5
4
3
|
|
Zacks Investment Research
5
(Strong Sell)
|
|
Standard & Poor's
---
|
|
TheStreet.com
C-
(Hold)
|
U.S. News evaluated 96 Multialternative Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Performance
The fund has returned 5.60 percent over the past year, and 4.34 percent over the past three years.
| Trailing Returns | Updated 05.31.2013 |
|---|---|
| Year to date | 1.4% |
| 1 Year | 5.6% |
| 3 Years (Annualized) | 4.3% |
| 5 Years (Annualized) | N/A |
| 10 Years (Annualized) | N/A |
Summary
The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ Alpha Hedge Index. The fund is a "fund of funds" which means it invests, under normal circumstances, a significant portion of its 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") (collectively, "Underlying ETFs"). It may also invest in one or more financial instruments. The fund is non-diversified.
Fees
Fees are Average compared to funds in the same category.
IQ Alpha Hedge Strategy Fund has an expense ratio of 1.65 percent.
Risk
Risk is Average compared to funds in the same category according to Morningstar.
