KCM Macro Trends Fund

Scorecard
2 / 5 Stars
Lipper
1 1 1 2 5
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
2 / 5 Stars
TheStreet.com
D- (Sell)

#13 in Multialternative

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 11.02 percent over the past year, and 0.94 percent over the past three years.

Trailing Returns Updated 04.30.2013
Year to date 12.7%
1 Year 11.0%
3 Years (Annualized) 0.9%
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks long-term growth of capital. The fund invests globally in companies of all sizes and in all sectors, long or short, and to hold cash. It invests principally in domestic and foreign equity securities (common stock), exchange traded funds ("ETFs"), futures and options. The fund focuses on the broad macroeconomic environment. It may sell equity securities short up to 50% of its net assets if the adviser believes the value of the equity security is likely to depreciate in value. The fund may purchase and sell futures contracts, and may purchase and sell options on securities, securities indexes, and futures contracts. It is non-diversified.

Fees

Fees are Above Average compared to funds in the same category.
KCM Macro Trends Fund has an expense ratio of 1.52 percent.

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Risk

Risk is High compared to funds in the same category according to Morningstar.

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