4 / 5 Stars
5 5 5 3 2
Zacks Investment Research
Standard & Poor's
U.S. News evaluated 120 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 6.01 percent over the past year, 7.81 percent over the past three years, and 7.68 percent over the past five years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||0.8%|
|3 Years (Annualized)||7.8%|
|5 Years (Annualized)||7.7%|
|10 Years (Annualized)||N/A|
The investment seeks total return. MFS (Massachusetts Financial Services Company, the fund's investment adviser), in conjunction with UBS (UBS Global Asset Management (Americas), Inc., the sub-adviser to the fund), seeks to achieve a total rate of return for the fund that meets or exceeds the Citigroup 1-Month T-Bill Index plus 2% to 4%, net of fund expenses, over a full market cycle. There is no assurance that the fund will meet this target over the long term or for any year or period of years.
Fees are Low compared to funds in the same category.
MFS® Global Alternative Strategy Fund has an expense ratio of 1.39 percent.
Risk is Average compared to funds in the same category according to Morningstar.