4 / 5 Stars
3 3 5 1 2
Zacks Investment Research
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 6.81 percent over the past year, 5.90 percent over the past three years, and 5.18 percent over the past five years.
|Trailing Returns||Updated 10.31.2013|
|Year to date||5.1%|
|3 Years (Annualized)||5.9%|
|5 Years (Annualized)||5.2%|
|10 Years (Annualized)||N/A|
The investment seeks total return that exceeds the rate of inflation over the long term. The fund's investment strategy attempts to separate security selection decisions from market and currency exposure decisions. The adviser and sub-adviser generate returns from a combination of (1)The adviser's individual security selection of primarily equity securities and (2)Subadviser's tactical market and currency exposure strategies using derivatives. Derivatives include futures, forward contracts, options, structured securities, inverse floating rate instruments, and swaps.
Fees are Low compared to funds in the same category.
MFS Diversified Target Return Fund has an expense ratio of 2.14 percent.
Risk is Average compared to funds in the same category according to Morningstar.