4 / 5 Stars
2 1 4
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
2 / 5 Stars
#9 in Multialternative
U.S. News evaluated 113 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 3.08 percent over the past year, 2.95 percent over the past three years, 7.55 percent over the past five years, and 4.18 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-0.9%|
|3 Years (Annualized)||2.9%|
|5 Years (Annualized)||7.6%|
|10 Years (Annualized)||4.2%|
The investment seeks to provide long-term capital appreciation, with a secondary objective to earn income, while managing risk. The Alternative Strategies Portfolio seeks to achieve these objectives by investing primarily in shares of registered investment companies, including ETFs, and closed-end funds. The investment companies that the Alternative Strategies Portfolio will invest in are those that emphasize alternative strategies and which have low correlations to the securities in the S&P 500® Composite Index.
Fees are High compared to funds in the same category.
New Century Alternative Strategies Portfolio has an expense ratio of 1.13 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.