2 / 5 Stars
2 2 5 1 5
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 5.00 percent over the past year, and 1.05 percent over the past three years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||1.5%|
|3 Years (Annualized)||1.1%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks capital appreciation with an emphasis on absolute (positive) returns and low correlation to the broader equity and bond markets. The fund's investment advisor, seeks to achieve the fund's investment objective by delegating the management of Fund assets to a group of experienced investment managers that utilize a variety of investment strategies and styles (the "Sub-Advisors"). The Advisor invests a portion of the fund's assets in securities and other instruments directly. The fund is non-diversified.
Fees are Low compared to funds in the same category.
Palmer Square Absolute Return Fund has an expense ratio of 2.50 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.