Permal Alternative Core Fund

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.

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Performance

The fund has returned 11.36 percent over the past year, 5.85 percent over the past three years, and 8.61 percent over the past five years.

Trailing Returns Updated 06.30.2014
Year to date 2.8%
1 Year 11.4%
3 Years (Annualized) 5.8%
5 Years (Annualized) 8.6%
10 Years (Annualized) N/A

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Summary

The investment seeks total return. The fund typically will invest, directly or through underlying funds and exchange-traded notes, approximately 50% to 100% of its total assets in alternative investments, including commodities, real estate assets, infrastructure assets, foreign currencies and hedge fund strategies; 0% to 50% of its total assets in equity-related investments; 0% to 50% of its total assets in fixed income-related investments and 0% to 40% in cash and cash equivalents. It may not invest more than 10% of its total assets in any one investment considered by Permal Asset Management Inc. ("Permal") to be an alternative investment.

Fees

Fees are Low compared to funds in the same category.
Permal Alternative Core Fund has an expense ratio of 0.89 percent.

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Risk

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

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