3 / 5 Stars
2 2 5 5 4
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
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 3.48 percent over the past year, and 0.96 percent over the past three years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-0.5%|
|3 Years (Annualized)||1.0%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks to generate an absolute return with reduced correlation to the stock and bond markets. The fund employs a strategy intended to generate an absolute (i.e., positive) return in various market cycles with reduced correlation to the stock and bond markets. The fund allocates its assets among a variety of investment strategies through the use of: (i) affiliated and unaffiliated funds, including open-end funds, closed-end funds and exchange traded funds (underlying funds); and/or (ii) one or more investment sub-advisers (each, a Sub-Adviser and collectively, the Sub-Advisers).
Fees are Low compared to funds in the same category.
SEI Institutional Managed Trust Multi-Strategy Alternative Fund has an expense ratio of 0.60 percent.
Risk is Low compared to funds in the same category according to Morningstar.