Van Eck Multi-Manager Alternative Fund

Scorecard
2 / 5 Stars
Lipper
2 2 5 1 4
Zacks Investment Research
4 (Sell)
Standard & Poor's
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TheStreet.com
C- (Hold)

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.

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Performance

The fund has returned 5.79 percent over the past year, and 1.04 percent over the past three years.

Trailing Returns Updated 02.28.2014
Year to date 0.4%
1 Year 5.8%
3 Years (Annualized) 1.0%
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks to achieve consistent absolute (positive) returns in various market cycles. The fund allocates its assets among (i) investment sub-advisers (the "sub-advisers", also referred to as "managers") with experience in managing alternative or non-traditional investment strategies, and (ii) affiliated and unaffiliated funds, including open end and closed end funds and exchange-traded funds ("ETFs"), which employ a variety of investment strategies (collectively, the "underlying funds"). It is non-diversified.

Fees

Fees are Low compared to funds in the same category.
Van Eck Multi-Manager Alternative Fund has an expense ratio of 2.30 percent.

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Risk

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

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