3 / 5 Stars
2 2 5 4
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
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.
The fund has returned 1.89 percent over the past year, and 0.88 percent over the past three years.
|Trailing Returns||Updated 10.31.2013|
|Year to date||2.4%|
|3 Years (Annualized)||0.9%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
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 are Low compared to funds in the same category.
Van Eck Multi-Manager Alternative Fund has an expense ratio of 1.95 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.