| Scorecard |
|---|
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3 / 5 Stars
|
|
Lipper
2
2
5
1
4
|
|
Zacks Investment Research
3
(Hold)
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|
Standard & Poor's
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TheStreet.com
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U.S. News evaluated 88 Multialternative Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Performance
The fund has returned -0.39 percent over the past year, and 1.21 percent over the past three years.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 0.7% |
| 1 Year | -0.4% |
| 3 Years (Annualized) | 1.2% |
| 5 Years (Annualized) | N/A |
| 10 Years (Annualized) | N/A |
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 Above Average compared to funds in the same category.
Van Eck Multi-Manager Alternative Fund has an expense ratio of 2.62 percent.
Risk
Risk is Below Average compared to funds in the same category according to Morningstar.
