3 / 5 Stars
3 3 5 1 3
Zacks Investment Research
Standard & Poor's
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.
The fund has returned 7.83 percent over the past year, 1.45 percent over the past three years, and 2.51 percent over the past five years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||0.0%|
|3 Years (Annualized)||1.5%|
|5 Years (Annualized)||2.5%|
|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 2.00 percent.
Risk is Average compared to funds in the same category according to Morningstar.