Van Eck Multi-Manager Alternative Fund

Scorecard
3 / 5 Stars
Lipper
3 3 5 1 3
Zacks Investment Research
4 (Sell)
Standard & Poor's
---
TheStreet.com
C (Hold)

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.

See all Van Eck funds

See full Multialternative rankings

See more fund rankings

Performance

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%
1 Year 7.8%
3 Years (Annualized) 1.5%
5 Years (Annualized) 2.5%
10 Years (Annualized) N/A

See more VMAYX performance

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 2.00 percent.

See more VMAYX fees

Risk

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

See more VMAYX risk