Market Neutral
Market neutral portfolios seek income while maintaining low correlation to fluctuations in market conditions. Market neutral portfolios typically hold 50% of net assets in long positions and 50% of net assets in short positions in order to deliver positive returns regardless of the direction of the market. This category is only used in Morningstar's custom fund and separate account databases. Morningstar®
BPV Wealth Preservation Fund (BPVPX)
| Performance (1-yr.): 2.96% | Expenses: 1.10% |
| Performance (1-mo.): 0.10% | Total Assets: $32.4M |
Calamos Market Neutral Income (CVSIX)
| Performance (1-yr.): 3.84% | Expenses: 1.15% |
| Performance (1-mo.): 0.31% | Total Assets: $2.67B |
Causeway Global Absolute Return Fund (CGAIX)
| Performance (1-yr.): 2.76% | Expenses: 1.96% |
| Performance (1-mo.): 0.10% | Total Assets: $45.09M |
Cognios Market Neutral Large Cap Fund (COGIX)
| Performance (1-yr.): — | Expenses: 2.00% |
| Performance (1-mo.): 0.31% | Total Assets: $10.26M |
DWS Disciplined Market Neutral Fund (DDMAX)
| Performance (1-yr.): 2.66% | Expenses: 1.80% |
| Performance (1-mo.): 0.31% | Total Assets: $388.07M |
Federated Absolute Return Fund (FMAAX)
| Performance (1-yr.): 3.44% | Expenses: 1.49% |
| Performance (1-mo.): 0.33% | Total Assets: $301.01M |
Gabelli ABC Fund (GABCX)
| Performance (1-yr.): 4.47% | Expenses: 0.60% |
| Performance (1-mo.): 0.69% | Total Assets: $661.75M |
GMO Alpha Only Fund (GGHEX)
| Performance (1-yr.): 0.75% | Expenses: 0.66% |
| Performance (1-mo.): 0.66% | Total Assets: $3.88B |
HAGIN Keystone Market Neutral Fund (HKMNX)
| Performance (1-yr.): 5.92% | Expenses: 1.25% |
| Performance (1-mo.): 0.11% | Total Assets: $456,067 |
Highbridge Statistical Market Neutral Fund (HSKAX)
| Performance (1-yr.): 1.57% | Expenses: 1.96% |
| Performance (1-mo.): 0.14% | Total Assets: $474.1M |
