4 / 5 Stars
5 5 1 1 5
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 219 Small Growth 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 24.73 percent over the past year, 17.56 percent over the past three years, and 28.25 percent over the past five years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||-1.4%|
|3 Years (Annualized)||17.6%|
|5 Years (Annualized)||28.3%|
|10 Years (Annualized)||N/A|
The investment seeks maximum long-term capital appreciation. The fund seeks to achieve its objective by normally investing at least 80% of its net assets (plus borrowings made for investment purposes) in equity securities of ultra micro-cap companies. It currently defines ultra micro-cap companies as those with market capitalizations less than two times the weighted average of the Russell Microcap Growth Index. The fund may invest in securities issued in initial public offerings (IPOs), and may utilize foreign currency exchange contracts, options, stock index futures contracts, warrants and other derivative instruments.
Fees are Above Average compared to funds in the same category.
AllianzGI Ultra Micro Cap Fund has an expense ratio of 2.01 percent.
Risk is High compared to funds in the same category according to Morningstar.