2 / 5 Stars
4 1 1 1 3
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
U.S. News evaluated 98 Tactical Allocation 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 28.74 percent over the past year, and 5.46 percent over the past three years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||3.2%|
|3 Years (Annualized)||5.5%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks to achieve capital appreciation with a focus on producing positive returns regardless of the direction of the financial markets. The fund seeks to achieve its investment objective by investing in a broad range of asset classes and sectors, some of which are historically uncorrelated to the equity and fixed income markets. It will invest in securities regardless of market capitalization and regardless of industry sector. The fund may also sell short equity and fixed income securities. It may also invest in ETFs with inverse market exposure.
Fees are Low compared to funds in the same category.
AmericaFirst Absolute Return Fund has an expense ratio of 3.25 percent.
Risk is High compared to funds in the same category according to Morningstar.