Salient Risk Parity Fund

U.S. News evaluated 84 Tactical Allocation Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

See all Salient Funds funds

See full Tactical Allocation rankings

See more fund rankings

Performance

The fund has returned -4.21 percent over the past year.

Trailing Returns Updated 03.31.2014
Year to date 5.8%
1 Year -4.2%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

See more SRPFX performance

Summary

The investment seeks long term capital appreciation. The fund invests primarily in futures contracts and other financially-linked derivatives and instruments whose performance is expected to correspond to global equity markets, global interest rates markets as reflected in the government bond markets of developed countries and global commodities markets. It will also hold a large portion of its assets either directly or indirectly in cash, money market instruments or other cash equivalents, some of which will serve as margin or collateral for the fund's futures contracts or other derivatives positions. The fund is non-diversified.

Fees

Fees are Low compared to funds in the same category.
Salient Risk Parity Fund has an expense ratio of 1.35 percent.

See more SRPFX fees

Risk

Risk is N/A compared to funds in the same category according to Morningstar.

See more SRPFX risk