1 / 5 Stars
4 3 1 1 2
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
U.S. News evaluated 144 World 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 5.73 percent over the past year, 0.35 percent over the past three years, and -2.74 percent over the past five years.
|Trailing Returns||Updated 04.30.2013|
|Year to date||2.0%|
|3 Years (Annualized)||0.4%|
|5 Years (Annualized)||-2.7%|
|10 Years (Annualized)||N/A|
The investment seeks current income and gains; long-term growth of capital is a secondary objective. The Alternative Income Fund is a non-diversified fund that invests all of its investable assets in the Alternative Income Portfolio (formerly the Water Infrastructure Portfolio), a series of Kinetics Portfolios Trust. Under normal circumstances, the Alternative Income Portfolio will hold a diversified portfolio of primarily fixed income securities and implement an equity put writing option strategy intended to generate returns from the receipt of option premiums. The fund is non-diversified.
Fees are Low compared to funds in the same category.
Kinetics Alternative Income Fund has an expense ratio of 1.89 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.