3 / 5 Stars
4 3 1 2 3
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
2 / 5 Stars
#17 in World Allocation
U.S. News evaluated 121 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 9.77 percent over the past year, 4.14 percent over the past three years, and 21.78 percent over the past five years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||-0.3%|
|3 Years (Annualized)||4.1%|
|5 Years (Annualized)||21.8%|
|10 Years (Annualized)||N/A|
The investment seeks to obtain superior long-term returns on capital. The fund employs an asset allocation strategy that seeks to achieve a return over the long term similar to the MSCI World Free Index (net), but with more stable volatility. It will primarily use passive index components and derivatives, including but not limited to futures and swaps, but also may invest directly in individual securities. The fund's passive index component will primarily utilize third-party passively managed exchanged-traded funds ("ETFs") to gain exposure to equity, fixed income, and alternative asset class securities.
Fees are Low compared to funds in the same category.
UBS Asset Growth Fund has an expense ratio of 1.40 percent.
Risk is High compared to funds in the same category according to Morningstar.