3 / 5 Stars
4 4 1 3 4
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
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 21.75 percent over the past year, 9.85 percent over the past three years, 12.90 percent over the past five years, and 11.86 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||1.7%|
|3 Years (Annualized)||9.8%|
|5 Years (Annualized)||12.9%|
|10 Years (Annualized)||11.9%|
The investment seeks to provide total return. The fund seeks to achieve its objective by allocating its assets primarily among stocks, bonds and short-term instruments of issuers in markets around the globe, as well as investments in derivative instruments, precious metals and investments with exposure to various foreign currencies. It may invest its assets in any market that Waddell & Reed Investment Management Company (WRIMCO), the fund's investment manager, believes can offer a high probability of return or, alternatively, can provide a high degree of relative safety in uncertain times.
Fees are Low compared to funds in the same category.
Waddell & Reed Advisor Asset Strategy Fund has an expense ratio of 1.97 percent.
Risk is High compared to funds in the same category according to Morningstar.