4 / 5 Stars
5 4 1 4 2
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
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 9.30 percent over the past year, 7.45 percent over the past three years, 3.48 percent over the past five years, and 12.41 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||5.5%|
|3 Years (Annualized)||7.4%|
|5 Years (Annualized)||3.5%|
|10 Years (Annualized)||12.4%|
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 precious metals and investments with exposure to various foreign currencies. It may gain exposure to commodities, including precious metals, derivatives and commodity-linked instruments by investing in a subsidiary organized in the Cayman Islands.
Fees are Low compared to funds in the same category.
Waddell & Reed Advisor Asset Strategy Fund has an expense ratio of 0.85 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.