Wells Fargo Advantage Absolute Return Fund

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.

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The fund has returned 7.14 percent over the past year.

Trailing Returns Updated 02.28.2014
Year to date 0.4%
1 Year 7.1%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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The investment seeks a positive total return. The fund is a diversified investment that invests substantially all of its investable assets in the GMO Benchmark-Free Allocation Fund, an investment company managed by Grantham, Mayo, Van Otterloo & Co. LLC. The asset classes include: U.S. and foreign equity, including emerging markets; U.S. and foreign fixed income, including emerging markets; and alternative asset classes, including real estate and commodities. Benchmark-Free Allocation Fund is structured as a fund of funds and gains its investment exposures primarily by investing in the GMO Implementation Fund. The fund is non-diversified.


Fees are Low compared to funds in the same category.
Wells Fargo Advantage Absolute Return Fund has an expense ratio of 0.73 percent.

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

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