| Scorecard |
|---|
|
2 / 5 Stars
|
|
Lipper
1
1
5
1
4
|
|
Zacks Investment Research
5
(Strong Sell)
|
|
Standard & Poor's
---
|
|
TheStreet.com
D
(Sell)
|
U.S. News evaluated 51 Managed Futures Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Performance
The fund has returned -7.60 percent over the past year, and -7.11 percent over the past three years.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | -4.5% |
| 1 Year | -7.6% |
| 3 Years (Annualized) | -7.1% |
| 5 Years (Annualized) | N/A |
| 10 Years (Annualized) | N/A |
Summary
The investment seeks to provide long-term capital appreciation consistent with capital preservation. Under normal market conditions, the fund is managed based on signals generated by a proprietary model maintained by the fund's sub-adviser (the "Model"). The Model is "technically weighted," which means that it assigns a greater or lesser importance to asset classes based on signals derived from their price trends. It primarily invests in exchange-traded funds ("ETFs") which represent these broad asset classes as opposed to securities representing the debt or equity of individual companies. The fund is non-diversified.
Fees
Fees are Above Average compared to funds in the same category.
Highland Trend Following Fund has an expense ratio of 2.25 percent.
Risk
Risk is Average compared to funds in the same category according to Morningstar.
