Performance
Trailing returns
| 1 day | +0.00% | ||||
| 1 week |
| -0.38% | |||
| 4 week |
| -2.04% | |||
| 3 month |
| -2.48% | |||
| YTD |
| -2.92% | |||
| 1 year |
| -5.54% | |||
| 3 years* | +0.55% |
| |||
| 5 years* | - | ||||
| *annualised | |||||
| Best 3-month return | +5.40% | |
| Worst 3-month return | -5.48% |
Morningstar statistics
Morningstar category: Market Neutral
| Return | Risk | Rating | |
| 3 years | Below Average | Average |
 
|
| 5 years | - | - | - |
| 10 years | - | - | - |
| Overall | Below Average | Average |
|
Morningstar style Learn more
| Large | |||
| Mid | |||
| Small | |||
| Value | Blend | Growth |
Key statistics
| Total assets | 25.72M | |
| Front load | 5.75% | |
| Deferred load | - | |
| Expense ratio | 1.65% | |
| Management fee | - | |
| Fund family | Zacks Funds |
Asset allocation
| Cash | 101.13% | |
| Stocks | -1.13% | |
| Bonds | 0.00% | |
| Other | 0.00% |
Purchase information
| Initial | $2,500 | |
| Additional | $100 | |
| IRA Initial | $1,000 | |
| AIP Initial | $500 | |
| AIP Additional | $50 |
12.92-0.04(-0.31%)
May 24, 4:00pm GMT-4
Overall Morningstar RatingTM
Description
The investment seeks to generate positive returns in both rising and falling equity markets. The fund seeks a total return greater than the return on three-month U.S. Treasury Bills. It attempts to maintain minimal exposure to general market risk by always having both long and short positions in stocks. The fund has a long position in a security when it owns the security and has "sold short" a position when it sells a security it does not own. It may invest in equity securities of companies of any size capitalization, including mid-cap and small-cap companies. The fund also may invest in equity securities of Canadian issuers and ADRs.
Fund filings (PDF) »
Fund filings (PDF) »
Asset managers:
Benjamin Zacks (Started: Jul 24, 2008)
Mitch Zacks (Started: Jul 24, 2008)
Benjamin Zacks (Started: Jul 24, 2008)
Mitch Zacks (Started: Jul 24, 2008)
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | -3.65 | 1.36 | - | - | |
| Beta* | -0.10 | -0.08 | - | - | |
| Mean annual return | -0.43 | 0.03 | - | - | |
| R-squared* | 4.43 | 8.30 | - | - | |
| Standard deviation | 4.76 | 4.27 | - | - | |
| Sharpe ratio | -1.10 | 0.07 | - | - | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Deluxe Corporation (DLX) | 2.03% | |
| Health Management Associates, Inc. (HMA) | 2.03% | |
| Union Pacific Corp (UNP) | 2.01% | |
| Kroger Co (KR) | 2.01% | |
| Google, Inc. Class A (GOOG) | 1.99% | |
| Macy's Inc (M) | 1.99% | |
| AT&T Inc (T) | 1.99% | |
| Community Health Systems Inc (CYH) | 1.96% | |
| Leggett & Platt, Inc. (LEG) | 1.93% | |
| United Technologies Corp (UTX) | 1.91% |