|
|
| Morningstar Overall Rating: |
N/A |
| Total Assets: |
36.13M |
| Category: |
Bear Market |
| Total Expense Ratio: |
1.72% |
|
| PERFORMANCE & RISK | 31-Dec-07
| YTD Return: |
-0.73% |
| 5y Avg Return: |
N/A |
| Rank in Category (ytd): |
74 |
| % Rank in Category (ytd): |
74.75% |
| Beta (3y): |
|
| Morningstar Risk Rating: |
|
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| The investment seeks to profit from a decline in the value of lower-quality debt instruments. The fund normally invests at least 80% of net assets in high yield debt instruments, or derivatives of such instruments. The adviser will generally create short positions for the fund. It may invest up to 15% of assets in instruments generally rated below Caa by Moody's or CCC by S&P or derivatives of such instruments and may invest in cash or cash equivalents for temporary defensive. The fund is nondiversified. |
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| Fund Profile |
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