| No headlines available for VMNFX. |
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| Morningstar Overall Rating: |
 |
| Total Assets: |
53.63M |
| Category: |
Long-Short |
| Total Expense Ratio: |
0.50% |
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| PERFORMANCE & RISK | 31-Jan-10
| YTD Return: |
0.10% |
| 5y Avg Return: |
1.35% |
| Rank in Category (ytd): |
43 |
| % Rank in Category (ytd): |
15.69% |
| Beta (3y): |
-2.62 |
| Morningstar Risk Rating: |
Average |
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| The investment seeks to provide long-term capital appreciation while limiting exposure to general stock market risk. The fund uses multiple investment advisors, each of which independently selects and maintains a diversified portfolio of equity securities for the fund. It follows a market neutral strategy, which it defines as a strategy designed to produce a portfolio that is neutral with respect to general stock market risk, sometimes referred to as beta neutrality. Each advisor attempts to achieve beta neutrality by selecting for its portion of the fund, long and short positions that, in the aggregate, produce a total portfolio with a beta close to zero. |
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| Fund Profile |
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