Largest alternatives funds

NOV 16, 2014
Fund/tickerNet assets ($M)1-year return3-year return5-year returnExpense ratio*
MainStay Marketfield I (MFLDX)$16,035.7-6.48%8.95%8.48%1.52%
Gateway A (GATEX)$8,181.46.40%7.13%5.37%0.94%
AQR Managed Futures Strategy I (AQMIX)$6,377.17.32%3.12%N/A1.23%
Pimco Emerging Markets Currency A (PLMAX)$6,288.3-1.09%1.22%1.47%1.25%
JHancock Global Absolute Ret Strats A (JHAAX)$5,893.46.82%N/AN/A1.71%
Merger Investor (MERFX)$5,607.73.39%4.06%3.23%1.26%
Robeco Boston Partners L/S Research Instl (BPIRX)$5,472.310.91%14.50%N/A1.48%
Pimco StocksPlus AR Short Strat Instl (PSTIX)$5,114.6-15.49%-16.37%-11.72%0.64%
Calamos Market Neutral Income A (CVSIX)$4,196.64.23%5.79%4.70%1.12%
Pimco Wldwd Fdmtl Advtg AR Strat Instl (PWWIX)$4,189.00.57%N/AN/A0.99%
Pimco Fundamental Advtg Abs Ret Strat I (PFATX)$4,110.00.59%5.37%4.58%0.89%
Diamond Hill Long-Short A (DIAMX)$3,813.410.77%15.23%8.65%1.41%
GMO Alpha Only III (GGHEX)$3,459.1-1.04%-1.45%-0.29%0.30%
Neuberger Berman Long Short A (NLSAX)$3,222.55.37%N/AN/A1.94%
Natixis ASG Global Alternatives A (GAFAX)$2,957.56.79%6.89%4.95%1.57%
AQR Diversified Arbitrage I (ADAIX)$2,774.8-1.35%1.36%1.78%1.20%
Wasatch Long/Short Investor (FMLSX)$2,716.35.21%12.08%8.45%1.28%
Gotham Absolute Return Institutional (GARIX)$2,708.814.68%N/AN/A2.20%
Arbitrage R (ARBFX)$2,544.61.01%1.04%1.78%1.45%
Absolute Strategies I (ASFIX)$2,030.41.63%0.73%2.05%1.73%
Goldman Sachs Absolute Return Tracker A (GARTX)$1,973.74.07%4.18%1.93%1.55%
JHancock Absolute Return Currency A (JCUAX)$1,956.56.83%4.54%N/A1.42%
Principal Global Multi-Strategy A (PMSAX)$1,941.54.59%N/AN/A2.00%
AllianceBernstein Select US L/S Portfolio A (ASLAX)$1,745.59.39%N/AN/A2.31%
Neuberger Berman Abs Ret Multi-Mgr A (NABAX)$1,677.22.72%N/AN/A2.34%

As of Sept. 30. Distinct classes only. Three-year returns are annualized. N/A=not available *Annual Source: Morningstar, Inc.

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