Voya CBRE Long/Short Fund - Class A
- Unconstrained, fundamental, long/short portfolio of real estate securities primarily listed in the U.S. with select exposure to international markets
- Long and short stock positions and management of market exposure may reduce portfolio volatility and help to minimize loss during market downturns
- Alternative investment strategies can potentially provide greater diversification to help mitigate risk*
The Fund seeks to provide total return while attempting to preserve capital and mitigate risk.
Daily Prices as of 09/20/2017
|Net Asset Value (NAV)||$9.58|
|Public Offering Price (POP)||$10.16|
|Inception Date||Dec 30, 2011|
|Min. Initial Investment||$1,000.00|
Average Annual Total Returns %
|As of Aug 31, 2017 As of Jun 30, 2017||Expense Ratios|
|YTD||1 YR||3 YR||5 YR||10 YR||Inception (12/30/11)||Gross||Net 1, 2|
|Net Asset Value||-0.41||-4.05||-0.18||+2.09||—||+1.84||4.31%||4.31%|
|With Sales Charge||-6.12||-9.61||-2.12||+0.88||—||+0.78|
|HFRX Equity Hedge Index||+5.15||+7.60||+0.95||+3.43||—||+3.49||—||—|
|Net Asset Value||-0.72||-3.79||-0.26||+2.06||—||+1.84||4.31%||4.31%|
|With Sales Charge||-6.41||-9.31||-2.20||+0.86||—||+0.75|
|S&P 500 Index||+9.34||+17.90||+9.61||+14.63||—||+15.10||—||—|
Inception Date - Class A: 12/30/11
Current Maximum Sales Charge: 5.75%
1The Adviser has contractually agreed to limit expenses of the Fund. This expense limitation agreement excludes interest, taxes, investment-related costs, leverage expenses, and extraordinary expenses and may be subject to possible recoupment. Please see the Fund's prospectus for more information.
2The expense limits will continue through at least March 1, 2019. The Fund is operating under the contractual expense limits.
S&P 500 Index
The Standard and Poor's 500 Index is an unmanaged capitalization-weighted index of 500 stocks designed to measure performance of the broad domestic economy through changes in the aggregate market value of 500 stocks representing all major industries. The index does not reflect fees, brokerage commissions, taxes or other expenses of investing. Investors cannot invest directly in an index.
Principal RisksMutual fund investing involves risk, including possible loss of principal. In addition to the normal risks associated with investing, short sales losses are potentially unlimited and the expenses involved with the short strategy may impact the performance of the Fund. With short sales, you risk paying more for a security than you received from its sale. There can be no assurance that the Fund will achieve its stated objectives. The Fund may engage in leveraging and other speculative investment practices which could increase the risk of loss. It may also invest in derivatives, which are often more volatile than other investments and may magnify the Fund’s gain or losses. Real estate investments are subject to changes in economic conditions, credit risk, and interest rate fluctuations. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from economic or political instability in other nations. The Fund is non-diversified. Other risks of the Fund include but are not limited to: Company; Concentration; Convertible Securities; Currency; Initial Public Offerings; Investment Model; Liquidity; Market; Market Capitalization; and Other Investment Companies risks. Investors should consult the Fund's Prospectus and Statement of Additional Information for a more detailed discussion of the Fund's risks.
*Diversification does not ensure a profit or protect against a loss in a declining market.