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 11/22/2017
|Net Asset Value (NAV)||$9.93|
|Public Offering Price (POP)||$10.54|
|Inception Date||Dec 30, 2011|
|Min. Initial Investment||$1,000.00|
Average Annual Total Returns %
|As of Oct 31, 2017 As of Sep 30, 2017||Expense Ratios|
|YTD||1 YR||3 YR||5 YR||10 YR||Inception (12/30/11)||Gross||Net 1, 2|
|Net Asset Value||-0.62||+0.38||-0.19||+2.25||—||+1.75||4.31%||4.31%|
|With Sales Charge||-6.32||-5.43||-2.14||+1.05||—||+0.72|
|HFRX Equity Hedge Index||+7.91||+9.69||+1.91||+3.72||—||+3.85||—||—|
|Net Asset Value||-1.24||-3.26||+1.60||+2.20||—||+1.66||4.31%||4.31%|
|With Sales Charge||-6.90||-8.79||-0.37||+1.00||—||+0.62|
|HFRX Equity Hedge Index||+7.07||+7.91||+1.60||+3.64||—||+3.76||—||—|
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.
The performance quoted represents past performance and does not guarantee future results. Current performance may be lower or higher than the performance information shown. The investment return and principal value of an investment in the Portfolio will fluctuate, so that your shares, when redeemed, may be worth more or less than their original cost. See above “Average Annual Total Returns %” for performance information current to the most recent month-end. Returns for the other share classes will vary due to different charges and expenses. Performance assumes reinvestment of distributions and does not account for taxes.
Total investment return at net asset value has been calculated assuming a purchase at net asset value at the beginning of the period and a sale at net asset value at the end of the period; and assumes reinvestment of dividends, capital gain distributions and return of capital distributions/allocations, if any, in accordance with the provisions of the dividend reinvestment plan. Net asset value equals total Fund assets net of Fund expenses such as operating costs and management fees. Total investment return at net asset value is not annualized for periods less than one year.
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.