DALLAS, TX, UNITED STATES, January 22, 2022 /EINPresswire.com/ — The USA Mutuals All Seasons Fund was designated a 5-star Fund in Morningstar’s Equity Market Neutral Category and the top 1% (out 39 Equity Market Neutral funds) from the period January 1, 2018 to December 31, 2021.
Morningstar uses three steps to calculate this rating:
• Total Return: Calculate monthly total returns for the fund. Do an additional adjustment for tax-advantaged dividends where appropriate.
• Morningstar Return: Calculate or collect monthly total returns for the appropriate risk-free rate. Adjust returns for the risk-free rate to get Morningstar Return.
• Morningstar Risk-Adjusted Return: Adjust Morningstar Return for risk to get MRAR. Morningstar Risk is then calculated as the difference between Morningstar Return and Morningstar Risk-Adjusted Return.
“We’ve been disciplined in applying our systematic process and we believe this steadfast approach can serve investors well throughout economic cycles,” stated Paul Strehle, President and Portfolio Manager. “I’m proud of what my team has accomplished. Since taking over management, our focus is to use our rigorous approach to financial analysis to offer us the best opportunity to being a top-rated fund. Our clients deserve that.”
The All Seasons Fund seeks capital appreciation and capital preservation with lower volatility throughout market cycles – highly…
