|Expense Ratio (net)||1.28%|
|Morningstar Risk Rating||★★★★★|
|Last Cap Gain||0.00|
|Inception Date||Aug 31, 2001|
|Average for Category||N/A|
U.K.'s referendum results in favor of a "Brexit" came as a rude shock to global financial markets when most of the recent polls were pointing to a "Bremain."
HFEAX has had a difficult time in the one-year period until March 15, 2016. Along with the information ratio, the fund’s alpha for the period was also negative.
Even though participants were expecting the ECB to take measures on March 10 to stoke inflationary pressure in the Eurozone, the announcements at the meeting took most by surprise.