Medalist Flexible Allocation Funds

This list highlights the top-performing Flexible-Allocation funds, as rated by Morningstar. These funds have an unconstrained mandate to invest across a broad spectrum of asset classes, including stocks, bonds, commodities, cash, and their related derivatives. With the ability to rotate asset allocation based on market conditions, these funds may exhibit characteristics of aggressive, moderate, or conservative allocations at different times.

Morningstar uses a five-tier scale (Gold to Negative) to rate funds. For actively managed funds, Gold, Silver, and Bronze ratings are given to funds expected to outperform their relevant category index after fees and risk. For passive strategies, these ratings are given to funds expected to deliver alpha that exceeds either the category median net alpha or zero over the long term.