TSC Ratings provides exclusive stock, ETF and mutual fund ratings and commentary based on award-winning, proprietary tools. Its "safety first" approach to investing aims to reduce risk while seeking solid outperformance on a total return basis.

Adaptive Allocation Fund ( CMFCX) was one of only a few newly rated funds from TheStreet.com Ratings to earn a "buy" rating, as it used mathematical models to pick a pair of companies working on the opposite side of energy production, Occidental Petroleum ( OXY) and First Solar ( FSLR).

Adaptive Allocation Fund, formerly known as the Critical Math Fund, says its quantitative investment model aspires to "adapt to any given market environment, conserving capital when risk is deemed high and investing aggressively when risk is considered low."

TheStreet.com Ratings

Goldman Sachs ( GS) and Fidelity Investments government bond funds accounted for 82% of its holdings at the end of February. Adaptive Allocation Fund had a loss of 21% for the 12 months ended Feb. 28, giving it the second-best performance of newly rated funds.

RiverSource Income Builder Basic Income ( RBBAX) stands as the only newly graded fund on the accompanying table with the highest possible "overall" mark of A-plus from TheStreet.com Ratings. RiverSource Income Builder Basic Income's negative return of 18% was the top performance.

Overall grades in the "A" and "B" ranges equate with "buy" recommendations.

 
Equity Funds Newly Rated by TheStreet.com Ratings
NAME
TICKER
Reward Grade
Risk Grade
Overall Grade
12-Month Total Ret'n (%)
Adaptive Allocation Fund
CMFCX
B+
B-
B+
-20.87
Columbia Master Global Eq A
CMEAX
D+
D-
E+
-49.41
Columbia Master Heritage A
CMHAX
B
C+
B
-35.56
Columbia Master Intl Eq A
CMTAX
D
E-
E
-51.77
Direxion Developed Mkt Bear 2.0X Fd
DXDSX
A+
E-
C
85.62
Edgewood Growth Fund Retail
EGFFX
B
E+
C
-38.41
Harbor Small Company Growth Inv
HSGIX
E
E+
E-
-53.58
ING International Real Estate A
IIRAX
E+
D
E
-55.47
J Hancock Intl Classic Value A
JHFAX
E
E-
E-
-53.91
JPMorgan Strat SmCap Val A
JPMAX
E+
D+
E+
-43.63
Lazard Intl Strategic Eqty Prt Open
LISOX
C
D+
C-
-46.09
Managers AMG Systematic Value A
MSYAX
D
C-
D
-47.56
Natixis Loomis Sayles Glbl Mrkts A
LGMAX
B
D+
C+
-37.55
RVST Disciplined Small Cap Value A
RDVAX
E+
D+
E+
-43.62
RVST Income Bldr Basic Inc A
RBBAX
A
B+
A+
-17.96
RVST Income Bldr Enh Inc A
RSBAX
A
B
A
-22.16
RVST Income Bldr Mod Inc A
RSMAX
A
B
A
-21.28
Saratoga Adv Tr Intl Equity A
SIEYX
E+
D
E
-53.04
Saratoga Adv Tr Large Cap Value A
SLVYX
E
D
E
-51.66
Saratoga Adv Tr Small Cap A
SSCYX
C-
D+
C-
-37.43
Saratoga Adv Tr-Large Cap Growth A
SLGYX
D
E-
E
-44.36
Stephens Mid Cap Growth Fund A
STMGX
C-
D-
D-
-43.22
Steward Intl Enhanced Index Indv
SNTKX
C-
D
D
-50.47
TCW Large Cap Growth Fd N
TGLFX
C
D+
C-
-43.03
Van Kampen Leaders Fund A
VLFAX
C-
C-
D+
-44.60
Wasatch Strategic Income Fund
WASIX
C
C-
C-
-45.99
William Blair Mid Cap Gr Fd N
WBMNX
B
D
C
-35.20
Source: TheStreet.com Ratings (Data as of end of most recent monthend).

For an explanation of our ratings, click here.

TheStreet.com Ratings, recently cited for Best Stock Selection from October 2007 through February 2009 , is an independent research provider that combines fundamental and technical analysis to offer investors tremendous value in volatile times. To see how your portfolio can use this research, click here now!

Richard Widows is a senior financial analyst for TheStreet.com Ratings. Prior to joining TheStreet.com, Widows was senior product manager for quantitative analytics at Thomson Financial. After receiving an M.B.A. from Santa Clara University in California, his career included development of investment information systems at data firms, including the Lipper division of Reuters. His international experience includes assignments in the U.K. and East Asia.

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