v3.26.3
Investment Objectives and Goals - Virtus AlphaSimplex Global Alternatives Fund
Nov. 10, 2026
Prospectus [Line Items]  
Risk/Return [Heading] Virtus AlphaSimplex Global Alternatives Fund
Objective [Heading] Investment Objective
Objective, Primary [Text Block]

The fund pursues an absolute return strategy that seeks to provide capital appreciation consistent with the risk-return characteristics of a diversified portfolio of hedge funds. The secondary goal of the fund is to achieve these returns with less volatility than major equity indices.