Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:AP Attacks Absolute Return Funds Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, March 3, 2009

AP Attacks Absolute Return Funds

by: Neil Anderson, Managing Editor

Beating the market by 30 percent apparently isn't good enough for Mark Jewell. This week the Associated Press writer takes absolute return funds to task for losing an average 11.7 percent over the last 12 months, even as the Dow lost 44.85 percent year-over-year as of March 2.

"The market's slide has exposed absolute return funds' big weakness: you can still lose money," Jewell writes.

The Mutual Fund Store founder Adam Bold and Strategic Insight research director Avi Nachmany offer their thoughts on the subject.

Jewell singles out several absolute return funds, including: Dreyfus Global Absolute Return, Nakoma Absolute Return, RiverSource Absolute Return Currency & Income, Rydex Absolute Return Strategies and UBS Absolute Return Bond. He also points to Putnam, while noting that the Power Financial subsidiary's absolute return funds are brand new. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use