MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, June 21, 2013 Experts Recommend Overlay Strategy For CEFs CEFs can be good investments if added at the right moment, said Morningstar's Steven Pikelny. Panelists at the Morningstar Investment Conference sung the virtues of using a CEF overlay strategy in ETF and mutual fund portfolios. One of the potential downfalls of investing in CEFs is that sudden changes in investor sentiment can cause share prices to fall faster than the fund's NAV. An overlay is a blessing when investor sentiment forces prices to fall because CEFs can swap current holdings for similar holdings and swap back into the original vehicle when CEF discounts contract, Pikelny explained. You can read the full story here. Printed from: MFWire.com/story.asp?s=44472 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |