Little is absolute about absolute return funds
Friday, February 13, 2009 : PermalinkForbes – When does "absolute" imply something that in reality is far less than certain?
When it comes to absolute return funds. That’s the label mutual fund companies have put on hedge fund-style products that they’ve been rolling out with increasing frequency the past three years. The funds seek to smooth out the bumpy, downward ride the markets have taken lately.
Tags: absolute-return, forbes, mutual-fund-companies, return funds, style products
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