Seattle Times- Some mutual funds aim to give you most of the stock market’s long-term gains without those wrenching drops.
Yes, there are some good ones that do exactly that. They use various hedging strategies to protect against market declines. After the past few tumultuous months, you probably don’t need to hear too much more to give them a closer look.
Hussman Strategic Growth Fund (trading symbol HSGFX) operates something like a hedge fund. The manager, former University of Michigan finance professor John Hussman, uses stock-market futures and options to protect his portfolio against a market slump.
It has worked so far. The fund has shrugged off the recent crisis, rising slightly over the past year during a down market.
