Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

In this Discussion

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Bear Funds don't live up to hype except for PIMCO StocksPlus Short Strategy Fund

edited April 2011 in Fund Discussions
http://www.bloomberg.com/news/2011-04-15/gross-alone-beating-s-p-as-two-crashes-in-decade-fail-to-boost-bear-funds.html

PIMCO StocksPlus funds are not stock funds. They invest in futures contracts with collateral invested in bonds. Some call this a version of portable alpha strategy.

Despite the success of PIMCO StocksPlus Short strategy, I personally do not believe a short biased fund is a good strategy for long term investing. These funds got a good boost in 2008-early 2009 and has ever since bleeding those gains.

Comments

  • Mod: Duplicate of what Ted posted earlier. Please delete this discussion.
Sign In or Register to comment.