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