FYI: (Follow-Up Article)
Even in pleasant times for stock and bond investors, lower-returning investments pitched as protection against the risk of a downturn have been winning money hand over fist.
Well, they were.
October offered fund companies a reminder that a quality that they market as advantageous — the inherent liquidity of the mutual fund — means investors can take their money out just as easily as they put it in.
Regards,
Ted
http://www.investmentnews.com/article/20141113/FREE/141119951?template=printart