FYI: The Cedar Ridge Unconstrained Credit Fund launched on December 12, 2013, and recently celebrated its first anniversary. Ten thousand dollars invested at the fund’s inception would be worth more than $11,092 as of December 22, according to data from Morningstar. This compares very favorably to the non-traditional bond fund category average, which would have seen a $10,000 investment grow to just $10,130 over that same time.
Regards,
Ted
http://dailyalts.com/top-nontraditional-bond-fund-celebrates-first-anniversary/