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DoubleLine Strategic Commodity Fund in registration
Apparently so. From the prospectus (TheShadow's link, above): This Prospectus tells you about the Class I and Class N shares of the DoubleLine Strategic Commodity Fund (the “Fund”), a series of DoubleLine Funds Trust (the “Trust”).
Hmmm, looking at the past decade's real returns, commodities appear to have been "somewhat of an outlier." (h/t to Joshua Brown for posting this figure, cranked out by Research Affiliates’ Chris Brightman, on The Reformed Broker blog site yesterday as his Chart O' The Day)
I will say this: a rare example of a mutual fund company actually putting out a new product for an asset class that isn't doing well rather than piling on and putting out a new product because it's doing well and a hundred other companies are putting out a new product for that asset class. Good or bad? I dunno, just saying it usually seems like fund companies are adding new funds for asset classes only when they're doing well and everyone else is putting out new funds.
Comments
Regards,
Ted
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This Prospectus tells you about the Class I and Class N shares of the DoubleLine Strategic Commodity Fund (the “Fund”), a series of DoubleLine Funds Trust (the “Trust”).
Hmmm, looking at the past decade's real returns, commodities appear to have been "somewhat of an outlier."