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ASTON/Lake Partners LASSO Alternatives Fund - ALSNX
I couldn't find any discussion on this fund. Maybe the reason is it looks terribly expensive. Fund of Funds laying on 1 percentage point on top of an already hefty ER of the funds it holds.
That said, does anyone have any idea on the credibility of lake partners and their LASSO (Long and Short Something Ooof !!!) strategy?
I am unconvinced that these alternative strategy fund of funds are robust against the next cyclical bear market. Personally, I would be interested in a volatility strategy. Extremely cheap right now. You have the possibility of low single digit returns enhanced by sell off protection ( increase in volatility= higher returns). Just a thought and not advice.
I am unconvinced that these alternative strategy fund of funds are robust against the next cyclical bear market. Personally, I would be interested in a volatility strategy. Extremely cheap right now. You have the possibility of low single digit returns enhanced by sell off protection ( increase in volatility= higher returns). Just a thought and not advice.
Sure, but any funds specializing in that sort of thing?
Comments
http://quotes.morningstar.com/fund/f?t=REALX®ion=usa&culture=en-US
http://www.alpsrealincome.com/documents/pdfs/realx-fs-20140331.pdf
I know Ron Lake. I do not know his brother. I've looked at their strategy. I haven't felt compelled to do more research on it or call.
What portfolio need are you looking to satisfy? I'm sure there are cleaner, less expensive alternatives.
I am unconvinced that these alternative strategy fund of funds are robust against the next cyclical bear market. Personally, I would be interested in a volatility strategy. Extremely cheap right now. You have the possibility of low single digit returns enhanced by sell off protection ( increase in volatility= higher returns). Just a thought and not advice.