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U.S. Mutual Fund Plunges 15% In Five Days On Bearish Stock Bets
FYI: It is the buzz of Wall Street: a five-day, 15% plunge in a U.S. mutual fund whose bearish bets were undone by the S&P 500’s latest run to fresh records.
Comments
http://www.mutualfundobserver.com/discuss/discussion/23366/winning-managers-in-alt-space-are-tough-to-find-hfxix-masfx
http://www.mutualfundobserver.com/discuss/discussion/10507/catalyst-hedged-futures-hfxix
On the plus side, I successfully ignored the hype and didn't buy into Catalyst Hedged Futures Strategy HFXIX.
On the down side, I bought Catalyst Macro Strategy MCXIX instead. -36% in 2016, ouch.