Institutional investors, hedge funds, endowment money managers, and the rich had the resources and availability of a strategy of balancing bullish and bearish stock picks. The premise of this strategy is to pick stocks (long) money managers believe will increase in value while (shorting) betting against stocks money manager believe will have poor performance. This allows participation in a bull market while providing a degree of protection if the stock market decreases. These strategies are now available to the general public. Morningstar classifies this in the Market Neutral category. These funds provide the advantage of a low correlation to main stream assets such as stocks and bonds. However, market neutral funds are fairly complex products, may have high fees as well as turnover. Investors should consider these issues before investing.
Market Neutral
- Post author:Kevin McNab
- Post published:June 10, 2011
- Post category:Community
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Kevin McNab
This article is written by Kevin J. McNab. Kevin is President of ACE Wealth Partners, LLC and is a CFP®, ChFC®, and CRPC®.
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