Amanda Cantrell from CNN Money evaluates the performance of mutual funds that act like hedge funds. Is their performance worth the expense?
Here are the details of the four funds the author evaluated:
|Fund||Exp Ratio||Sales Chg||YTD Rtn|
|The Gateway Fund [GATEX]||0.97%||4.52%|
|Diamond Hill Focus Long/Short [DIAMX]||1.75%||5.00%||12.12%|
|Hussman Strategic Growth [HSGFX]||1.15%||4.95%|
|Pimco Commodity RealReturn Strategy [PCRAX]||1.24%||5.50%||15.27%|
If you bought these funds at the beginning of the year, would it have been worth the fees?
Updated September 28, 2007 and originally published December 16, 2005. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.