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"Best No-Load Funds" features news and resources on No-Load Mutual Funds, Index Funds, Exchange-Traded Funds (ETF), and related mutual funds topics.

Dec 06 2005

Absolute Return Funds

Lewis Braham of BusinessWeek reports on "a new breed of mutual fund... emerging known as the "absolute return" fund." Similar to hedge funds, which may invest in "currencies, commodities, distressed debt, convertible-bond arbitrage, and merger arbitrage," absolute return funds seek to earn positive returns regardless of which way the broad stock market might be moving. Braham profiles two no-load absolute return funds, the Alpha Hedged Strategies Fund (ALPHX) and the Rydex Absolute Return Strategies Fund (RYMSX) in this online article from the new isssue of the magazine.

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