130/30 Funds: Same Beta, More Alpha
Jan 10, 2008
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By Elaine Floyd, CFP ®
Going long and short within the same mutual fund can be an interesting approach for the right client. 130/30 funds have had a relatively short lifespan, but if you do your due diligence and keep your eye on the managers, you may be able to generate a market-beating return without increasing risk.