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'Go-Anywhere' Funds Struggle To Read The Economic Road Signs

Monday, December 26, 2011 - 6:36 AM
From the Wall Street Journal
They were supposed to be the ultimate weapon for turbulent times: mutual funds with the freedom to buy any assets they want, anywhere in the world. But as investors have flocked to so-called go-anywhere funds this year, many have gone nowhere but down.

It's another example that the new inventions from "investment experts" often turn out to be disappointments.
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Ken TuminKen Tumin5,442 posts since
Nov 29, 2009
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