Several “Exotic” Alternatives Perform Badly

Posted on December 23rd, 2013 at 10:00 AM

 

Alternative investments which can provide higher yields and less risk than bonds offer, and can provide lower volatility than equities. However, that is not always the case.  

According to Morningstar fund ranking, the five worst performing alternatives funds in 2013 are:

  • Rydex Inverse –S&P500 2X Strategy H (RYTPX),  an open-end fund seeking to provide investment results that correspond to 200% of the inverse (opposite) performance of the S&P 500 on a daily basis, with 1-year return of RYTPX of -33.67%, and 3 year return of -33.14%.
  • Grizzly Short (GRZZX), an open-end fund seeking capital appreciation and selling overvalued stocks short, with 1 year return of -22.33%, and 3 year return of 19.52%.
  • Comstock Capital Value A (DRCVX), an open-end fund seeking to maximize total return, consisting of capital appreciation and current income by  investing  in a wide range of asset classes and market sectors, with 1 year return of -21.83%, and  3 year return of  -18.89%.
  • Federated Prudent Bear A (BEARX), an open-end fund seeking capital appreciation by short selling equity securities when overall market valuations are high and long buying value-oriented equity securities when overall market valuations are low, with 1 year return of -21.66%, 3 year return of -16.81%.
  • Rydex Inverse S&P 500 Strategy Inv (RYURX), an open-end fund seeking to provide investment results that inversely correlate to the total return of the Standard & Poor's 500 Index, with 1 year return of -18.46% , and 3 year return of -17.36%.

Related Attorneys: James J. Eccleston

Tags:

Return to Archive

TESTIMONIALS

Previous
Next

I am so glad I found you! Wow! I appreciate your help, concern and guidance.

RB

LATEST NEWS AND ARTICLES

May 17, 2024
Fidelity Advisor Files Lawsuit Alleging Wrongful Termination Over Whistleblowing

A former Fidelity Investments advisor, Michael Maeker, has initiated legal action against his former firm, alleging wrongful termination in response to his reporting of anti-investor sales tactics.

May 16, 2024
CFTC Investigates Banks for Potential Whistleblower Suppression

The Commodity Futures Trading Commission (CFTC) has initiated inquiries into several banks, including JPMorgan Chase, Bank of America, and Citigroup, regarding potentially hindering whistleblowers from disclosing information, as reported by Bloomberg News.

 

May 15, 2024
NFA Issues Order Against 50.ai Investments LLC

The National Futures Association's (NFA) Business Conduct Committee (BCC) has taken action against 50.ai Investments LLC, a former NFA Member commodity pool operator and forex firm, for violating multiple NFA compliance rules.