The Ten Worst-Performing Alternative Funds

Posted on January 16th, 2014 at 2:59 PM

In 2013, the ten worst-performing alternative funds are:

  1. Rydex Inverse –S&P500 2X Strategy H (RYTPX),  an open-end fund with net assets of $56.3M seeking to provide investment results that correspond to 200% of the inverse (opposite) performance of the S&P 500 on a daily basis, with a 1-year return of -33.67%,  and a 3-year return of -33.14%.
  2. GrizzlyShort (GRZZX), an open-end fund with net assets of $95M seeking capital appreciation by selling stocks short, with a 1-year return of -22.33%, and a 3- year return of -19.52%.
  3. Comstock Capital Value A (DRCVX), an open-end fund with net assets of $58.8M seeking to maximize total return by investing in a wide range of asset classes and marketsectors, with a1-year return of -21.83%, and a 3-year return of -18.89%.
  4. Federated Prudent Bear A (BEARX), an open-end fund with net assets of $687.6M seeking capital appreciation by investing primarily through short sales of equity securities and through long positions in value-oriented equity securities, with a 1-year return of -21.66%, and a 3-year return of -16.81%.
  5. Rydex Inverse S&P 500 Strategy Inv(RYURX),an open-end fund. The Fund's objective is to provide investment results that inversely correlate to the total return of the Standard & Poor's 500 Index.
  6. Pimco Stocks Plus AR Short  Strat Institutional ( PSTIX) , an open-end fund seeking total return which exceeds that of its benchmark index consistent with prudent investment management, with a 1-year return of -16.17%, and a 3-year return of -6.24%.
  7. Altegris Macro Strategy A ( MCRAX), an open-end fund seeking absolute returns by investing between global macro strategies and fixed income strategies, with a 1-year return of -13.43%.
  8. Princeton Futures Strategy A(PFFAX), an open-end fund seeking capital appreciation by investing in securities of limited partnerships, limited liability companies, securities of other types of pooled investment vehicles and fixed income securities, with a 1-year return of -13.31%, and a 3-year return of -6.24%.
  9. MutualHedge Frontier Legends A (MHFAX), an open-end fund seeking capital appreciation by investing mainly in a combination of derivative instruments and fixed-income securities, with a 1-year return of -10.975, and a 3-year return of -2.01%.
  10. SunAmerica Alternative Strategies A (SUNAX), an open-end fund seeking long-term total return. by investing in U.S. government securities and other fixed income securities, with a 1-year return of -10.7%, and a 3-year return of -6.02%. 

    The attorneys of Eccleston Law Offices represent investors and advisers nationwide in securities and employment matters. Our attorneys draw on a combined experience of nearly 50 years in delivering the highest quality legal services. 
     

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