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. 
     

Related Attorneys: James J. Eccleston

Tags:

Return to Archive

TESTIMONIALS

Previous
Next

I want to thank you for your excellent professional representation. It was greatly appreciated.

Michael M.

LATEST NEWS AND ARTICLES

October 20, 2021
5 First-of-Their-Kind SEC Enforcement Actions Announced

Securities and Exchange Commission (SEC) Enforcement Director Gurbir Grewal recently discussed notable first-of-their-kind enforcement actions that his division has pursued.

October 19, 2021
FINRA Targets SPACs in Most Recent Exam Sweep

The Financial Industry Regulatory Authority (FINRA) has begun an examination sweep of advisors’ involvement with special purpose acquisition companies (SPACs).

October 18, 2021
SEC’s Statement on Complex Exchange-Traded Products

The Securities and Exchange Commission (SEC) recently voted to approve a pair of rule changes proposed by Cboe BZX Exchange, Inc. to list and trade shares of new exchange traded-products: the 2x Long VIX Futures ETC and the -1x Short VIX Futures ETF.