Saturday, January 10, 2009

One Fund, 10 Years, No Annual Losses | Mutual Funds Update | Financial Articles & Investing News | TheStreet.com

Interesting trivia:

One Fund, 10 Years, No Annual Losses | Mutual Funds Update | Financial Articles & Investing News | TheStreet.com:
"....TheStreet.com Ratings team combed its database of open-end equity and hybrid mutual funds to search for such a performer. Astoundingly, we uncovered a single fund that has not suffered an annual loss over the most recent 10 years.

The GMO Alpha Only Fund III (GGHEX Quote - Cramer on GGHEX - Stock Picks) fulfilled its purpose of hedging against losses while successfully investing on the 'long' side of the market to become the only equity or hybrid fund to pass the 10-calendar-years-with-no-annual-losses test for the decade ended Dec. 31, 2008."

1 comment:

mortgage loan modification said...

It's great to hear that things like this are still possible in this economy. Maybe all it takes is a little loan modification!