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(PYMRX)Enhancing Index Returns
10:25 AM EDT August 03 2007 |
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| Index funds have been praised for providing low-cost exposure and have gained popularity
due to the dismal performance of actively managed funds. The Payden Market Return Fund is neither of the above as it falls right in the middle. It aims for the return of the S&P 500 plus alpha, but with low volatility and tracking error. The interesting strategy of this fund is that it includes futures and bonds, although it remains an equity fund. |
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