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Rating:Some Flexible Funds are Leaning South Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, August 31, 2010

Some Flexible Funds are Leaning South

News summary by MFWire's editors

In his Fund Spy article yesterday, Russel Kinnel points out that some funds with more aggressive allocation strategies have struggled due to the Greek financial crisis.

Kinnel notes the performance of the Ivy Asset Strategy Fund (WASAW) [see profile] , down 2.3 percent this year and the Leuthold Asset Allocation (LAALX), down 3.4 percent.

Meanwhile, Rob Arnott is "looking downright Delphic," Kinnel writes. Arnott calls the shots at Pimco All Asset (PASDX) [see profile] and Pimco All Asset All Authority (PAUDX), which are up nine percent and 10 percent, respectively. 

Edited by: Hung Tran


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