What do y'all think of non-correlated funds (ie Campbell Strategic Allocation Fund)?
Many analysts are bullish on the commodity sector. I asked my broker his opinion inre The Rogers Int'l Commodity Index--Total Return ETN (RJI). He responded that RJI is tied directly into commodity prices going up and suggested that I look at the Campbell Strategic Allocation Fund which plays commodities both long and short and that they have a very good record of making money for investors. My hesitation is that they charge very high management fees and cannot be tracked on a daily basis. Anybody have any thoughts on this?
Answers
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Oldman answered 9 months ago …
Try to find the returns of the suggested fund at Morningstar over the past two market (commodity) cycles and plot it against, e.g. a "pure" commodity ETF (e.g., DBC) or an oil or other index (HUI, for instance). How does it do when there's an increase or decrease in commodities?. Ideally, it should produce returns on both upward and downward legs.
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