Does anyone own a Long/Short Fund like GGHEX - GMO Alpha Only Fund III

[fatman22]

I was reading this article below and found this "gem" but the fund has a $10,000,000 minimum. (Whoops)
https://news.fidelity.com/news/news.jhtml?cat=Opinion&articleid=200901060857STREE TCMREALTIME_10456023&IMG=N

Does anyone know if there is a Fidelity loophole for this fund. (I've heard that Fidelity allows people to buy some funds with very large minimums in IRA accounts)

Or, is there anything like this without a RIDICULOUS minimum?






"GMO Alpha Only Fund III is the only open-end equity or stock-bond hybrid mutual fund to survive the past 10 calendar years without a single negative annual return"

Disclosure: I do not hold GGHEX (Although if someone is feeling generous..-)

[ziggy29]

Quote:

Originally Posted by fatman22 I was reading this article below and found this "gem" but the fund has a $10,000,000 minimum.

Translation: Only available to those who don't really need it...

[tarheeljim]

There are a number of other long/short funds available. DLSAX has been very good over the last year, as has NARFX.
No affiliation with either; they are no load funds available thru Schwab, and maybe others.
Jim

[Dennis]

Just use ProFunds: All Funds

Cramer and the rest Hate them... That ought to be good enough ...LOL

I've used them for yrs.. $15k Min. to get in..

It's UiXPX paid off very well last yr ( sold 11/21) and since bought same day > UAPIX
History does repeat.. Just like in 02' thru 03'..

:-) very happy camper..