Saturday, August 31, 2013

My Fund of the Day: GRZZX


Grizzly Short (GRZZX) is a no-load mutual fund. It gained 72% in market-crash 2008, but it’s not designed for buy-and-hold investors. It’s profiled at:

My Yahoo chart for GRZZX from 2001 shows the fund’s gains in down-years 2001, 2002, and 2008 and its losses in other years.

The fund’s record of price performance from 2001 shows clearly that GRZZX can be a dangerous choice that’s not suitable for conservative or risk-averse investors. The same can be said of all inverse mutual funds and exchange-traded funds.  

For the record, ETFdb has several ETF lists, including one of inverse funds. See:

Never forget this: All investments and savings are gambles on the unknowable future and thus subject to loss as well as gain.

Do visit my website for lots more research I share with do-it-yourself portfolio managers:


No comments:

Post a Comment