Hi Toof, Re: hedged S&P as a cash surrogate.................
This is an interesting and curious idea.
It's too bad there isn't more history on this one. Different from a "bear" fund, it appears to track an upward market okay.The recent, more sideways market seems to be affecting it somewhat adversely, but it would have higher internal costs than the SPY.
http://stockcharts.com/freecharts/perf.php?PHDG,spy
I'm going to do a bit of research on this one.......
Thanks,
This is an interesting and curious idea.
It's too bad there isn't more history on this one. Different from a "bear" fund, it appears to track an upward market okay.The recent, more sideways market seems to be affecting it somewhat adversely, but it would have higher internal costs than the SPY.
http://stockcharts.com/freecharts/perf.php?PHDG,spy
I'm going to do a bit of research on this one.......
Thanks,
Best regards,
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