Fund Brochure Says: Balanced.
What it Really Means: “We Will Underperform Both the Stock market AND The Bond Market. You’re Welcome.
Closed-End Funds
About That Public-Private Fund For Retail Investors…
Disclaimer: My commentary below is strictly a relaying of publicly-available news from major publications. I have absolutely no interest in being responsible for anyone’s investments who reads this website without doing their own homework. OK, I had to satiate the gods of regulation. Now that it’s just us adults, I thought I’d discuss yesterday’s news…
