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The TFS Market Neutral fund (ticker: TFSMX) is at an all-time high. The NAV as of last Friday was 15.44. So, all investors who owned the fund should have at least made a little bit of money.
(But, brokers/custodians charge their own fees. So, maybe an investor did not make a little bit of money if they have not overcome the fees from such intermediaries.)
TFSMX has a soft close right now. A hard close on the fund is pending. The request has been filed with the SEC.
Of course, past performance does not guarantee future results. All investors need to read the prospectus and be very careful.
newjerseynewsroom.com
Sunday
Jan 24th
TFS Market Neutral
This is a comment on "Is there a hedge fund in your future?"
Comments (1)
TFSMX
1
Monday, 11 January 2010 23:21
Warren Boroson
As of today, I have a loss of $6.60 on my purchase of shares. Generally, I have had losses, although at one time I had a small gain--briefly.
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