With more investment houses rolling out 130/30 funds, a small percentage of which are retail funds, financial advisers are trying to better educate investors about the funds, Investor’s Business Daily reports.

Designed to offer greater participation on the upside and lower declines on the downside, they do not protect investors against market downturns. “You can expect to do slightly better, and you can expect to be down less than the market,” explained Scott Bondurant, global head of long-short equity investments at UBS, which launched its UBS Equity Alpha Fund, a retail 130/30 fund, last September.

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