Mutual funds that place bets against the market by shorting stocks are doing better than typical, long-only funds. Mutual funds that short stocks take on different levels of risk, using various derivatives, such as futures, to protect the bets taken against indexes.
Funds in
"The spread between the best-performing stocks and the worst-performing stocks has gotten very wide," Harin de Silva, president of
De Silvas funds short holding include Mylan Laboratories, Leucadia National and Louisiana-Pacific, among others.
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