With
Im quite skeptical of any fund that says you can have your cake and eat it, too, Leo Marzen, a partner with
Other critics say that while it is understandable for fund companies to promote absolute-return funds coming off such a miserable year as 2008, traditional asset allocation provides balanced exposure. Also, since most absolute-return strategies have been used by institutional investors, there isnt any historical data to prove whether they work; regulations prevent institutional investors from disclosing performance.
Some say traditional balanced funds may be just as good or better.