How to Hedge Your Portfolio: A slew of new mutual funds are copying the tactics of hedge funds. Three for the bold

摘要

WHAT A DIFFERENCE a crash can make. After labeling hedge funds as risky for years, fund companies now think their tactics are the answer for smaller investors. It's easy to see why. Last year, hedge funds were down an average of only 20 percent-bad, but nowhere near as bad as the 37 percent loss for the average stock fund.