Absolute Return How To Make Absolute Returns Absolute Return Funds and Investing Buying Absolute Return Investments
Putnam Investments jumped into the ring in January, with fourabsolute-returnfunds for investors. Goldman Sachs started one last May, and the Natixis Funds launched its in October. The products are pitched at frightened people seeking Wall Streets holy grail: low-risk investments that can also provide attractive returns.
The average absolute return fund lost 13.2 percent over 1 year and 5.8 percent annually over 3 years, by Morningstars count. In general, theyve been less risky than stock funds, fulfilling their charter. But they dont produce positive returns in all kinds of markets, as some investors expected.You can search Morningstar and read more on these funds, but they tend to have high expense ratios and high minimum investments.