New Century Alternative Strategies (NCHPX)

Posted by David Snowball on November 06, 2009 at 17:32:38:

In Reply to: Alternative investment funds for the rest of us (lip) posted by Fundmentals on November 06, 2009 at 15:41:15:

Hi, Fundmentals.

NCHPX is a fund of hedgy mutual funds. The link you provided describes their portfolio and its underlying allocation assumptions. The fund is small, reasonably successful (down 22% last year, up about 17% this year) and reasonably expensive (around 2% plus a 2% redemption fee). For what interest it holds, I've linked my original profile of the fund below.

As ever,

David

• New Century Alternative Strategies

Follow Ups:

• Very nice writeup. About the fund expense... Fundmentals 18:44:10 11/06/09 (0)
• Have followed BPLEX, Robeco Long/Short...+67% ytd, my return was far superior to their's in market melt. I find similar patterns in these funds...not sure about the true value of placing $'s in these (eom) catch22 18:19:50 11/06/09 (2)
  • Which Long-Short Funds Pass a Simple Stress Test? (LIP) Fundmentals 19:37:19 11/06/09 (0)
  • Here is where such funds become relevant... Fundmentals 19:11:20 11/06/09 (0)

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Comments:	: Hi, Fundmentals. : NCHPX is a fund of hedgy mutual funds. The link you provided describes their portfolio and its underlying allocation assumptions. The fund is small, reasonably successful (down 22% last year, up about 17% this year) and reasonably expensive (around 2% plus a 2% redemption fee). For what interest it holds, I've linked my original profile of the fund below. : As ever, : David
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