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VIXM: A Long-Short Fund With Positive Returns
The volatility fund VIXM was down about 30 to 40%. We decided to get rid of it and instead use a long short fund called BTAL. It buys low beta stocks, which are like value stocks, and then sells growth stocks or high beta stocks. The portfolio has been recovering quicker than the others with the growth tilt it's had to it,. But now I see our signal is beginning to fade.