Profunds has two new funds; Short Oil & Gas (SNPIX) and Short Real Estate (SRPIX).
One of the writers at Real Money does a lot of sentiment work by looking at inflows and outflows of the Rydex Funds. There could be some interesting sentiment gleaned from these two funds. I am more interested in the oil fund's flows than the real estate fund.
Neither fund is leveraged.
Short post this morning, I am doing an interview on a radio station about the Fed hike and I need to make sure my ducks are lined up.
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Random Roger
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1 comments:
Roger,
I’m a little disappointed with the content of SRPIX. I was hoping it would be a vehicle I could use to take advantage of the inevitable downturn in the residential real estate market (my opinion), but instead the top 10 holdings are all REIT’s with commercial leaning.
Back to the drawing board…
Jim in LV
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