http://www.hussmanfunds.com/index.html
http://news.morningstar.com/fundReturns/FundReturns.html?category=$FOCA$LO
http://finance.yahoo.com/q/pr?s=FCNTX

On Feb 2, 7:35 pm, Ian Pilcher <i.pilc...[at]comcast.net> wrote:
- quote -

typically:

- Bear Funds - they go up, when the market goes down

- buying puts against the stock market - an expensive way to hedge

- invest in a low cost value fund such as one of the Vanguard Value
Index funds. Historically, when stocks have gone down, value funds
have tended to go down by less. This is probably because being value
stocks, they tend to have a higher yield (more dividend income) and
dividends tend to be pretty stable, even in bad markets. So there is
return from the dividend income even when the share performance is
poor.

Some hedge funds are 'market neutral' and should be proof against
market downturns (they short stocks as well as long stocks). I don't
know how you would access these as an American investor *and* even the
professionals get it wrong. Some 'hedge' funds have proven to be
anything but hedged*

* example. Amaranth was a 'multi asset' manager, offering risk
protection by investing across stocks, commodities etc. In the event,
it turned out that of their $9.5bn exposure, $6.5bn was a judgement
call by a 29 year old trader, not based at corporate HQ in NY, but in
Calgary, betting on rising natural gas prices. They lost over $5bn of
investors money, and have since closed down. San Diego public
employees pension fund, amongst others, lost 10s of millions of
dollars on this.

On Feb 2, 11:35 am, Ian Pilcher <i.pilc...[at]comcast.net> wrote:
- quote -

What cycle are you trying to counter?

Have a look at some of the bear funds. Or try Hussman.


- quote -

Is there such a thing?

Thanks!

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Ian Pilcher arequipeno[at]gmail.com
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